Israel’s national carrier El AL Airlines will soon establish a footprint in Victoria with non-stop flights between Tel Aviv and Melbourne on the horizon - a move that will increase investment opportunities, create new local jobs, and increase visitor movement.
A snapshot of the state’s finances shows Victoria is in sound shape as the economy continues a sustained recovery from the effects of the global pandemic that is growing jobs and underpinning confidence.
We know that business benefits from gender equality, with research showing that businesses with at least 30 per cent women in leadership positions are 15 per cent per cent more profitable.
Victorians will get a glimpse into the future of flying at the Australian International Airshow this week, with cutting-edge electric aircraft, aerial taxis and cargo drones part of a Victorian Government display.
A well-known multinational that operates a chain of hypermarket and retail companies will establish its regional sourcing hub to export high quality Victorian produce to the Gulf states.
Victoria’s first all-electric bus depot operated by Melbourne-based bus operator Ventura is powering up, hitting a major milestone in the state’s aim to be zero net emissions free by 2050.
Victoria’s food and fibre exports have reached a record high, valued at $17.9 billion in 2021-22 – a 29 per cent increase on the previous year.
In another win for Melbourne’s thriving technology ecosystem, Amazon Web Services (AWS) has announced the launch of the AWS Asia Pacific (Melbourne) Region.
Deep-tech company Seventh Sense will establish an artificial intelligence (AI) research and development hub in Melbourne.
A recent report by the Australian Centre for Population has projected Melbourne will overtake Sydney to become the fastest growing capital city from 2023–24.
The State Government of Victoria is backing standout companies that will invest in Victorian jobs and innovation and boost the state’s future economy.
Work has begun to build Moderna’s breakthrough mRNA vaccine plant in Melbourne’s south-east, a first of its kind in the Southern Hemisphere.