Tasmania leads, NSW slides: A state-by-state look at Australia's economies

Northern Territory
The Australian Capital Territory and South Australia performed well compared to previous years, with the ACT maintaining its highest ranking since April 2017, and SA achieving its highest place in just over a decade.
Meanwhile, New South Wales, which shares its rank with Western Australia, sits at its lowest position in eight years.
When it comes to unemployment, the Australian Capital Territory has the strongest job market. Despite the COVID-19 shock, unemployment in the ACT stands at 3.7%, which is 7.0% below the decade average.
The next best is South Australia, with its 6.4% jobless rate being just 1.0% above the decade average.

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