NSW has consolidated its position as the nation’s strongest performing economy and is pulling away from the other states.
Acting NSW Treasurer Dominic Perrottet welcomed the latest CommSec State of the States report which confirms that the NSW economy continues to lead the nation.
NSW retained its ranking as the nation’s top performing economy for the fourth consecutive quarter and was moving further ahead of the states and territories ranked below it, the report found.
“When we came to government four years ago we promised to make NSW number one again – and that is what we have delivered,” Mr Perrottet said.
“But this is just the start. We will continue to work hard to grow the economy and to create the jobs this great State deserves and needs.”
The CommSec report comes after recent official labour force data showed there were 11,300 jobs added in NSW in June – more than double the next highest state.
Mr Perrottet said the Government’s Rebuilding NSW plan will make NSW an even stronger economy, with $20 billion going towards new roads, rail, schools, hospitals and cultural institutions.
“We will continue to work hard to keep NSW number one and to take our State to the next level,” he said.