craig james latest reports, page-2

ok, and extract follows....note what he states regarding housing in each state....note this is not his article, but another making comments on it

The secrets of the ACT's success were population growth, which underpins the state's housing market, and stronger-than-average economic growth. However, retail sales and business investment remain far lower than in other states.
In Western Australia, economic growth is being propelled by the exports and investment in the resources sector. However, the housing and construction sectors remain under severe pressure.
In Victoria, housing and strong employment are pushing the state along, but private business investment is a drag on growth.
In South Australia, above-average population growth and strong conditions for construction are somewhat offset by weaker retail spending.
In the Northern Territory, low unemployment is driving retail spending, but the construction sector is a drag on overall conditions.
New South Wales continues to face a battle to turn its fortunes around, although a new government may help. While business investment is above average, residential and non-residential construction is struggling.
In Tasmania, unemployment remains relatively low, but retail spending is subdued.
Disaster hit Queensland is plagued by low population growth and disastrous conditions in the housing sector. However, post-flood rebuilding should spark more economic activity.
One challenge looming for all states and territories is labour shortages, with all regions seeing wages growing faster than prices.

http://www.smartcompany.com.au/economy/20110418-act-has-the-strongest-economy-commsec.html