Abstract
Spending has grown strongly in the resource-rich states in recent years, primarily reflecting very high levels of investment in the mining industry. However, the pace of growth in state production and developments in other economic indicators have been more uniform across the states. This reflects the high import content of mining investment as well as the flow-through of spending and income from the resource-rich states to the other states.
Original language | English |
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Pages (from-to) | 1-7 |
Number of pages | 7 |
Journal | Reserve Bank of Australia. Bulletin |
Volume | 2012 |
Issue number | March |
Publication status | Published - Mar 2012 |
Externally published | Yes |