At a state level South Australia grew at an above-trend rate and accelerated. Tasmania grew at an above-trend rate with slowing momentum and Western Australia grew below-trend but accelerated.
New South Wales, Victoria, Queensland, the Australian Capital Territory and the Northern Territory all grew at below-trend rates and decelerated.
There was some good news in Victoria and South Australia’s labour markets, which continued to expand at an increased rate.
Most of the Western Australia components (consumer, household, business and labour market) also found renewed momentum, suggesting the state is adjusting positively from the mining construction boom.