Gross State Product up

The Australian Bureau of Statistics “experimental” annual estimates of States’ real Gross State Product (GSP) show that WA’s economic growth for the year was 4.6 per cent, a little above the national average (4.3 per cent).

The volume of exports grew by 9.3 per cent, and net exports contributed the largest component of growth, at 2.7 percentage points. Domestic demand growth was more modest, at 2.1 per cent.

The largest contributor to domestic demand was government spending, which rose by more than 10 per cent, boosted by investment expenditure growth of more than 30 per cent.

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6th-Australian Institute of Management WA20,000
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8th-South Regional TAFE10,549
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