Category: Treasurer

100 Projects And Counting For A Booming Victoria

Victoria’s building boom is already paying dividends, with the value of infrastructure projects in the state growing by $18 billion or 20.5 per cent over the past year. The latest quarterly Investment Monitor report from leading economic forecaster Deloitte Access Economics shows Victoria has enjoyed the highest growth of the mainland states in the year […]

Categories: Media Release, Treasurer

Victorian Economy Tops The National Rankings

Victoria has the nation’s strongest jobs market, economic growth, retail trade and construction work done, according to the latest CommSec State of the States report. Released today, the report shows Victoria’s economic activity was 26.9 per cent above its decade-average output – the best result in the nation – and 1.5 percentage points ahead of […]

Categories: Media Release, Ministers, Treasurer

Vic Regional Unemployment Rate Lowest Of The States

Regional Victoria is benefiting from thousands of new jobs, with the state’s regional unemployment rate the lowest recorded in the nation. Australian Bureau of Statistics data released today shows Victoria’s regional unemployment rate is just 4.6 per cent – well below the national average of 5.4 per cent. Victoria’s regional areas also had the strongest […]

Categories: Media Release, Treasurer

More Than 460,000 Jobs Created In Victoria Under Labor

Victoria’s jobs growth continues, with 10,000 jobs created in March alone, and the State’s unemployment rate dropping to 4.6 per cent. Australian Bureau of Statistics data released today shows more than 123,000 people found a job in Victoria in the year to March 2019 – the largest percentage increase of all the states. Importantly, the […]

Categories: Media Release, Treasurer

Statement On Victorian Budget

The Andrews Labor Government has made the decision to postpone its budget until after the federal election due to the stark difference being offered to our state by Federal Labor and the Federal Liberals and Nationals. Until we know who we will be dealing with in Canberra, it would be irresponsible to finalise our budget […]

Categories: Media Release, Treasurer

Helping Aboriginal Victorians Buy Their First Home

The Andrews Labor Government is helping to make home ownership more affordable for Aboriginal Victorians by extending its already successful HomesVic pilot. Victorian Treasurer Tim Pallas today officially launched the HomesVic Aboriginal Victorians Shared Equity Program, which will help up to 40 Aboriginal Victorians get on the first rung of the property ladder. Eligible applicants […]

Categories: Media Release, Treasurer

Morrison Fails Fair Share Test On Victorian Infrastructure

On the eve of the election, the Morrison minority government has again failed to give Victoria its fair share of infrastructure funding. After six long years of Victorians losing out to Sydney on infrastructure – the Morrison minority government has tonight confirmed that Victoria still won’t get its fair share of funding. According to the […]

Categories: Media Release, Ministers, Treasurer

Unemployment In Regional Vic The Lowest In The Nation

Victoria’s regional unemployment is the lowest in the nation, with more and more people finding work outside Melbourne. New Australian Bureau of Statistics (ABS) data shows, an extra 10,200 people found a job in regional Victoria in the three months to February, more than double the number of jobs created in regional NSW. Victoria’s regional […]

Categories: Media Release, Treasurer

Cutting Red Tape In Victoria’s Planning Processes

The Andrews Labor Government has ordered a comprehensive review of Victoria’s building and planning approvals processes to remove red tape, and streamline local and state government planning systems. Victorian Treasurer Tim Pallas and Planning Minister Richard Wynne have instructed the Red Tape Commissioner complete a review, aimed at removing delays and support the delivery of […]

Categories: Media Release, Treasurer

Victoria’s Construction Continues To Grow

Victoria’s construction sector continues to lead the nation, with engineering construction growing by 13.4 per cent in the past year – the highest annual growth rate of the mainland states and bucking the national trend. New Australian Bureau of Statistics data shows engineering construction in Victoria grew by $490 million over the year to December […]

Categories: Media Release, Treasurer