8 October 2017
Taking Victoria’s Economic Success Story To The World
October 2, 2017
Treasurer Tim Pallas today begins a two-week study tour of European and Asian cities to promote Victoria’s robust economy and discuss new opportunities with leading global investors. In cooperation with the Treasury Corporation of Victoria (TCV), the Treasurer will visit London, Copenhagen and Helsinki, tapping into expertise in a range of areas, including social and […]
Categories: Media Release, Treasurer
Regional Jobs Surge As Unemployment Falls
September 21, 2017
Regional Victoria’s job surge continues with the Australian Bureau of Statistics (ABS) confirming more than 31,000 jobs were created across the State over the year to August 2017. At the same time, unemployment fell across regional Victoria, with the current rate at 4.9 per cent. This compares with a rate of 6.6 per cent inherited […]
Categories: Media Release, Treasurer
Four Solid Quarters For The Victorian Economy
September 21, 2017
Victoria’s AAA-rated economy continues to go from strength to strength thanks to the Andrews Labor Government’s prudent economic management. Our position as the nation’s leading economy is evident across a range of factors outlined in the Victorian 2016-17 Annual Financial Report, tabled today in the Victorian Parliament. A final operating surplus of $2.7 billion was […]
Categories: Media Release, Treasurer
A New Road To Success For Students In The West
September 15, 2017
Students in Melbourne’s west will be given the chance to break into the construction industry with scholarships funded through the West Gate Tunnel Project. In 2018, five students will be awarded a scholarship, through not-for-profit organisation Western Chances which provides scholarships, opportunity programs and ongoing support to assist talented and motivated young people in Melbourne’s […]
Categories: Media Release, Treasurer
272,000 New Jobs And Counting
September 14, 2017
Three times the number of jobs have been created in Victoria under the Andrews Labor Government compared to the entire term of the previous Coalition Government, Australian Bureau of Statistic (ABS) data confirmed today. Since November 2014, Victoria’s employment has increased by 272,600 people or 9.4 per cent, the highest growth in Australia in both […]
Categories: Media Release, Treasurer
Victorian Consumer Sentiment Highest In Australia
September 13, 2017
Victoria’s consumer sentiment is the highest in the country, as the state’s economy continues to go from strength to strength. The Westpac-Melbourne Institute report has found that the consumer sentiment index has risen 4.2 per cent in September, with Victoria now at 105.7, the highest of all the mainland states. This reflects the state’s strong […]
Categories: Media Release, Treasurer
Making Housing More Affordable For Victorians
September 8, 2017
First home buyers across regional Victoria are benefitting from stamp duty relief and the doubling of the First Home Owner Grant (FHOG), which came into effect on 1 July. Talking at a business forum in Portland, the Treasurer Tim Pallas said that the grant, which increased from $10,000 to $20,000 is expected to help up […]
Categories: Media Release, Treasurer
Cutting Taxes And Growing Jobs For Regional Victoria
September 8, 2017
Thousands of Victorian businesses are benefitting from payroll tax cuts, with regional businesses in particular the big winners, the Treasurer Tim Pallas said today. Visiting Keppel Prince Engineering Pty Ltd in Portland to discuss the benefits of the payroll tax cut for regional businesses as outlined in the 2017/18 Victorian Budget, the Treasurer said the […]
Categories: Media Release, Treasurer
A Brand New School For Portland Families
September 8, 2017
Portland will receive a brand new specialist school and improved school facilities, thanks to the Andrews Labor Government. During his visit to inspect construction at Portland Primary School today, Treasurer Tim Pallas announced that $8 million will be invested in new school facilities. $7 million is being invested in a new specialist Portland Bay School […]
Victoria’s Economic Growth The Strongest In The Nation
September 6, 2017
Victoria continues to be Australia’s economic powerhouse with new data released today confirming that growth in Victoria’s state final demand was the strongest of all the states and almost double the national average. The Australian Bureau of Statistics (ABS) figures show Victoria’s extraordinary growth in final demand of 4.7 per cent over the year to […]
Categories: Media Release, Treasurer