Australia's best economy

Verdict from top economists

North Queensland is about to become the talk of the nation after leading property figures yesterday rated Townsville as Australia's top regional economy.

Industry expert Terry Ryder said Townsville had the strongest economy of any region in the country.

My Ryder authors a popular website that identifies hot property locations and writesw for The Australian.

"I rank Townsville as the sturdiest regional economy in Australia" said Mr Ryder, who says the city is an urban centre with a big future.

It is a view shared by Bill Morris, a Gold Coast-based Queensland property and tourism market analyst, who publishes the quarterly Midwood report.

"I would have to agree with him," Mr Morris said of Mr Ryder's comment.

Article Source: Townsville Bulletin - Septeber 24, 2010