The ACT continues to have the strongest economy in the nation but the gap with the rest of the nation has narrowed, according to the Commonwealth Bank's latest State of the States: State & Territory Economic Performance Report.
The report released, on 18 April 2011, shows the ACT economy continues to out-perform other jurisdictions, relative to its decade average, in a number of key economic indicators.
Dwelling construction, new home loans and population growth in the ACT are all reported to be above decade averages and ahead of other jurisdictions, which are assessed on eight key indicators of economic growth, retail trade, equipment investment, unemployment, construction work done, population growth, housing finance and dwelling commencements.
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