Aboriginal economic development

Truth and Justice in Victoria

The Yoorrook Justice Commission is investigating historical and ongoing injustices committed against Aboriginal Victorians since colonisation, across all areas of social, political and economic life. The Aboriginal Economic Development Group is leading the department’s response to the Commission.

Cultural and creative economy

Visit our website for an overview of Creative Victoria's current cultural infrastructure projects: Creative Victoria.

Employment and small business

Better Approvals for Business program

The Better Approvals for Business program is part of the Victorian Government’s regulation reform agenda focused on improving planning and other business approvals processes to support economic recovery.

Fair Payments Policy

The Victorian Government's Contracts for fair payments policy has been established to support small and medium businesses by increasing the timeliness and certainty of cash flow. The policy applies to department and agency contracts entered for goods and services, including Works or Construction Services.

Small Business Regulation Review

Business Victoria has reviewed the regulatory burdens placed on small businesses across the state. Cutting red tape for small businesses supports entrepreneurs and helps business grow, contribute to Victoria's economy and generate new employment opportunities. Find out more Small Business Retail Regulation Review.

Industry and innovation

Outdoor recreation

Fish stocking

The Victorian Fisheries Authority has stocked record-breaking numbers of fish in recent years including a huge 10 million fish during the 2021-2022 stocking season. Fish are stocked to improve recreational fishing opportunities in lakes and rivers and help the recovery of threatened species such as trout cod and Macquarie perch. The annual regional consultative meetings (Vic Fish Stock) provide a forum for discussion on fish stocking regimes, fish population surveys and other related recreational fisheries management issues.

Overseeing the delivery of Better Boating projects & programs

Better Boating Victoria oversees the delivery of recreational boating projects and programs through the allocation of the Better Boating Fund.  The Better Boating Fund comprises of boating registration and licence fees, which are reinvested into projects and programs across the state. The fund enables ramp upgrades, grants programs and boating education to be delivered as well as ensuring boaters can park and launch for free at all Victorian public boat ramps.

Regional development

Victorian GovHubs

GovHubs are purpose-built employment hubs in Ballarat, Bendigo and the Latrobe Valley. The developments will bring new public service roles to the regions.

Ballarat Station Precinct Redevelopment

The government is partnering with the private sector to deliver the Ballarat Station Precinct Redevelopment, a vibrant commercial, transport and community precinct that includes a new hotel and conference centre with new shopping and dining options.

Geelong City Deal

The $370 million Geelong City Deal brings together all three levels of government with industry, the higher education sector and the community to support Geelong and the Great Ocean Road’s continued economic growth through a range of projects.

Building Works package

The government is investing $2.7 billion in the Building Works package to create local jobs across the state with more than half the projects in rural and regional Victoria.

Tourism and events

Industry crisis resources

The department has developed resources for the tourism industry that provide advice on how to prepare for, respond to, and recover from a crisis event and help counter negative publicity in the event of a crisis.

Tourism Project Facilitation

The Tourism Project Facilitation team offers expert advice and assistance to help identify opportunities for investment and support tourism projects that have potential to drive Victoria’s visitor economy. The team supports projects through all investment phases from testing the concept, preparing for investment, construction, delivery product launch and activation.

Delivery of the Tourism Infrastructure Program

The Tourism Infrastructure Program is a $310 million investment in tourism infrastructure across regional Victoria and has been developed to deliver a strong pipeline of demand-driving tourism infrastructure projects, with a focus on strengthening public infrastructure to enable private investment and to facilitate the development of new tourism products. The Program comprises three separate funds:

  • Flagship Projects
  • Regional Tourism Investment Fund (RTIF)
  • Enabling Tourism Fund (ETF)

Research and analysis

The Tourism and Events research unit collates and analyses a range of research and statistics relating to tourism in Victoria. Publications include domestic and international visitation and expenditure, the economic contribution of tourism, tourism forecasts and segment and market profiles. This information is provided to assist government, industry and investors to understand the trends and issues impacting the sector to enable better evidence-based decision making.

Economic Impact Assessments of the 2022 and 2023 Formula 1® Australian Grand Prix

In 2022 and 2023 Ernst & Young was commissioned to undertake an independent assessment of the economic impact of the 2022 and 2023 Formula 1® Australian Grand Prix.

The reports provide an estimate of the economic impact, full-time equivalent employment and other key variables that were generated by the event.

Download the full reports:

The accessible versions of the reports will be available soon.

Ticket scalping legislation

The Major Events Act 2009 protects fans from ticket scalpers by ensuring that tickets to major events are available for everyone. When the government declares an event as a major event, it becomes illegal to sell or advertise for resale tickets for more than 10 per cent above face value.

For more information, visit the Ticket Scalping website.

Tourism excellence

The tourism excellence guides have been designed to help tourism businesses and destinations get the best from their workforce, deliver the best possible visitor experience, grow tourism by working together, and ensure a sustainable industry.

Trade and investment

Helping Victorian businesses take on the world

Global Victoria opens the world to Victorian businesses by building their skills and knowledge for international growth and promoting them to audiences in key global markets.

Trade missions

Trade missions provide Victorian exporters with opportunities to build international connections and develop a better understanding of global markets. Trade missions are typically sectoral focused and Global Victoria develops tailored programs for participating businesses, supported in-market through an international network of more than 20 Victorian Government Trade and Investment (VGTI) offices.

Investor migration and global talent attraction

The Victorian skilled and business migration program brings investment and jobs to Victoria through the attraction of investor and business migrants. The program also attracts high calibre global talent to meet Victoria's ongoing workforce needs in high priority occupations that cannot be accessed locally.

Invest Victoria Advisory Network

The Invest Victoria Advisory Network is a compiled list of reputable service providers and organisations who have the experience and capabilities required to help international companies and investors find success in Victoria.