Politics

Dec 5, 2012

Richard Farmer’s chunky bits: Tassie’s GDP lags behind rest of nation

No cause for alarm in the country as a whole from today's GDP figures but things are surely looking crook down in Tasmania.

Richard Farmer

Crikey political commentator

Tasmanian woes. No cause for alarm in the country as a whole from today’s GDP figures but things are surely looking crook down in my old home state. In seasonally adjusted terms, the national GDP increased 0.5% in the September quarter, with through the year GDP growth at 3.1%.

At the state level there are some very big variations. In seasonally adjusted terms the percentage change in state final demand from September last year to this for the Northern Territory was plus 26.7, and plus 9.6 for Western Australia. But poor old Tasmania lags well behind with an actual fall of 5.7.

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2 comments

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2 thoughts on “Richard Farmer’s chunky bits: Tassie’s GDP lags behind rest of nation

  1. Mike Smith

    The wowsers hate it when you point out that their ‘research’ confuses correlation and causation, too. :^)

  2. Jim Moore

    So you’re going to drink wine because it’s good for you now? Isn’t the fact that it tastes good and dulls your feelings of low self-esteem enough?

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