Stateometer Reports Tasmania On Top

STATEOMETER REPORTS TASMANIA ON TOP

The ANZ Stateometer Report for the September Quarter showed Tasmania as the only Australian state with a Stateometer Index Value above trend for the period. Although most state were reported to be below trend, economic growth is still strong as a result of high consumer and business confidence and a healthy supply of planned and ongoing public sector infrastructure.

All states and territories across the country except Tasmania and the Northern Territory decelerated and recorded growth at a below trend rate.
— ANZ Stateometer Report

The Stateometer report corroborates our coverage of various financial reports last week that indicate strong economic performance and growth for Tasmania and it’s hospitality and tourism industries.