Southern Australia Southern Australia The term Southern Australia is generally considered to include the states and territories of Australia of New South Wales, Victoria, Tasmania, the Australian Capital Territory and South Australia. The part of Western Australia south of latitude 26° south – a definition widely used in law and state government policy – is also usually included. Although it comprises about half of the total area of Australia, Southern Australia includes about three-quarters of the Australian population, the two largest cities (Sydney and Melbourne), the political capital (Canberra), the main food growing areas and the main industrial centres. The area is
Victoria (Australia) municipal areas. The state of Victoria is the second largest economy in Australia after New South Wales, accounting for a quarter of the nation's gross domestic product. The total gross state product (GSP) at current prices for Victoria was A$374 billion in June 2016, with a GSP per capita of A$60,595. The economy grew by 1.0 per cent in the 2015–16 financial year, less than the Australian average of 2.7 per cent. Finance and insurance is Victoria's largest income producing sector, while the health care and social assistance sector is the state's biggest employer. The shift towards service industries in