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Melbourne might have that but as a whole, Victoria is by far the worst performing state on a per capita basis when it comes to bringing money into the country. In next worst place is NSW.
At the other end of the spectrum is WA followed by Queensland.
SA and Tas both sit in the middle. Not great contributors but not the drain that many would imagine either. They’re muddling along, real product for export does come out of both states albeit not on the scale of WA or Qld.
There’s a divide between Australia’s economic basis and its politics.
Not intending to throw stones there as per my previous comment.
Interesting . I wonder if that analysis includes the value of overseas students coming to the country?
The economic basis Smurf is highlighting would be (I guess) the huge iron ore, oil, gas and minerals projects. Our manufacturing industry has certainly collapsed. It would be interesting to see how much employment has been generated by the resource industry in relation to it's size.
Also be interesting to see the economic return to the country relative to the overall profits of the industries.