Tasmania Rated Australia’s Number One State Economy: CommSec

An aerial view of the city of Hobart and Mount Wellington in Tasmania. AAP Image/Supplied by MACq 01 Hotel, Stu Gibson

According to a report, Tasmania has been rated as the best-performing state economy for the fifth quarter in a row, with the Australian Capital Territory (ACT) maintaining the second spot.

CommSec’s State of States report (pdf) measures and analyses the economic performances for each state and territory over every quarter against the 10-year average, or “normal” performance, for eight key indicators.