As the Victorian economy transforms, the Victorian Government can be trusted to create new jobs and protect existing ones.
Employment growth is strong across Victoria, and the Government is working hard to ensure these benefits keep flowing to our families and communities well into the future.
At an average of 5.8% in 2016, the unemployment rate is well below the 6.9% recorded in October 2014, and jobs growth in our diverse economy is expected to continue.
What will the money be used for?
The 2017/18 Budget includes investments to:
Attract private sector investment
$90 million to attract private sector investment and job creation, and protect existing businesses.
$24.8 million for Visit Victoria to attract visitors from around the world, driving jobs growth in our visitor economy.
$10.2 million for Jobs Victoria to increase the impact of social enterprises, and to assist retrenched workers across Victoria to find new jobs.
$110 million to establish a timber plantation in the Latrobe Valley, to support the long-term sustainability of Victoria’s timber harvesting industry.
A further boost for workers and industries in transition
The new era of social entreprise in Victoria
Growing apprenticeships and traineeships in Victoria
More jobs for Victorians, more support for businesses
More support for Victorian apprentices
Attracting the world's best to create more local jobs
- Visit the Latrobe Valley Authority website