The Q1 2026 ANZ Stateometer indicates that economic performance remains above trend, driven primarily by strength in mining states. However, consumer and housing indices suggest cooling momentum as high interest rates and inflation weigh on households.
Key Takeaways
- 1.Economic performance remained above its long-run trend in Q1 2026, led by strong momentum in mining states.
- 2.Combined federal, state, and territory budget deficits are expected to narrow as states move towards surpluses by 2029-30.
Table of Contents
- Spotlight: federal, state and territory budgets
- New South Wales
- Victoria
- Queensland
- South Australia
- Western Australia
- Tasmania
- Northern Territory
- Australian Capital Territory
- Appendices
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Authors
Sophia AngalaJasmine Zheng
Themes
Cost of LivingEconomic MomentumFiscal Consolidation
Regions
Asia PacificAustralia