NSW economic decline since Olympics

New South Wales's share of the national economy has been decreasing since the Sydney Olympics and the decline is probably permanent. In the last financial year NSW contributed just 33.1 per cent of the national economic output, the lowest figure in twenty years. Access Economics has predicted that NSW's share of the national economy will continue to decrease, to about 32.5 per cent in 2010. Several factors have contributed to the decrease, including a decline in population growth, the high cost of housing and a resource boom in other states.

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