WA surge tipped

THE emerging economies of WA, Queensland and the Northern Territory will surge ahead in the next five years with growth in excess of the national average, says a new study by BIS Shrapnel.

However, South Aust-ralia and Tasmania will struggle to develop industry, attract investment and generate jobs, the study says.

State Industry Pros-pects 1999-2014 contains forecasts for industry sectors on a state-by-state basis over the next fifteen years.

Authors and economists Richard Robinson and Matthew Jones, write: “The economies of Queensland, WA and the Northern Territory are ‘developing’...fuelled by fast population growth and rapid development of plentiful mineral and land resources.”