International Investment Report 2021-22

Data from global investment consultant fDi Markets shows Victoria attracted $8.1 billion in overseas investment in 2021-22, well ahead of New South Wales ($6.1 billion) and Western Australia ($5.8 billion).

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Backing Net-Zero Minerals Revolution

A critical minerals startup, Magnium Australia is conducting a groundbreaking feasibility study that could lead to the world’s first net-zero magnesium foundry being built in Victoria with technology developed by the CSIRO.

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New Therapeutics Centre to fast-track life-saving treatments from Melbourne

A Pandemic Therapeutics Centre will be established in Melbourne to rapidly develop new life-saving treatments, further expanding on Melbourne’s reputation as a global leader in medical research.

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Global AI specialist sets up APAC HQ in Victoria

Renowned US-based e-commerce innovator Fanplayr has chosen Melbourne to open its Asia Pacific headquarters, which will create highly skilled jobs in the state’s thriving tech sector.

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Hydrogen tech innovator moves global HQ to Melbourne

Clean technology innovator DiviGas has chosen to move its global headquarters from Singapore to Melbourne, where it will further develop its world-leading hydrogen capture solutions.

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Victorian Government releases Advanced Air Mobility Industry Vision Statement

The Victorian Government is backing industry development of next-generation quiet electric aviation technology to assist Victoria to meet its 50 per cent renewable energy target by 2030, encouraging the decarbonisation of logistics and transport networks.

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Victoria to house Australia’s first mRNA vaccine manufacturing capability

Australia’s capability to manufacture mRNA vaccines onshore has been secured with Moderna and the Victorian Government finalising arrangements for this world-leading biotech research organisation to establish its mRNA vaccine manufacturing facility and Regional Research Centre in Victoria.

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Smart retirement innovators join Melbourne fintech sector

The UK’s acclaimed retirement technology provider Smart Pension has chosen Melbourne’s thriving fintech sector for its Australian base, where it will work with partners to deliver innovative digital retirement savings solutions across the country.

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American e-learning platform sets course for Melbourne

With an eye for expansion, global online education platform Coursera has chosen Melbourne to base its APAC headquarters.

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Ernst & Young draws on the Ballarat talent mine

Consulting giant, Ernst & Young (EY) will establish its new Service Delivery Centre in Ballarat, 75 minutes west of Melbourne.

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Major US airline to boost connections with Melbourne

One of the world’s biggest airlines is gearing up to restart and grow direct services between Melbourne and San Francisco, providing more opportunities than ever for businesses to expand their operations in Melbourne’s thriving multi-sector ecosystem.

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Europe’s largest public research centre sets up HQ in Melbourne

Europe’s largest public research organisation has chosen to establish a representative office for Oceania in Melbourne, in a further boost to Victoria’s globally renowned R&D sector.

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