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1.Market Observations, 8.Was Sticky

6 Dec 2016 (TheAge) – Extreme Victoria: Melbourne rides high while the rest of the state goes backwards

(6 December 2016, The Age, p2, Peter Martin)

‘Victoria has become Australia’s most divided state as the economic fortunes of Melbourne soar while those in the rest of the state crumble faster than anywhere else in the nation.’ <snipped…>

‘SGS Economics and Planning, which calculates the capital city and rest-of-state figures annually, says GDP per capita in regional Victoria has collapsed 8 per cent since it peaked in 2006-07. ‘

Read more at TheAge.com.au

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