Reported at michaelwest.com.au: Australia’s largest state economy, Western Australia has been ranked as the country’s best-performing in the latest CommSec State of the States report.

The report highlights WA’s strengths in retail spending, unemployment, and housing finance, while Queensland and South Australia followed in second place overall.

Despite economic slowdown due to rising interest rates and inflation, the job market and population growth remained robust, with WA experiencing a significant rise in annual home prices.