Category: Treasurer

Jobs, Infrastructure And Investment Driving Victoria

Jobs growth and record infrastructure investment have solidified Victoria’s position as the nation’s strongest economy. The state’s 2018-19 mid-year financial report shows our economy is well-equipped to meet any future challenges – including a softening property market – and that our record infrastructure investment continues to create jobs for tens of thousands of Victorians. Growth […]

Categories: Media Release, Treasurer

Victoria’s Economy Continues To Deliver

Victoria’s economy continues to set the pace, recording the highest rate of growth for state final demand in the nation over the year to December 2018. Australian Bureau of Statistics data today confirmed Victoria’s state final demand grew by 5.2 per cent over the year, the highest growth rate of all the states and more […]

Categories: Media Release, Treasurer

Delivering On An Investment And Regional Jobs Boom

Victoria continues to outperform the nation with a booming regional jobs market, as well as the highest capital expenditure figures on record. Australian Bureau of Statistics data released today confirms regional Victorians are benefiting from the strongest regional jobs market in the nation – with an additional 13,700 people finding a job in regional Victoria […]

Categories: Media Release, Ministers, Treasurer

Victoria’s Big Build Pipeline Boosting Construction

Victoria is leading the nation when it comes to building major infrastructure, with new data showing the value of construction work grew by more than 15 per cent in 2018 – the highest growth rate in Australia. Australian Bureau of Statistics data today confirmed the value of construction work done in Victoria has grown to […]

Categories: Media Release, Treasurer

New Homes And More Jobs In Our Fastest Growing Areas

More than 50,000 new homes will be built across land to be released over the next four years, improving Melbourne’s housing affordability and creating jobs in growth areas. The Andrews Labor Government is planning for 12 new communities to sustain Melbourne’s 15-year land supply, which is critical for keeping house and land packages affordable. Detailed […]

Categories: Media Release, Treasurer

Time For Morrison To Pay Up On Infrastructure

The minority Morrison Government must fairly fund Victorian infrastructure if any progress is to be made towards a national population framework. The Federal Liberal Government failed to reach an agreement on the framework with the states and territories at the Treasurer’s Forum on Population in Canberra on Friday. If the Commonwealth’s infrastructure investment was distributed […]

Categories: Media Release, Treasurer

Regional Victoria’s Unemployment Rate Hits Record Low

Regional Victoria is boasting its lowest unemployment rate since records began at just 4.3 per cent, new ABS data shows. The data reveals regional Victoria’s unemployment rate is also lower than all other states in the nation – dropping 0.3 percentage points in the December quarter. The national average regional unemployment rate is sitting at […]

Categories: Media Release, Treasurer

Victoria’s Booming Economy Leads The Way

Surging job numbers, a thriving construction industry and buoyant retail trade have underpinned Victoria’s number one spot in CommSec’s State of the States report. The latest quarterly report shows the Andrews Labor Government’s landmark infrastructure spend has bolstered job numbers and construction levels, while delivering the roads, rail, hospitals and schools our growing state needs. […]

Categories: Media Release, Treasurer

Driving The Economic Boom In Victoria

The Andrews Labor Government is delivering huge boosts to local engineering construction and building activity, with Victorians feeling more confident about their financial future, according to the latest data. The Australian Bureau of Statistics (ABS) today confirmed Victorian engineering construction activity was valued at a total $16.7 billion in the 12 months to September 2018 […]

Categories: Media Release, Treasurer

Victoria’s Construction Sector Leads A Strong Economy

Victoria’s building industry is among the strongest in the nation, with the Andrews Labor Government’s sound financial management creating jobs and ensuring the state’s economy continues to grow. Data released today by the Australian Bureau of Statistics shows the value of Victorian building approvals for the year to November 2018 was worth $39.5 billion. For […]

Categories: Media Release, Treasurer