Tim Pallas State Labor Member for Werribee

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Authorised by T. Pallas, 2/56-58 Watton St Werribee VIC 3030.

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SOLAR SAVINGS SET FOR WERRIBEE APARTMENT RESIDENTS

Thousands of solar panels will soon roll out across Victorian apartment buildings – slashing power bills by around $500 a year thanks to the Albanese and Allan Labor Government’s Solar for Apartments program. Applications are now open for the first round of the $16 million program - which will make it cheaper and easier for apartment residents to install rooftop solar. Around 12 per cent of Victoria’s 2.5 million households live in apartments, with around 63 per cent of these occupied by renters. Successful applicants will receive rebates of up to $2,800 per apartment, or up to $140,000 per building for up to 50 apartments to install solar panels on their rooftop. Solar for Apartments will help around 5,000 households including owners and renters to save money on the upfront cost of installing solar, cut their energy bills, improve the value of the apartments, and reduce emissions. The take up of solar on apartments has been much lower due to the complexity and costs, and Solar for Apartments will help fix this by reducing upfront costs and streamlining the installation process. Rebates will be available to apartment buildings up to eight storeys with between 5 to 50 apartments – ensuring the solar installation can provide meaningful energy bill savings for residents. Owners corporations will have the choice to install either multiple individual solar PV systems, a single large solar PV system coupled with solar sharing technology, or a combination of both. There have already been over 500 registrations of interest, including owners corporations, apartment residents including owner-occupiers and renters, and rental providers – showing the huge demand for accessible solar. The program has been developed in consultation with industry, local government, and strata community representatives. Round 1 applications are open until April 15. For more information visit solar.vic.gov.au. This program forms part of the Albanese Labor Government’s Community Solar Banks initiative - unlocking access to shared solar for 25,000 homes across Australia who have found it difficult to access solar in the past.             Quote attributable to Victorian Minister for Energy and Resources Lily D’Ambrosio “This is all about making it easier for Victorians that live in apartments to install solar - so they can slash their power bills by $500 and help us cut emissions.” Quote attributable to Commonwealth Minister for Energy Chris Bowen “We want to make it cheaper and easier for apartment residents to install solar on their rooftop so they too can take advantage of cleaner, cheaper solar to provide cost-of-living relief.” Quote attributable to Member for Werribee Tim Pallas “By easing upfront costs, this program will allow more residents in Werribee to receive the benefits from solar panels.”  

SOLAR SAVINGS SET FOR WERRIBEE APARTMENT RESIDENTS

Thousands of solar panels will soon roll out across Victorian apartment buildings – slashing power bills by around $500 a year thanks to the Albanese and Allan Labor Government’s Solar for Apartments program. Applications are now open for the first round of the $16 million program - which will make it cheaper and easier for apartment residents to install rooftop solar. Around 12 per cent of Victoria’s 2.5 million households live in apartments, with around 63 per cent of these occupied by renters. Successful applicants will receive rebates of up to $2,800 per apartment, or up to $140,000 per building for up to 50 apartments to install solar panels on their rooftop. Solar for Apartments will help around 5,000 households including owners and renters to save money on the upfront cost of installing solar, cut their energy bills, improve the value of the apartments, and reduce emissions. The take up of solar on apartments has been much lower due to the complexity and costs, and Solar for Apartments will help fix this by reducing upfront costs and streamlining the installation process. Rebates will be available to apartment buildings up to eight storeys with between 5 to 50 apartments – ensuring the solar installation can provide meaningful energy bill savings for residents. Owners corporations will have the choice to install either multiple individual solar PV systems, a single large solar PV system coupled with solar sharing technology, or a combination of both. There have already been over 500 registrations of interest, including owners corporations, apartment residents including owner-occupiers and renters, and rental providers – showing the huge demand for accessible solar. The program has been developed in consultation with industry, local government, and strata community representatives. Round 1 applications are open until April 15. For more information visit solar.vic.gov.au. This program forms part of the Albanese Labor Government’s Community Solar Banks initiative - unlocking access to shared solar for 25,000 homes across Australia who have found it difficult to access solar in the past.             Quote attributable to Victorian Minister for Energy and Resources Lily D’Ambrosio “This is all about making it easier for Victorians that live in apartments to install solar - so they can slash their power bills by $500 and help us cut emissions.” Quote attributable to Commonwealth Minister for Energy Chris Bowen “We want to make it cheaper and easier for apartment residents to install solar on their rooftop so they too can take advantage of cleaner, cheaper solar to provide cost-of-living relief.” Quote attributable to Member for Werribee Tim Pallas “By easing upfront costs, this program will allow more residents in Werribee to receive the benefits from solar panels.”  

MORE FREE TAFE COURSES ON OFFER FOR 2024

Four new courses in hospitality, youth work and tourism are now available through the Victorian Government’s Free TAFE initiative giving Victorians more opportunities to learn new skills and grow their careers. Member for Werribee Tim Pallas is encouraging prospective students to look at courses on offer through the Free TAFE initiative, providing Victorians with more access to vocational training. Since the program was introduced in 2019 it has grown to include more than 80 TAFE qualifications and short courses. This has helped more than 156,000 students who have saved almost $423 million in tuition fees since the program began, including more than 90,000 women who have gained new skills to benefit their careers. Free TAFE is benefiting all Victorians, with a quarter of all Free TAFE students based in regional Victoria and more than 44,500 come from multicultural backgrounds. With enrolments now open, students can kick start their careers or upskill to gain new experience or qualifications, across a range of sectors like nursing, building and construction, community services and cyber security. The Free TAFE program is helping Victorians get the skills they need for the job they want, including in growth areas like clean energy, building the state’s future workforce as we transition to net-zero. The Victorian Government is also backing the development of new clean energy skills and courses through the $50 million Clean Energy Fund, including projects at Federation TAFE in Ballarat, TAFE Gippsland in Morwell and South West TAFE in Warrnambool. Free TAFE courses are available to all Victorians, regardless of their existing qualification level, and it’s also possible to do more than one Free TAFE course provided it’s within the same priority pathway. The Victorian Budget 2023/24 invested more than $543 million in TAFE to help more Victorians get the skills they need with more subsidised courses and improved facilities, including funding for new TAFE campuses in Melton and Sunbury so more students can study closer to home. Victoria’s TAFE network is a vital part of our state’s education system, helping students become job-ready faster and providing the skills we need to grow our economy. For the full list of Free TAFE courses visit: vic.gov.au/free-tafe Quote attributable to Member for Werribee Tim Pallas “We know that TAFE is an equal choice to uni- and if you enrol in a Free TAFE course, you can get started in your career without debt.”

MORE FREE TAFE COURSES ON OFFER FOR 2024

Four new courses in hospitality, youth work and tourism are now available through the Victorian Government’s Free TAFE initiative giving Victorians more opportunities to learn new skills and grow their careers. Member for Werribee Tim Pallas is encouraging prospective students to look at courses on offer through the Free TAFE initiative, providing Victorians with more access to vocational training. Since the program was introduced in 2019 it has grown to include more than 80 TAFE qualifications and short courses. This has helped more than 156,000 students who have saved almost $423 million in tuition fees since the program began, including more than 90,000 women who have gained new skills to benefit their careers. Free TAFE is benefiting all Victorians, with a quarter of all Free TAFE students based in regional Victoria and more than 44,500 come from multicultural backgrounds. With enrolments now open, students can kick start their careers or upskill to gain new experience or qualifications, across a range of sectors like nursing, building and construction, community services and cyber security. The Free TAFE program is helping Victorians get the skills they need for the job they want, including in growth areas like clean energy, building the state’s future workforce as we transition to net-zero. The Victorian Government is also backing the development of new clean energy skills and courses through the $50 million Clean Energy Fund, including projects at Federation TAFE in Ballarat, TAFE Gippsland in Morwell and South West TAFE in Warrnambool. Free TAFE courses are available to all Victorians, regardless of their existing qualification level, and it’s also possible to do more than one Free TAFE course provided it’s within the same priority pathway. The Victorian Budget 2023/24 invested more than $543 million in TAFE to help more Victorians get the skills they need with more subsidised courses and improved facilities, including funding for new TAFE campuses in Melton and Sunbury so more students can study closer to home. Victoria’s TAFE network is a vital part of our state’s education system, helping students become job-ready faster and providing the skills we need to grow our economy. For the full list of Free TAFE courses visit: vic.gov.au/free-tafe Quote attributable to Member for Werribee Tim Pallas “We know that TAFE is an equal choice to uni- and if you enrol in a Free TAFE course, you can get started in your career without debt.”

INVESTING IN WERRIBEE WOMEN TO CHANGE THE GAME

The Allan Labor Government is backing more women and girls in Werribee from all backgrounds to get involved in the sport they love. Member for Werribee Tim Pallas announced applications for the 2023-24 Change Our Game Community Activation Grants program have opened. Grants of up to $10,000 are available to support community sport and recreation clubs or organisations to increase participation, build capability, promote gender equity and support the professional development of women volunteering and working in community sport. In this round of the program there’s also a strong focus on supporting club or organisation initiatives that encourage the equitable inclusion of women and girls from all backgrounds and experiences. The program is part of the Government’s Change Our Game initiative, working to play sport more accessible, increasing local participation and providing opportunities for all Victorians to be leaders in their local sporting community. Now in its seventh year, the Change Our Game Community Activation Grants program has provided more than $2.2 million towards 461 grants that have benefitted community sport and active recreation clubs and organisations across the state. Together with the Fair Access Policy, launched by the Labor Government in August 2022, Change Our Game Community Activation Grants provides a great opportunity for clubs and organisations to extend equitable access to, and use of, community sports infrastructure, and build participants’ skills and knowledge. These grants are part of the Government’s $18.8 million investment in the Office for Women in Sport and Recreation and the Change Our Game initiative since 2016. Applications for this program close at 5pm AEDT, Monday 4 March 2024. For more information about Change Our Game programs visit changeourgame.vic.gov.au. Quote attributable to Minister for Community Sport Ros Spence “This program is a fantastic opportunity for community sport and recreation clubs to take a positive step towards making community sport more accessible and inclusive for everyone.” Quotes attributable to Member for Werribee Tim Pallas “The Change Our Game Community Activation Grants program is a fantastic opportunity for our Werribee      community sport and active recreation clubs to showcase the important roles women and girls play and deserve. I encourage all eligible organisations to consider applying.”

INVESTING IN WERRIBEE WOMEN TO CHANGE THE GAME

The Allan Labor Government is backing more women and girls in Werribee from all backgrounds to get involved in the sport they love. Member for Werribee Tim Pallas announced applications for the 2023-24 Change Our Game Community Activation Grants program have opened. Grants of up to $10,000 are available to support community sport and recreation clubs or organisations to increase participation, build capability, promote gender equity and support the professional development of women volunteering and working in community sport. In this round of the program there’s also a strong focus on supporting club or organisation initiatives that encourage the equitable inclusion of women and girls from all backgrounds and experiences. The program is part of the Government’s Change Our Game initiative, working to play sport more accessible, increasing local participation and providing opportunities for all Victorians to be leaders in their local sporting community. Now in its seventh year, the Change Our Game Community Activation Grants program has provided more than $2.2 million towards 461 grants that have benefitted community sport and active recreation clubs and organisations across the state. Together with the Fair Access Policy, launched by the Labor Government in August 2022, Change Our Game Community Activation Grants provides a great opportunity for clubs and organisations to extend equitable access to, and use of, community sports infrastructure, and build participants’ skills and knowledge. These grants are part of the Government’s $18.8 million investment in the Office for Women in Sport and Recreation and the Change Our Game initiative since 2016. Applications for this program close at 5pm AEDT, Monday 4 March 2024. For more information about Change Our Game programs visit changeourgame.vic.gov.au. Quote attributable to Minister for Community Sport Ros Spence “This program is a fantastic opportunity for community sport and recreation clubs to take a positive step towards making community sport more accessible and inclusive for everyone.” Quotes attributable to Member for Werribee Tim Pallas “The Change Our Game Community Activation Grants program is a fantastic opportunity for our Werribee      community sport and active recreation clubs to showcase the important roles women and girls play and deserve. I encourage all eligible organisations to consider applying.”

MORE FUNDING TO PROTECT WYNDHAM’S WATERWAYS AND WILDLIFE

The Allan Labor Government is helping to improve habitats for native wildlife across Victoria’s iconic urban rivers and creeks through new funding boost for environmental restoration projects. Minister for Water Harriet Shing announced the first round of successful grants through the $10 million Green Links Grant Program, which will support local projects along Victoria’s urban waterways to deliver up to 300 hectares of revegetated land for communities to enjoy and wildlife to thrive. Victoria’s waterways are home to more than 1,800 species of native plants and 600 species of native animals – and revegetation projects like this are essential to waterway and their parkland corridors. Community groups, water or land managers, Traditional Owners and local councils received up to $200,000 for small projects and up to $2 million for large-scale projects. This included $152,796 from the Green Links Fund to support the Werribee River Association deliver their project 'Restoring Werribee River Park' right here in Wyndham, providing our community with more green spaces to enjoy nature. As well as $114,408 from the Green Links Fund to support Wyndham City Council in fast-tracking revegetation works on Tarneet Islands on Werribee River, Werribee. The Green Links Program also provided vital funding to waterways included in the Waterways of the West Action Plan, the Rivers of the Barwon (Barre Warre Yulluk) Action Plan and Burndap Birrarung burndap umarkoo – the Yarra Strategic Plan. Victoria’s urban waterways – including the Yarra, Maribyrnong, Werribee, Barwon, and the many tributaries in their catchment areas – hold significant social, cultural, environmental, and economic value to Traditional Owners and community. This program will bring together community groups, Traditional Owners and councils to ensure the management of waterways and their lands realises the cultural values of Traditional Owners and community aspirations. The Labor Government is investing $10 million over three years into the grant program. This complements the more than $300 million invested over four years to improve the health of waterways and catchments across regional Victoria and Melbourne – building on a further $224 million towards enhancing in regional waterways, For more information on the Green Links Grants Program and future funding opportunities, visit https://www.water.vic.gov.au/grants/green-links-grants.             Quote attributable to Member for Werribee Tim Pallas “The Werribee River is a cherished biodiversity corridor, and these grants will help ensure local ecosystems remain healthy and resilient as our climate changes and our population grows.” Quote attributable to Member for Point Cook Mathew Hilakari “These grants will support these crucial local projects to boost the liveability and improve the condition and long-term health of the rivers and surrounding parks.”

MORE FUNDING TO PROTECT WYNDHAM’S WATERWAYS AND WILDLIFE

The Allan Labor Government is helping to improve habitats for native wildlife across Victoria’s iconic urban rivers and creeks through new funding boost for environmental restoration projects. Minister for Water Harriet Shing announced the first round of successful grants through the $10 million Green Links Grant Program, which will support local projects along Victoria’s urban waterways to deliver up to 300 hectares of revegetated land for communities to enjoy and wildlife to thrive. Victoria’s waterways are home to more than 1,800 species of native plants and 600 species of native animals – and revegetation projects like this are essential to waterway and their parkland corridors. Community groups, water or land managers, Traditional Owners and local councils received up to $200,000 for small projects and up to $2 million for large-scale projects. This included $152,796 from the Green Links Fund to support the Werribee River Association deliver their project 'Restoring Werribee River Park' right here in Wyndham, providing our community with more green spaces to enjoy nature. As well as $114,408 from the Green Links Fund to support Wyndham City Council in fast-tracking revegetation works on Tarneet Islands on Werribee River, Werribee. The Green Links Program also provided vital funding to waterways included in the Waterways of the West Action Plan, the Rivers of the Barwon (Barre Warre Yulluk) Action Plan and Burndap Birrarung burndap umarkoo – the Yarra Strategic Plan. Victoria’s urban waterways – including the Yarra, Maribyrnong, Werribee, Barwon, and the many tributaries in their catchment areas – hold significant social, cultural, environmental, and economic value to Traditional Owners and community. This program will bring together community groups, Traditional Owners and councils to ensure the management of waterways and their lands realises the cultural values of Traditional Owners and community aspirations. The Labor Government is investing $10 million over three years into the grant program. This complements the more than $300 million invested over four years to improve the health of waterways and catchments across regional Victoria and Melbourne – building on a further $224 million towards enhancing in regional waterways, For more information on the Green Links Grants Program and future funding opportunities, visit https://www.water.vic.gov.au/grants/green-links-grants.             Quote attributable to Member for Werribee Tim Pallas “The Werribee River is a cherished biodiversity corridor, and these grants will help ensure local ecosystems remain healthy and resilient as our climate changes and our population grows.” Quote attributable to Member for Point Cook Mathew Hilakari “These grants will support these crucial local projects to boost the liveability and improve the condition and long-term health of the rivers and surrounding parks.”

MINISTERS STATEMENTS: ECONOMY

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (14:25): I am pleased to update the house on the true state of business creation in the state of Victoria. We all saw earlier this week data that was presented from that pseudo think tank the Institute of Public Affairs with cherrypicked figures that claimed that business growth was down. Nothing could be further from the truth. In fact you would have to be a statistically challenged dullard to believe it. The fact is that over the past four years more than 107,000 new businesses have been created in Victoria, more than any other state – in fact more than Queensland, Western Australia, South Australia and Tasmania combined. 165,000 businesses have been created since this government came to office.   Members interjecting.     Tim PALLAS: 165,000 is six times more, year on year, every year that we have been in government compared to the number of businesses created when those economic geniuses who cannot even read statistics were last in government.   When you look at the fact that our startup sector has grown from $5.8 billion in 2016 to $103 billion today, it stands to reason – with 750,000 new jobs over the past decade – that businesses continue to grow and they continue to employ, and Victorians are benefiting. That is why we have the lowest unemployment level in the nation. How do people get employed? Well, businesses employ them. I think we can safely assume that the lion’s share of employment is being done by businesses that are growing at record levels, six times faster than those opposite.

MINISTERS STATEMENTS: ECONOMY

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (14:25): I am pleased to update the house on the true state of business creation in the state of Victoria. We all saw earlier this week data that was presented from that pseudo think tank the Institute of Public Affairs with cherrypicked figures that claimed that business growth was down. Nothing could be further from the truth. In fact you would have to be a statistically challenged dullard to believe it. The fact is that over the past four years more than 107,000 new businesses have been created in Victoria, more than any other state – in fact more than Queensland, Western Australia, South Australia and Tasmania combined. 165,000 businesses have been created since this government came to office.   Members interjecting.     Tim PALLAS: 165,000 is six times more, year on year, every year that we have been in government compared to the number of businesses created when those economic geniuses who cannot even read statistics were last in government.   When you look at the fact that our startup sector has grown from $5.8 billion in 2016 to $103 billion today, it stands to reason – with 750,000 new jobs over the past decade – that businesses continue to grow and they continue to employ, and Victorians are benefiting. That is why we have the lowest unemployment level in the nation. How do people get employed? Well, businesses employ them. I think we can safely assume that the lion’s share of employment is being done by businesses that are growing at record levels, six times faster than those opposite.

MEMBERS STATEMENT: KRUSHNADEVSINH RAVALJI

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (09:45): I also want to briefly just mention and congratulate Kano Ravalji, who has received an award recognising him for his contributions to the local community and has led youth empowerment in Wyndham.

MEMBERS STATEMENT: KRUSHNADEVSINH RAVALJI

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (09:45): I also want to briefly just mention and congratulate Kano Ravalji, who has received an award recognising him for his contributions to the local community and has led youth empowerment in Wyndham.

Members Statement: WERRIBEE ELECTORATE SCHOOLS

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (09:43): I rise to update the house on three new schools that have recently opened in my electorate. In our rapidly growing community access to education is vital. That is why the Allan Labor government invested more than $500 million in the 2022–23 state budget for the construction of new schools right across our great state. I congratulate Nganboo Borron School, Walcom Ngarrwa Secondary College and Laa Yulta Primary School on their recent opening. Of course more schools mean more local kids have more access to quality education in their immediate community. All these schools are equipped with modern learning areas, air conditioning and heating and outside shade sails for sun protection. I want to congratulate the principals respectively: Michele Marcu, Brad Moyle and Mark Zahra. I look forward to meeting with them all in due course.   As a result of the Allan Labor government’s investment, 50 per cent of all new schools opening this year are in the Wyndham LGA. These new schools highlight the needs of our growing youth community, and I wish all the students at these schools all the very best as they start or continue their education journey.

Members Statement: WERRIBEE ELECTORATE SCHOOLS

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (09:43): I rise to update the house on three new schools that have recently opened in my electorate. In our rapidly growing community access to education is vital. That is why the Allan Labor government invested more than $500 million in the 2022–23 state budget for the construction of new schools right across our great state. I congratulate Nganboo Borron School, Walcom Ngarrwa Secondary College and Laa Yulta Primary School on their recent opening. Of course more schools mean more local kids have more access to quality education in their immediate community. All these schools are equipped with modern learning areas, air conditioning and heating and outside shade sails for sun protection. I want to congratulate the principals respectively: Michele Marcu, Brad Moyle and Mark Zahra. I look forward to meeting with them all in due course.   As a result of the Allan Labor government’s investment, 50 per cent of all new schools opening this year are in the Wyndham LGA. These new schools highlight the needs of our growing youth community, and I wish all the students at these schools all the very best as they start or continue their education journey.

WERRIBEE KIDS TO EMBRACE NATURE WITH EXPANDED BUSH KINDERS

Children in Werribee will have the chance to learn and play in the great outdoors, thanks to an expansion of bush kinder programs by the Allan Labor Government. Member for Werribee announced Sparrow Early Learning Manor Lakes will receive a one-off grant of $6000 to offer a bush kinder program in 2024. Bush kinder programs are delivered outdoors at places including parks, bushland and beaches - giving children a unique opportunity and freedom to learn through play with natural materials in outdoors. The programs are educational and exciting – with a significant positive impact on a child’s development, as well as on their physical and mental health and wellbeing. The $6000 grants will help kindergartens buy the equipment they need to run programs that focus on getting outside, playing with natural materials, and learning through activities such as climbing trees and watching wildlife. Kindergartens without access to a suitable off-site location can use their grant funding to enhance the biodiversity of their existing outdoor environment. The Labor Government is investing $3.6 million over four years to expand bush kinder programs in up to 600 kindergarten services across Victoria. Through our nation-leading $14 billion Best Start, Best Life reforms over the next decade, the Labor Government is transforming kindergartens to give every Victorian child the best start to life, save families time and money, and support parents to return to work or study if they choose. The 2024 expansion will see new bush kinder programs established in 52 local government areas, including 25 regional locations. Of the 150 kinders receiving one-off grants, 100 are in Melbourne. Bush kinder programs funded in this grant round start at the beginning of Term 3, 2024. Applications for the 2025 round of another 150 bush kinder grants will open in the second half of 2024. To find out which kindergartens are receiving a bush kinder grant, visit vic.gov.au/bush-kinder-grants-program. Quotes attributable to Member for Werribee Tim Pallas “We’re supporting Sparrow Early Learning Manor Lakes in Werribee to start bush kinder programs, providing more children with opportunities to get outdoors and learn in a natural environment.” “Bush kinder programs are not just fun and educational, they also help to keep kids active and connect them with nature – boosting their health, wellbeing and development.”

WERRIBEE KIDS TO EMBRACE NATURE WITH EXPANDED BUSH KINDERS

Children in Werribee will have the chance to learn and play in the great outdoors, thanks to an expansion of bush kinder programs by the Allan Labor Government. Member for Werribee announced Sparrow Early Learning Manor Lakes will receive a one-off grant of $6000 to offer a bush kinder program in 2024. Bush kinder programs are delivered outdoors at places including parks, bushland and beaches - giving children a unique opportunity and freedom to learn through play with natural materials in outdoors. The programs are educational and exciting – with a significant positive impact on a child’s development, as well as on their physical and mental health and wellbeing. The $6000 grants will help kindergartens buy the equipment they need to run programs that focus on getting outside, playing with natural materials, and learning through activities such as climbing trees and watching wildlife. Kindergartens without access to a suitable off-site location can use their grant funding to enhance the biodiversity of their existing outdoor environment. The Labor Government is investing $3.6 million over four years to expand bush kinder programs in up to 600 kindergarten services across Victoria. Through our nation-leading $14 billion Best Start, Best Life reforms over the next decade, the Labor Government is transforming kindergartens to give every Victorian child the best start to life, save families time and money, and support parents to return to work or study if they choose. The 2024 expansion will see new bush kinder programs established in 52 local government areas, including 25 regional locations. Of the 150 kinders receiving one-off grants, 100 are in Melbourne. Bush kinder programs funded in this grant round start at the beginning of Term 3, 2024. Applications for the 2025 round of another 150 bush kinder grants will open in the second half of 2024. To find out which kindergartens are receiving a bush kinder grant, visit vic.gov.au/bush-kinder-grants-program. Quotes attributable to Member for Werribee Tim Pallas “We’re supporting Sparrow Early Learning Manor Lakes in Werribee to start bush kinder programs, providing more children with opportunities to get outdoors and learn in a natural environment.” “Bush kinder programs are not just fun and educational, they also help to keep kids active and connect them with nature – boosting their health, wellbeing and development.”

 

MONTH-LONG FESTIVAL TO CELEBRATE YOUNG VICTORIANS

The skills and achievements of Victoria’s young people will be on show right across the state later this year at a month-long festival supported by the Allan Labor Government.   Grants of $2,000 are available for sector organisations, local government, and schools in Werribee to partner with Victorians aged 12 to 25 to create a wide variety of youth-specific events.   Member for Werribee Tim Pallas said funding of $220,000 would be available for up to 110 events that will be designed for and by young Victorians.   Youth Fest kicks off in September, with this investment supporting young people to organise and deliver events, showcase their skills, share ideas, build social connections, and expand their networks.   In 2023, the Youth Fest program funded 111 activities including those focused on art, music, sport and theatre, as well as recreational and community festivals, giving young Victorians the chance to have their voices heard.   Applications are open until 15 March. To apply and to find out more about the grant program, visit https://www.vic.gov.au/youth-fest-grants.   Quotes attributable to Member for Werribee Tim Pallas   “The Allan Labor Government is proud to support this wonderful program, giving the young people of Werribee the opportunity to have their voices heard.”   “Victorian Youth Fest gives the young people in Werribee the chance to forge connections not only with their peers but also their community, as well as to lead positive change.”

MONTH-LONG FESTIVAL TO CELEBRATE YOUNG VICTORIANS

The skills and achievements of Victoria’s young people will be on show right across the state later this year at a month-long festival supported by the Allan Labor Government.   Grants of $2,000 are available for sector organisations, local government, and schools in Werribee to partner with Victorians aged 12 to 25 to create a wide variety of youth-specific events.   Member for Werribee Tim Pallas said funding of $220,000 would be available for up to 110 events that will be designed for and by young Victorians.   Youth Fest kicks off in September, with this investment supporting young people to organise and deliver events, showcase their skills, share ideas, build social connections, and expand their networks.   In 2023, the Youth Fest program funded 111 activities including those focused on art, music, sport and theatre, as well as recreational and community festivals, giving young Victorians the chance to have their voices heard.   Applications are open until 15 March. To apply and to find out more about the grant program, visit https://www.vic.gov.au/youth-fest-grants.   Quotes attributable to Member for Werribee Tim Pallas   “The Allan Labor Government is proud to support this wonderful program, giving the young people of Werribee the opportunity to have their voices heard.”   “Victorian Youth Fest gives the young people in Werribee the chance to forge connections not only with their peers but also their community, as well as to lead positive change.”

MEMBERS STATEMENT: WERRIBEE ELECTORATE ENDEAVOUR AWARDS

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (09:44): I rise to refer to my annual Endeavour Awards and recognise the student recipients who graduated in 2023. The Endeavour Awards are an opportunity for me as the local member to acknowledge those students in my electorate who have endeavoured to always do their best or who have demonstrated significant growth in their attitude and approach to their learning. These awards showcase more than just educational achievement; they are about the students’ character, their service to the community and those who always strive to do their best.   Each local school was asked to nominate a graduating student from year 6 and year 12. The year 12 recipients and their guests were welcomed to a morning tea that I hosted in December here at Parliament. Last year’s Endeavour Awards recipients include Basit Daif from Manor Lakes P–12 College, Finn Merryfull from Werribee Secondary College, Ellie Monk from Wyndham Central College and Zichen Ma from Heathdale Christian College. I want to thank all the recipients for joining me in Parliament House to celebrate their achievements and their nominations by their school communities to receive my awards. I wish them all the best for their future ambitions.   It is a pleasure and a privilege to acknowledge our young leaders of tomorrow and to embrace and encourage their aspirations for the future. I have no doubt in my mind that they will all go far.

MEMBERS STATEMENT: WERRIBEE ELECTORATE ENDEAVOUR AWARDS

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (09:44): I rise to refer to my annual Endeavour Awards and recognise the student recipients who graduated in 2023. The Endeavour Awards are an opportunity for me as the local member to acknowledge those students in my electorate who have endeavoured to always do their best or who have demonstrated significant growth in their attitude and approach to their learning. These awards showcase more than just educational achievement; they are about the students’ character, their service to the community and those who always strive to do their best.   Each local school was asked to nominate a graduating student from year 6 and year 12. The year 12 recipients and their guests were welcomed to a morning tea that I hosted in December here at Parliament. Last year’s Endeavour Awards recipients include Basit Daif from Manor Lakes P–12 College, Finn Merryfull from Werribee Secondary College, Ellie Monk from Wyndham Central College and Zichen Ma from Heathdale Christian College. I want to thank all the recipients for joining me in Parliament House to celebrate their achievements and their nominations by their school communities to receive my awards. I wish them all the best for their future ambitions.   It is a pleasure and a privilege to acknowledge our young leaders of tomorrow and to embrace and encourage their aspirations for the future. I have no doubt in my mind that they will all go far.

MINISTERS STATEMENTS: ECONOMY

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (14:31): I am happy – in fact I am ecstatic, I am euphoric – to update the house on how the Allan Labor government is investing in Victorian families by growing our economic prosperity and creating the jobs of the future. That is right, we are investing in Victorians while those opposite are investing in their defamation lawyers’ Ferraris. Victoria continues to be a star on the global stage. In the 2022–23 financial year our government secured foreign direct investment generating over 2500 jobs, $332 million in wages and $625 million in innovation expenditure. Excitingly, since 2003 Victoria now has more startups than our friends in New South Wales, with 3562 – not in per capita terms, in absolute terms. Think about that: since LaunchVic was established in 2016 the value of Victoria’s entire startup ecosystem has increased almost eighteenfold, from $5.8 billion to its current valuation of $103 billion. This is wealth and prosperity writ large. This is Victorians demonstrating to the world exactly how innovative and entrepreneurial we are. The Allan government is continuing to assist Victorian businesses to trade in global markets. In 2022–‍23 we supported 8000 firms to achieve $704 million in export sales. Deloitte Access Economics recently forecast that Victoria would, to nobody’s surprise, over the next five years lead the nation in economic growth.

MINISTERS STATEMENTS: ECONOMY

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (14:31): I am happy – in fact I am ecstatic, I am euphoric – to update the house on how the Allan Labor government is investing in Victorian families by growing our economic prosperity and creating the jobs of the future. That is right, we are investing in Victorians while those opposite are investing in their defamation lawyers’ Ferraris. Victoria continues to be a star on the global stage. In the 2022–23 financial year our government secured foreign direct investment generating over 2500 jobs, $332 million in wages and $625 million in innovation expenditure. Excitingly, since 2003 Victoria now has more startups than our friends in New South Wales, with 3562 – not in per capita terms, in absolute terms. Think about that: since LaunchVic was established in 2016 the value of Victoria’s entire startup ecosystem has increased almost eighteenfold, from $5.8 billion to its current valuation of $103 billion. This is wealth and prosperity writ large. This is Victorians demonstrating to the world exactly how innovative and entrepreneurial we are. The Allan government is continuing to assist Victorian businesses to trade in global markets. In 2022–‍23 we supported 8000 firms to achieve $704 million in export sales. Deloitte Access Economics recently forecast that Victoria would, to nobody’s surprise, over the next five years lead the nation in economic growth.

Investing In World-First Tech For Vaccine Development

The Allan Labor Government is investing in a world-first Victorian platform to fast-track the development of vaccines and therapeutic treatments by safely testing their effectiveness and side effects. Minister for Economic Growth Tim Pallas today announced the Labor Government’s investment in the RNAte platform developed by the Hudson Institute of Medical Research, based at the Monash Medical Precinct. Hudson Institute’s novel technology can test mRNA/RNA candidate therapeutics and vaccines in pre-clinical and clinical stages of development to predict their efficacy and potential inflammatory side effects, creating the opportunity to fast-track treatment for emerging or existing diseases. In addition to protecting against future pandemics and diseases, investing in the RNAte platform provides security for the development of treatments in Australia, strengthening the Victorian mRNA manufacturing sector which will soon be the only place in the Southern Hemisphere making mRNA vaccines. The RNAte platform will also establish a unique and critical capability in Victoria’s mRNA/RNA industry that will attract international biotech customers, boosting sector growth and solidifying the state’s status as a key player in the global mRNA ecosystem. The investment is part of the Labor Government’s commitment to boost the economy by driving innovation and securing our supply chains. The new investment follows the Government’s recent announcement that global biotechnology giant BioNTech will be establishing a new research and clinical scale manufacturing facility in Melbourne, supporting the development of next-generation mRNA treatments and vaccines. With Moderna already building a major manufacturing and research hub in Victoria, the state will soon become the only place in the world where both mRNA leaders host R&D and manufacturing operations. Quotes attributable to Minister for Economic Growth Tim Pallas “Our investment will see effective vaccines developed faster and manufactured right here in Victoria. It’s part of our drive to innovate and grow high-value industries and jobs.” “This is world-leading technology shows we are a leading destination for biotechnology investment, research and talent, and ensures we remain at the forefront of mRNA innovation.” Quote attributable to Minister for Medical Research Ben Carroll “Victoria’s medical researchers are changing and saving lives – and we’re proud to back them in their vital work.” Quote attributable to Hudson Institute of Medical Research CEO and Director Professor Elizabeth Hartland "We thank the Victorian Government for its financial contribution to this world-leading project. The RNAte Platform will accelerate the development of new vaccines or therapeutics in Victoria and the region.”

Investing In World-First Tech For Vaccine Development

The Allan Labor Government is investing in a world-first Victorian platform to fast-track the development of vaccines and therapeutic treatments by safely testing their effectiveness and side effects. Minister for Economic Growth Tim Pallas today announced the Labor Government’s investment in the RNAte platform developed by the Hudson Institute of Medical Research, based at the Monash Medical Precinct. Hudson Institute’s novel technology can test mRNA/RNA candidate therapeutics and vaccines in pre-clinical and clinical stages of development to predict their efficacy and potential inflammatory side effects, creating the opportunity to fast-track treatment for emerging or existing diseases. In addition to protecting against future pandemics and diseases, investing in the RNAte platform provides security for the development of treatments in Australia, strengthening the Victorian mRNA manufacturing sector which will soon be the only place in the Southern Hemisphere making mRNA vaccines. The RNAte platform will also establish a unique and critical capability in Victoria’s mRNA/RNA industry that will attract international biotech customers, boosting sector growth and solidifying the state’s status as a key player in the global mRNA ecosystem. The investment is part of the Labor Government’s commitment to boost the economy by driving innovation and securing our supply chains. The new investment follows the Government’s recent announcement that global biotechnology giant BioNTech will be establishing a new research and clinical scale manufacturing facility in Melbourne, supporting the development of next-generation mRNA treatments and vaccines. With Moderna already building a major manufacturing and research hub in Victoria, the state will soon become the only place in the world where both mRNA leaders host R&D and manufacturing operations. Quotes attributable to Minister for Economic Growth Tim Pallas “Our investment will see effective vaccines developed faster and manufactured right here in Victoria. It’s part of our drive to innovate and grow high-value industries and jobs.” “This is world-leading technology shows we are a leading destination for biotechnology investment, research and talent, and ensures we remain at the forefront of mRNA innovation.” Quote attributable to Minister for Medical Research Ben Carroll “Victoria’s medical researchers are changing and saving lives – and we’re proud to back them in their vital work.” Quote attributable to Hudson Institute of Medical Research CEO and Director Professor Elizabeth Hartland "We thank the Victorian Government for its financial contribution to this world-leading project. The RNAte Platform will accelerate the development of new vaccines or therapeutics in Victoria and the region.”

Deloitte Says Victoria To Lead States In Economic Growth

Victoria will lead all states in economic growth over the next five years, according to forecasts in the Deloitte Access Economics’ Business Outlook report released today. Treasurer Tim Pallas said the report showed the Allan Labor Government’s strategy for sustainable, job-creating growth was working. The report forecast Victoria's growth in gross state product in 2023-24 will be 2.5 per cent, outpacing all states and territories, and Victorian economic growth will lead all states over the five years to 2027-28 at an average annual rate of 2.3 per cent. The forecasts follow recent Australian Bureau of Statistics figures showing Victoria’s economic growth has outpaced NSW, Queensland, Western Australia and Tasmania over the past two years. Victoria’s strong economy has enabled record job creation and employment levels are just shy of the all-time high achieved late last year – 3.68 million in total. Almost 530,000 Victorian jobs have been created since September 2020 when the pandemic economic shock was at its height – the best performance of all the states in both absolute and percentage terms. The labour force participation rate at 67.4 per cent is around a record high, which shows workers have confidence in getting a job. The Deloitte Access Economics report forecasts household consumption to grow by 1.3 per cent  in 2024 in Victoria, outpacing the national forecast of 1.1 per cent. Deloitte Access Economics expects dwelling investment to lift by 5.5 per cent in Victoria this year and noted “dwelling commencements in Victoria increased by 19 per cent in the September 2023 quarter, in sharp contrast to the 10 per cent decline at the national level”. Victoria’s services exports are estimated to have lifted by almost 50 per cent last year, led by the rapid return of international students to Victoria’s higher education sector and supported by a rebound in international tourism. Quotes attributable to Treasurer Tim Pallas “Our economic strategy is growing jobs, keeping local communities strong and encouraging businesses to invest and expand their workforces.” “Victorians are confident about the future and reports like this show that confidence is well placed.”

Deloitte Says Victoria To Lead States In Economic Growth

Victoria will lead all states in economic growth over the next five years, according to forecasts in the Deloitte Access Economics’ Business Outlook report released today. Treasurer Tim Pallas said the report showed the Allan Labor Government’s strategy for sustainable, job-creating growth was working. The report forecast Victoria's growth in gross state product in 2023-24 will be 2.5 per cent, outpacing all states and territories, and Victorian economic growth will lead all states over the five years to 2027-28 at an average annual rate of 2.3 per cent. The forecasts follow recent Australian Bureau of Statistics figures showing Victoria’s economic growth has outpaced NSW, Queensland, Western Australia and Tasmania over the past two years. Victoria’s strong economy has enabled record job creation and employment levels are just shy of the all-time high achieved late last year – 3.68 million in total. Almost 530,000 Victorian jobs have been created since September 2020 when the pandemic economic shock was at its height – the best performance of all the states in both absolute and percentage terms. The labour force participation rate at 67.4 per cent is around a record high, which shows workers have confidence in getting a job. The Deloitte Access Economics report forecasts household consumption to grow by 1.3 per cent  in 2024 in Victoria, outpacing the national forecast of 1.1 per cent. Deloitte Access Economics expects dwelling investment to lift by 5.5 per cent in Victoria this year and noted “dwelling commencements in Victoria increased by 19 per cent in the September 2023 quarter, in sharp contrast to the 10 per cent decline at the national level”. Victoria’s services exports are estimated to have lifted by almost 50 per cent last year, led by the rapid return of international students to Victoria’s higher education sector and supported by a rebound in international tourism. Quotes attributable to Treasurer Tim Pallas “Our economic strategy is growing jobs, keeping local communities strong and encouraging businesses to invest and expand their workforces.” “Victorians are confident about the future and reports like this show that confidence is well placed.”

Shared Equity Fund Helps More Victorians Own A Home

The Allan Labor Government’s Victorian Homebuyer Fund has reached a major milestone, providing $1.1 billion in shared equity contributions to help thousands of people achieve the dream of owning their own home. The $2.1 billion Homebuyer Fund has been progressively boosted since it was launched around two years ago and has now supported more than 7,300 Victorians to secure a home. Two-thirds have been first home buyers. The most recent $500 million injection was part of the Labor Government’s landmark Housing Statement – the generational strategy to expand housing supply and affordability across the state. In the early 2000s, it took the typical Victorian household 3.6 years to save a deposit to buy a home – now it takes an average of 6.2 years. The Homebuyer Fund drastically shrinks up-front costs for families and individuals who might otherwise struggle to get a foothold in the property market. The Fund contributes up to 25 per cent of a participant’s home purchase price and reduces the required deposit to just 5 per cent, helping to avoid the need for buyers to pay costly premiums for lenders mortgage insurance. Homebuyers backed by the scheme would pay only $30,000 for a deposit on a $600,000 property, while the fund would contribute equity of up to $150,000. The median purchase price of Fund participants is $615,000. Preston resident Cassandra Bird bought her apartment for $350,000 last November and moved in a month later. Ms Bird said the backing of the Fund was the difference between her being able to buy or being forced to continue renting indefinitely. It significantly reduced her deposit and interest payments, and removed the need to pay for lenders mortgage insurance on behalf of her credit provider. Homebuyer Fund participants can earn up to $130,485 individually, or $208,775 as a couple, while the maximum purchase price is $950,000 in metropolitan Melbourne and Geelong, and $600,000 elsewhere in regional Victoria. The Government delivers the scheme in partnership with four lenders – Commonwealth Bank, Bendigo Bank, Bank Australia and Indigenous Business Australia. Scheme participants can buy back the Government’s share in their property over time through refinancing, using savings, or upon sale of the property, with proceeds recycled to support new participants. Homebuyer Fund participants are eligible for Victorian first-home-buyer stamp duty exemptions and concessions and First Home Owner Grants of $10,000 – this separate support topped $780 million last financial year. Quotes attributable to Treasurer Tim Pallas “Shared equity is a partnership that is helping thousands of Victorians take the keys to their own home.“ “The Homebuyer Fund has been a success because it makes a real difference, while the very nature of the scheme means the impact on the state’s balance sheet is at worst neutral.” Quotes attributable to Victorian Homebuyer Fund participant Cassandra Bird “The scheme made all the difference for me. I was saving money, but it was a slow process and the shared equity gave me the ability to access the market now.” “I was aware of the scheme but wasn’t sure if I’d qualify, but I’m glad I followed it up. It’s been amazing for me.”

Shared Equity Fund Helps More Victorians Own A Home

The Allan Labor Government’s Victorian Homebuyer Fund has reached a major milestone, providing $1.1 billion in shared equity contributions to help thousands of people achieve the dream of owning their own home. The $2.1 billion Homebuyer Fund has been progressively boosted since it was launched around two years ago and has now supported more than 7,300 Victorians to secure a home. Two-thirds have been first home buyers. The most recent $500 million injection was part of the Labor Government’s landmark Housing Statement – the generational strategy to expand housing supply and affordability across the state. In the early 2000s, it took the typical Victorian household 3.6 years to save a deposit to buy a home – now it takes an average of 6.2 years. The Homebuyer Fund drastically shrinks up-front costs for families and individuals who might otherwise struggle to get a foothold in the property market. The Fund contributes up to 25 per cent of a participant’s home purchase price and reduces the required deposit to just 5 per cent, helping to avoid the need for buyers to pay costly premiums for lenders mortgage insurance. Homebuyers backed by the scheme would pay only $30,000 for a deposit on a $600,000 property, while the fund would contribute equity of up to $150,000. The median purchase price of Fund participants is $615,000. Preston resident Cassandra Bird bought her apartment for $350,000 last November and moved in a month later. Ms Bird said the backing of the Fund was the difference between her being able to buy or being forced to continue renting indefinitely. It significantly reduced her deposit and interest payments, and removed the need to pay for lenders mortgage insurance on behalf of her credit provider. Homebuyer Fund participants can earn up to $130,485 individually, or $208,775 as a couple, while the maximum purchase price is $950,000 in metropolitan Melbourne and Geelong, and $600,000 elsewhere in regional Victoria. The Government delivers the scheme in partnership with four lenders – Commonwealth Bank, Bendigo Bank, Bank Australia and Indigenous Business Australia. Scheme participants can buy back the Government’s share in their property over time through refinancing, using savings, or upon sale of the property, with proceeds recycled to support new participants. Homebuyer Fund participants are eligible for Victorian first-home-buyer stamp duty exemptions and concessions and First Home Owner Grants of $10,000 – this separate support topped $780 million last financial year. Quotes attributable to Treasurer Tim Pallas “Shared equity is a partnership that is helping thousands of Victorians take the keys to their own home.“ “The Homebuyer Fund has been a success because it makes a real difference, while the very nature of the scheme means the impact on the state’s balance sheet is at worst neutral.” Quotes attributable to Victorian Homebuyer Fund participant Cassandra Bird “The scheme made all the difference for me. I was saving money, but it was a slow process and the shared equity gave me the ability to access the market now.” “I was aware of the scheme but wasn’t sure if I’d qualify, but I’m glad I followed it up. It’s been amazing for me.”

Regional Victoria’s Record Jobs Growth Leads Nation

Strong communities and businesses in regional Victoria are driving nation-leading jobs growth, with the state entering the new year bolstered by a new high mark for regional employment. Australian Bureau of Statistics (ABS) labour force figures show an extra 5,600 jobs were created in regional Victoria in December, reflecting a robust economy that is creating opportunities across the board. More than 826,000 people in regional Victoria have the security of a job, an increase of more than 25 per cent since the Labor Government was elected in November 2014. That represents the country’s highest regional jobs growth in that period. Regional unemployment in Victoria sits at 3 per cent, compared with the national regional average of 3.3 per cent. More than 36,000 new jobs have been created in regional Victoria in the past 12 months alone – the comparative figure in New South Wales is less than 20,000 and in South Australia, it’s less than 10,000. Unemployment is very low in many areas of Victoria, according to the ABS data, including Shepperton (1 per cent), Warrnambool and the South West (1.3 per cent), Bendigo (2.5 per cent) and Geelong (2.7 per cent). The state’s overall employment levels are just shy of the record mark achieved late last year – more than 3.68 million jobs in total. The increase in jobs of more than 760,000 since the change of government in November 2014 is the best proportional performance in the country – and the growth of almost 530,000 jobs since the height of the pandemic economic shock in September 2020 is the best result returned by any state in both absolute and percentage terms. ABS figures show Victoria’s economy has grown by a cumulative 9.1 per cent over the past two years – ahead of NSW, Queensland, Western Australia and Tasmania. Independent analysts have highlighted Victoria’s economic leadership and strong prospects – CommSec ranks Victoria as the No.1 state for economic activity. Quotes attributable to Treasurer Tim Pallas “Our jobs growth is strong across the state – it’s an important part of why communities in our cities, towns and rural areas are thriving.” “People want to live and work in Victoria, and businesses want to operate and grow here, and we’ll continue to create more job opportunities for Victorians.”

Regional Victoria’s Record Jobs Growth Leads Nation

Strong communities and businesses in regional Victoria are driving nation-leading jobs growth, with the state entering the new year bolstered by a new high mark for regional employment. Australian Bureau of Statistics (ABS) labour force figures show an extra 5,600 jobs were created in regional Victoria in December, reflecting a robust economy that is creating opportunities across the board. More than 826,000 people in regional Victoria have the security of a job, an increase of more than 25 per cent since the Labor Government was elected in November 2014. That represents the country’s highest regional jobs growth in that period. Regional unemployment in Victoria sits at 3 per cent, compared with the national regional average of 3.3 per cent. More than 36,000 new jobs have been created in regional Victoria in the past 12 months alone – the comparative figure in New South Wales is less than 20,000 and in South Australia, it’s less than 10,000. Unemployment is very low in many areas of Victoria, according to the ABS data, including Shepperton (1 per cent), Warrnambool and the South West (1.3 per cent), Bendigo (2.5 per cent) and Geelong (2.7 per cent). The state’s overall employment levels are just shy of the record mark achieved late last year – more than 3.68 million jobs in total. The increase in jobs of more than 760,000 since the change of government in November 2014 is the best proportional performance in the country – and the growth of almost 530,000 jobs since the height of the pandemic economic shock in September 2020 is the best result returned by any state in both absolute and percentage terms. ABS figures show Victoria’s economy has grown by a cumulative 9.1 per cent over the past two years – ahead of NSW, Queensland, Western Australia and Tasmania. Independent analysts have highlighted Victoria’s economic leadership and strong prospects – CommSec ranks Victoria as the No.1 state for economic activity. Quotes attributable to Treasurer Tim Pallas “Our jobs growth is strong across the state – it’s an important part of why communities in our cities, towns and rural areas are thriving.” “People want to live and work in Victoria, and businesses want to operate and grow here, and we’ll continue to create more job opportunities for Victorians.”

Made In Victoria: A Groundbreaking Peanut Allergy Therapy

The Allan Labor Government’s investment into a local biotechnology firm will bring peanut allergy sufferers around the world one step closer to an innovative new treatment that could save lives. Minister for Economic Growth Tim Pallas today announced Breakthrough Victoria’s $12 million investment into Aravax as part of a $66 million funding round to develop a novel peanut allergy treatment. Aravax is a clinical stage biotechnology company focused on revolutionising food allergy treatment through its product, PVX108. The immunotherapy uses synthetic peptides to mimic key parts of peanut proteins with the potential to retrain the immune system to tolerate peanuts without causing allergic reactions. Early research at Alfred Health and Monash University has developed this unique treatment, requiring a monthly dose rather than a daily dose required by current treatments. These trials are a step forward in bringing cutting-edge healthcare to the more than five million Australians living with food allergies. Aravax has received approval from the U.S Food and Drug Administration (FDA) and Australia’s Therapeutic Goods Administration (TGA) for Phase 2 trials in both countries. Phase 1 clinical trials were successfully completed for adults in Victoria in 2018. Phase 2 trails, which will evaluate the treatment’s effect in children aged 4 to 17, will take place in clinics in Australia and the United States. Health technology is one of the fastest growing sectors in Victoria, generating $3.02 billion in exports and supporting more than 30,000 jobs. Investment into Aravax builds on the Labor Government’s continued support of the health technology industry, which is driven by Breakthrough Victoria and the $20 million Australian Medtech Manufacturing Centre. Quote attributable to Minister for Economic Growth Tim Pallas “This investment is an important step forward in advancing healthcare for millions of Australians with food allergies and introducing life-changing health technology to the world.” Quote attributable to Aravax CEO Pascal Hickey “Victoria is home to world-class scientific research institutions. It’s exciting to receive the local support, global recognition and this investment Aravax needs to expand clinical trials in Victoria and the United States.” Quote attributable to Breakthrough Victoria CEO Grant Dooley  “We’re excited to invest in Aravax. Victoria’s biotech sector really is world class. This therapy, developed right here in Victoria, has the potential to change the lives of peanut allergy suffers across the world.”

Made In Victoria: A Groundbreaking Peanut Allergy Therapy

The Allan Labor Government’s investment into a local biotechnology firm will bring peanut allergy sufferers around the world one step closer to an innovative new treatment that could save lives. Minister for Economic Growth Tim Pallas today announced Breakthrough Victoria’s $12 million investment into Aravax as part of a $66 million funding round to develop a novel peanut allergy treatment. Aravax is a clinical stage biotechnology company focused on revolutionising food allergy treatment through its product, PVX108. The immunotherapy uses synthetic peptides to mimic key parts of peanut proteins with the potential to retrain the immune system to tolerate peanuts without causing allergic reactions. Early research at Alfred Health and Monash University has developed this unique treatment, requiring a monthly dose rather than a daily dose required by current treatments. These trials are a step forward in bringing cutting-edge healthcare to the more than five million Australians living with food allergies. Aravax has received approval from the U.S Food and Drug Administration (FDA) and Australia’s Therapeutic Goods Administration (TGA) for Phase 2 trials in both countries. Phase 1 clinical trials were successfully completed for adults in Victoria in 2018. Phase 2 trails, which will evaluate the treatment’s effect in children aged 4 to 17, will take place in clinics in Australia and the United States. Health technology is one of the fastest growing sectors in Victoria, generating $3.02 billion in exports and supporting more than 30,000 jobs. Investment into Aravax builds on the Labor Government’s continued support of the health technology industry, which is driven by Breakthrough Victoria and the $20 million Australian Medtech Manufacturing Centre. Quote attributable to Minister for Economic Growth Tim Pallas “This investment is an important step forward in advancing healthcare for millions of Australians with food allergies and introducing life-changing health technology to the world.” Quote attributable to Aravax CEO Pascal Hickey “Victoria is home to world-class scientific research institutions. It’s exciting to receive the local support, global recognition and this investment Aravax needs to expand clinical trials in Victoria and the United States.” Quote attributable to Breakthrough Victoria CEO Grant Dooley  “We’re excited to invest in Aravax. Victoria’s biotech sector really is world class. This therapy, developed right here in Victoria, has the potential to change the lives of peanut allergy suffers across the world.”