CommSec State of the States for January 2014,State & territory economic performance report

interesting to note the WA still heading the states as the standout leader in this report. As mining projects moving from the construction phase and into production phase there still appears to be a significant wealth effect flow on into resources facing states. Similar comments noted from the Perth based brokers (Hartleys and Euroz) that clients who have invested in miners (i.e. producers as opposed to explorers) have still done well and there is somewhat of a wealth effect localised in these states.