"Melbourne population is growing more than that of any other Australian city, and over the past five years, Victoria's economy has had the biggest growth in output of any state.
"But while Victoria has become the nation's engine in absolute terms, in percentage terms it is Queensland.
"Brisbane's population is growing faster than any other capital city, and Queensland and Western Australia are enjoying the fastest growth in jobs and economic activity.
"Sydney's role is shrinking as high house prices strangle its growth. In the past four years, the NSW economy has grown by just 6.7 per cent, less than half as fast as Victoria and barely a third as fast as the rest of Australia."