Tasmania first in CommSec State of the States report for January 2022 with ...

Tasmania first in CommSec State of the States report for January 2022 with ...
Tasmania first in CommSec State of the States report for January 2022 with ...
Why Australia's smallest states have thrived the most during the pandemic - and the surprising state coming last Tasmania has been Australia's strongest state economically during pandemic It was No.1 again on CommSec's State of the States league report, January 2022 South Australia came second with unemployment rate also at record-low levels But New South Wales is coming last among the states with retail spending weak 

View
comments

Australia's smaller states have thrived during the pandemic with Tasmania regarded as having the nation's strongest economy now for almost two years.

The island state has topped CommSec's State of the States league table since mid-2020, and now has Australia's strongest retail spending despite the Omicron surge.

Tasmania was also No. 1 for equipment investment and new home building in the January report.

Australia's smaller states have thrived during the pandemic with Tasmania regarded as having the nation's strongest economy now for almost two years. The island state has topped CommSec's State of the States January 2022 league table since mid-2020, and now has Australia's strongest retail spending despite the Omicron surge (pictured is Hobart)

Australia's smaller states have thrived during the pandemic with Tasmania regarded as having the nation's strongest economy now for almost two years. The island state has topped CommSec's State of the States January 2022 league table since mid-2020, and now has Australia's strongest retail spending despite the Omicron surge (pictured is Hobart)

Unemployment across Australia

NATIONALLY: 4.2 per cent

NSW: 4 per cent

VICTORIA: 4.2 per cent

QUEENSLAND: 4.7 per cent

WESTERN AUSTRALIA: 3.4 per cent

SOUTH AUSTRALIA: 3.9 per cent

TASMANIA: 3.9 per cent

NORTHERN TERRITORY: 4.2 per cent

ACT: 4.5 per cent

Source: Australian Bureau of Statistics labour force data for December

Advertisement

CommSec economists Craig James and Ryan Felsman have deemed it to be Australia's strongest economy during the Covid pandemic, as it was during the Global Financial Crisis in

read more from dailymail.....

PREV Thursday 26 May 2022 12:25 PM Passengers 'report nausea and vomiting from chemical fumes' on board Carnival ... trends now
NEXT Thursday 26 May 2022 12:43 PM Partygate: Patrick Kielty tells of late-night lock-ins at Sue Gray's pub trends now