Western Australia has again secured the top gong as Australia's best performing economy according to a new report by the Commonwealth Bank, despite recording the country's second weakest economic growth.

The mining state has led the national performance rankings for the fifth consecutive CommSec State of the States report, which identifies the country's economic leader based on a number of financial indicators.

Strong household spending, population growth and housing finance have contributed to WA's success, with Queensland moving into second place on the back of a boost in household spending.

But it was South Australia that topped the leader board for economic growth, with economic activity for the June 2025 quarter hitting 8.7 per cent — about the state's long-term average.

Tasmania

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