At the heart of 61% of Australia's economic activity and 66% of the population, Melbourne stands as a beacon of economic prosperity. It is situated in the Australian southeast triangle, which has a combined economic output surpassing A$1.4 trillion.
Victoria’s advanced air mobility, drone and electric aviation revolution is taking flight, with the opening of a Dovetail Electric Aviation Development Centre in regional Gippsland - an Australian-first.
The Victorian Government’s investment in Victoria’s regional rail-freight network has given the state’s $4.4 billion grain industry the clarity and certainty it needs to shift more grain by rail freight for both domestic and export markets.
Victoria’s title as Australia’s number one state for jobs creation has been retained, with Victoria recording the largest jobs growth in the country last month.
The Victorian Government is strengthening Victoria’s reputation as one of the most cosmopolitan and multicultural cities in the world by continuing its strong investment in multicultural festivals and events, with the opening of a new round of grants as part of the Multicultural Festivals and Events Program.
The Victorian Government is providing certainty for investors and Victoria’s growing renewable energy industry by accelerating planning approvals for renewable energy projects to ensure they are built faster.
Invest Victoria and the Victorian Government continues to attract global investment to Parkville - a world-leading biomedical precinct, as more companies choose to call Melbourne, Australia home.
The Victorian Government is helping to bolster the native foods industry by supporting Traditional Owners with new options to track and sell native foods through blockchain.
A new Victorian Government grant program will help Victorian medtech startups and scaleups accelerate their pathway to market, increasing healthcare innovation and creating high-skilled jobs in one of the state’s fastest growing industries.
Victoria’s sustainable and thriving circular economy is gaining momentum with the help of everyday Victorians who are stepping up to reduce waste – with more than 220 million containers already recycled through the Container Deposit Scheme (CDS).
Victoria is charging towards its nation-leading target of achieving net zero emissions by 2045, with the opening of Victoria’s first electric bus depot in Melbourne’s north-east.
The capability of Melbourne, Victoria’s world-class medical research sector is increasing with the Victorian Government investing in a world-first Victorian platform to fast-track the development of vaccines and therapeutic treatments by safely testing their effectiveness and side effects.