Covid 19 -

[Tickford.]

Commsec released their forth quarter State of the States report for best performing economies post COVID-19 year (2020).

• First place: Tasmania
  
• Second place: ACT
  
• Third place (equal): Victoria / South Australia
  
• Fifth place: Quennsland
  
• Sixith place (equal): NSW / Western Australia
  
• Eighth place: Northern Territory

For the fourth quarter in a row, Tasmania holds the mantle of the best performing economy. But notably there has been compression in the rankings with little to separate five of the other seven economies. The ACT remains in second spot, ahead of Victoria, in equal third spot with South Australia. Queensland is in fifth sport. NSW and Western Australia are just behind in joint sixth spot from the Northern Territory.

Tasmania has now been on top for four straight surveys – either shared with another economy or in its own right. The second ranking for the ACT maintains its highest ranking for over three years (April 2017). And the joint third ranking for South Australia is its highest position in just over a decade. The equal sixth ranking for NSW is its lowest position for eight years.

https://www.commsec.com.au/stateofstates

Tasmania has done very well. They have leaned more towards the 'elimination strategy'. NSW, with their 'we have to share the virus strategy', is in 6th, worst in 8 years!