Victorian Economic Growth Statement released
The Victorian Government has released an Economic Growth Statement.
The Statement is the result of collaboration with business and industry, which lays out actions for a stronger economy.
The Statement identifies five priority sectors, which helps to provide industry with greater confidence to invest in Victoria, while sharpening Victoria’s competitive advantage.
The priority sectors are:
- Advanced manufacturing and defence
- Health technologies and medical research
- Circular economy
- Digital technologies
- Agribusiness.
These five priority sectors are an important part of our current economy – and they’ll help drive future growth, creating jobs and opportunities for businesses and workers.
The Statement also outlines four key government actions to unlock economic opportunity.
The four actions are:
- Open Doors: Backing business to invest, expand and innovate.
- Cut Red Tape: Making it simpler to do business in Victoria.
- Build New Skills: Ensuring a workforce that’s ready to go.
- Reach Every Community: A strong Victoria underpinned by a strong regional Victoria.
Through a raft of initiatives, the Statement actions will make it easier, simpler and faster to do business here in Victoria.
The Department of Jobs, Skills, Industry and Regions will play a key role in leading many of the actions, which will support business investment, create jobs, boost priority sectors, and drive exports.
Read the Economic Growth Statement.