South Australia's Remarkable Climb: Now Second in Economic Performance

South Australia has made a stellar leap in national economic rankings, now holding the title of the second-best performing economy in the country. According to the latest CommSec State of the States report, South Australia rose from fourth to second place, highlighting a robust economic resurgence.

A Construction Surge

The state has outpaced its long-term averages, claiming the top spot for construction work and dwelling starts. This construction boom is a key driver behind South Australia’s economic acceleration, reflecting an invigorated building sector that is fueling further development and stability.

Job Market Triumph

In the realm of employment, South Australia has demonstrated the fastest job growth across the nation over the first half of 2025. This uptick in job opportunities has stimulated increased consumer spending and business investments, strengthening the state’s economic fabric.

A Historical Leap

Remarkably, at the time of the 2022 State Election, South Australia was positioned fifth in terms of economic performance. The recent jump to second place underscores the successful strategies implemented to boost economic activities across multiple sectors.

Government’s Stance

South Australian officials have expressed pride in the state’s economic achievements. The report cites increased consumer spending and business investments as contributing factors to the state’s improved economic status. As stated by Stephen Mullighan, “This is an excellent result which demonstrates the positive action this Government is taking to improve our economy.”

Western Australia Still Leads

Although South Australia celebrates its achievements, Western Australia continues to lead the nation. For the fourth consecutive report, it remains number one, benefiting from its advantageous GST revenues and the enduring boom in resource royalties.

Looking Forward

South Australia’s ascent in the economic rankings is a testament to its dynamic growth and strategic developments. The state’s success narrates a story of resilience and ambition, as it capitalizes on construction and employment to secure its position as an economic powerhouse in the nation. According to Mirage News, such strides hint at a promising future, positioning South Australia as a model for other states to aspire to.