The NSW shadow treasurer has slammed the Berejiklian government for the state's poor economic performance during the coronavirus pandemic.
The latest quarterly state of the states report compiled by Commonwealth Securities found NSW languishing in seventh position among the eight states and territories.
It is only just ahead of the Northern Territory.
"This is a sad report and showed that the Berejiklian government missed an opportunity to provide genuine support in the COVID-19 economic crisis," Walt Secord said on Tuesday.
"Clearly, the Berejiklian COVID support did not hit its mark."
The CommSec ratings were NSW's lowest in more than nine years.
"I never thought I would see the day when we lagged behind the Tasmanian and South Australian economies," Mr Secord said.
Tasmania topped the performance rankings for the fifth consecutive quarter, followed by the ACT in second place and Western Australia in third.
CommSec assesses each state and territory on eight key indicators - economic growth, retail spending, equipment investment, unemployment, construction, population growth, housing finance and starts on dwelling work.