WA is Australia’s top economic performer despite weak growth

Economic Performance Report: State of the States

Summary

Western Australia (WA) ranks as Australia’s top-performing economy for the fifth consecutive quarter, despite recording one of the nation’s weakest economic growth rates. Strong household spending and housing finance drive its performance.

Key Points

  • Top Performer: WA leads national rankings, excelling in household spending, population growth, and housing finance.
  • Economic Growth: WA’s economic activity is only 3.62% above its long-term average, the second-weakest growth nationally. South Australia leads in growth at 8.7%.
  • State Rankings: Queensland is second, followed by South Australia, Northern Territory, Victoria, Tasmania, New South Wales, and Australian Capital Territory (last).
  • Housing: WA leads in new housing builds, with starts 24.8% above the decade average, though supply still falls short of demand.
  • Volatility: WA’s economy is susceptible to export sector disruptions (e.g., cyclones impacting port operations).

经济表现报告:各州状况

总结

西澳大利亚州(WA)连续第五个季度被评为澳大利亚经济表现最佳的州,尽管其经济增长率是全国最弱的之一。强劲的家庭支出和住房融资推动了其表现。

关键点

  • 最佳表现者: WA在家庭支出、人口增长和住房融资方面表现优异,位居全国榜首。
  • 经济增长: WA的经济活动仅比长期平均水平高出3.62%,是全国第二弱的经济增长。南澳大利亚州以8.7%的增长率领先。
  • 各州排名: 昆士兰州排名第二,其次是南澳大利亚州、北领地、维多利亚州、塔斯马尼亚州、新南威尔士州和澳大利亚首都领地(最后)。
  • 住房: WA在新住房建设方面领先,开工率比十年平均水平高出24.8%,但供应仍远低于需求。
  • 波动性: WA经济易受出口部门中断(如气旋影响港口运营)的影响。

Original Article Link: https://www.abc.net.au/news/2025-10-27/wa-tops-economic-performace-report/105938214

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