During the mining investment boom, Western Australia was the best-performing economy for 12 quarters in a row, and from 2014 to mid-last year, NSW took the mantle. But a new champion is on the rise now: Victoria.

According to the new CommSec rankings, strong economic growth, retail trade, employment and construction work has given Victoria the status of the best-performing economy for the sixth quarter in a row.

CommSec’s assessment is focused on eight key indicators: economic growth, retail sales, investment in infrastructure, jobs, construction work completed, increase in the population, housing finance, and new housing.

This year, Victoria had a budget surplus of $1 billion. Despite following a property downturn hit of $5.2 billion, it held the top spot for construction work completed, 25.6 percent above its average of ten years.

There’s also the best job market in Victoria. CommSec states that Victoria’s unemployment stands at 4.8%, a rate 14.4% below the state’s average of ten years. While growth in employment is 14% above the average of the decade.

The level of retail sales was another surprise. Victoria again topped the charts by 15.8 percent above the decade average with inflation-adjusted retail trade in the June quarter.