
SA wage growth falls below cost of living
Price rises for consumer products have overtaken pay rises for South Australian workers, breaking a long run of wages rising faster than the cost of living.
Price rises for consumer products have overtaken pay rises for South Australian workers, breaking a long run of wages rising faster than the cost of living.
South Australia has been ranked the top state for business investment in the latest CommSec State of the States report.
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The NSW economy remains the nation’s top performer, dominating the other states on key measures of prosperity, according to CommSec’s latest State of the States report, while Western Australia is anchored at the bottom of the list as the mining construction boom comes to an end.
South Australia’s economy has been ranked as the equal worst of the Australian states after Tasmania nudged upwards to join SA in seventh place.
Falling housing and commercial construction and reduced retail spending have contributed to South Australia being rated the second-worst economy in the country.