Category: Treasurer

Victoria’s Nation-Leading Building Boom Boosting Jobs

New figures show the Andrews Labor Government has overseen an unprecedented building boom in Victoria, with engineering construction growth the strongest in the nation since December 2014. Australian Bureau of Statistics (ABS) data released today shows that Victorian engineering construction has grown 39.8 per cent since the Labor Government was elected. This is more than […]

Categories: Media Release, Treasurer

Desperate Liberal Stunt On GST Can’t Be Believed

Matthew Guy’s stunt on GST allocation and infrastructure funding is yet another desperate act from an increasingly desperate opposition leader. For three years, Matthew Guy and the Victorian Liberal Party have legitimatised the injustice that has been Malcolm Turnbull short-changing Victorians. Victoria is the fastest growing state and home to more than a quarter of […]

Categories: Media Release, Treasurer

A Recipe For Jobs And Investment In Melbourne’s North

A pasta maker will invest in advanced manufacturing technology to expand its operations and create new jobs in Melbourne’s north thanks to support from the Andrews Labor Government. Treasurer Tim Pallas visited Diseb Food Group in Somerton today to announce a Local Industry Fund for Transition (LIFT) grant that will enable the company to embark […]

Categories: Media Release, Treasurer

Record Infrastructure Spend Drives Victoria’s Economy

The Victorian economy is strong, growing and well equipped to meet current and future challenges according to the 2017‑18 Mid‑Year Financial Report. Treasurer Tim Pallas released the report today, which shows an operating surplus for the General Government sector of $950 million for the six-month period ending 31 December 2017. A solid contributor to the strength of […]

Categories: Media Release, Treasurer

A Year On, Homes For Victorians Is Making Things Fair

Thousands of Victorians now have the comfort and security of a new home thanks to the Andrews Labor Government’s ground-breaking Homes for Victorians initiative. A year after its launch, more than 17,000 first home buyers have benefited from stamp duty exemptions and concessions, while more than 2,000 have received first home owner grants to break […]

Categories: Media Release, Ministers, Treasurer

Giving Engineers A Cutting Edge

The Andrews Labor Government is delivering on its election commitment to introduce a mandatory registration scheme for engineers – giving Victorian engineers an edge. The new scheme will ensure highly-qualified and experienced engineers develop and oversee the State’s most important projects – including the Metro Tunnel, West Gate Tunnel and the Level Crossing Removal Project. […]

Categories: Media Release, Treasurer

Victoria’s Growing Economy Forges Ahead

Victoria’s economy continues to thrive with strong annual growth in state final demand (SFD), driven by the Andrews Labor Government’s unprecedented infrastructure investment. The Australian Bureau of Statistics’ (ABS) National Accounts released today show SFD grew by 4.4 per cent over the year to December 2017 – well above national final demand of 3.1 per […]

Categories: Media Release, Treasurer

Land Use Victoria Proceeds To Deliver Infrastructure Boost

The Andrews Labor Government’s record infrastructure program is set to receive a boost from the commercialisation of the land titles and registry functions of Land Use Victoria. Treasurer Tim Pallas today announced the government will shortly issue an Expression of Interest to proceed with the transaction, with proceeds going towards the record investment in the […]

Categories: Media Release, Treasurer

Victoria’s Building Approvals And Trade Lead The Way

Victoria’s strong economy is fuelling industry and consumer activity with new data confirming building approvals and retail and international trade are all leading the nation. Australian Bureau of Statistics (ABS) data released this week shows Victorian building approvals reached a record high of $40 billion in the 12 months to January 2018. The data also shows […]

Categories: Media Release, Ministers, Treasurer

Prime Minister For Sydney Strikes Again

Malcolm Turnbull has struck again – announcing he will provide billions of dollars for a train line to an airport in Sydney that doesn’t exist, despite owing Victoria billions of dollars in infrastructure funding. Over the weekend, the Turnbull Government announced it would jointly fund a $7 billion rail link with the New South Wales […]

Categories: Media Release, Treasurer