Macrobusiness has previously expressed some concerns about the housing sector in Victoria.Australia has a three-speed economy. Western Australia leads the way with the ACT and Victoria in the second group and little separating the other economies in a third group.And while Western Australia is expected to hold its position in coming quarters, there is likely to be a shuffling of the other rankings. Queensland is moving its way up the rankings, underpinned by strength in resources and rebuilding. Only a soft housing market is holding back the economy.
Monday, January 23, 2012
State of the States
The latest Comsec State of the States report shows an improved standing for Queensland with a positive outlook.