State economies snapshot Building, construction and investment September 2019:

“Australia’s economic growth slowed to just 1.4% p.a. in Q2 2019, the weakest growth rate since 2009. In Q2, state final demand was up in WA, VIC (due to strong population growth and government spending) and TAS (due to government spending and housing investment), flat in NSW and QLD, and down in SA. Annual growth in state final demand has slowed in 2019 across all states and territories except for WA, which improved on the back of private and government investment.”