Category: Treasurer

More Than 280,000 Jobs Since November 2014

Victoria’s jobs boom continues, with jobs growth continuing to climb and the State seeing the highest annual employment surge in the nation. A total of 114,400 jobs were created in the 12 months to September according to the Australian Bureau of Statistics (ABS). Since the Andrews Labor Government was elected, Victoria’s employment has increased by […]

Categories: Media Release, Treasurer

Report Slams Federal Plan To Dud Victoria On GST Funding

The Productivity Commission draft report released today pours cold water on the recent thought bubble from Federal Treasurer Scott Morrison to punish states that have banned fracking and other forms of resource exploration. The report – Inquiry into Horizontal Fiscal Equalisation – finds that punishing those States through reducing their GST distribution would “be an […]

Categories: Media Release, Treasurer

Taking Victoria’s Economic Success Story To The World

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

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

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

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

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

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

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

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