Tim Pallas MP

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  • $1.8 Billion Western Roads Package to Transform Suburban Roads

    Local residents and commuters in Wyndham will benefit from a huge package of 8 key road upgrade, including work on the Duncans Road Interchange, and 750 lane-kilometres of maintenance works that will cut travel times, improve road safety and better connect communities in this key growth corridor.

  • More Train Services for the Werribee Line

    The Andrews Labor Government will add 10 new Werribee line train services in the peak, every week – to get people in Melbourne’s west home safer and sooner. The 10 new Werribee peak services build on the 10 new peak services added in 2015, and this year’s budget funded eight new off-peak services which will start next year.

  • West Gate Tunnel Project

    The West Gate Tunnel Project will provide a second river crossing, 4 additional lanes on the West Gate Freeway and more reliable trips into the city. It will slash congestion and reduce travel times - getting you home sooner and safer. It will also create 5,600 new jobs and provide an $11 billion boost to our economy.

  • Melbourne Metro Rail Project

    The Melbourne Metro Rail Project will deliver nine-kilometres worth of tunnel, five new underground railway stations and the rail the best city in the world deserves. This will revolutionise the way we use Melbourne's rail network.

  • Werribee Electorate

    Information about the local electorate of Werribee which takes in a diverse range of communities and locales.

  • $1.8 Billion Western Roads Package to Transform Suburban Roads

    Local residents and commuters in Wyndham will benefit from a huge package of 8 key road upgrade, including work on the Duncans Road Interchange, and 750 lane-kilometres of maintenance works that will cut travel times, improve road safety and better connect communities in this key growth corridor.

Media Centre

272,000 New Jobs And Counting

Three times the number of jobs have been created in Victoria under the Andrews Labor Government compared to the entire term of the previous Coalition Government, Australian Bureau of Statistic (ABS) data confirmed today. Since November 2014, Victoria’s employment has increased by 272,600 people or 9.4 per cent, the highest growth in Australia in both percentage and absolute terms. Of these jobs, 178,000 are full time. During the previous Coalition Government’s term, only 94,000 jobs were created including just 26,000 full-time ones. Over the year to August 2017, Victoria’s employment rose by 95,500 people (+3.1 per cent), again the largest increase in absolute terms of all the states. During August alone, Victoria’s employment rose by 18,600 people, almost a third of all the jobs created across the nation. Victoria’s participation rate also increased to 66.3 per cent in August 2017, setting a new high. The participation rate is a direct reflection of confidence in the labour market as more people enter the market, optimistic about their job prospects. Over the year to August, Victoria’s 95,500 new jobs were driven by both full-time (66,800 persons or +3.2 per cent) and part-time employment growth (28,600 persons or +2.9 per cent). Victoria’s female participation rate has also continued to increase over the year (1.8 percentage points to August) to reach a new record high of 60.7 per cent. Quotes attributable to Treasurer Tim Pallas “Since the election of the Labor Government, Victoria has bucked the national trend on jobs, thanks to our strong investments in infrastructure, whether it’s the Metro Tunnel or the removal of dangerous level crossings.” “More jobs for Victorians means more money in people’s pockets and less people out of work. This is about putting people first and ensuring that we are working hard to create the jobs and infrastructure needed.”

272,000 New Jobs And Counting

Three times the number of jobs have been created in Victoria under the Andrews Labor Government compared to the entire term of the previous Coalition Government, Australian Bureau of Statistic (ABS) data confirmed today. Since November 2014, Victoria’s employment has increased by 272,600 people or 9.4 per cent, the highest growth in Australia in both percentage and absolute terms. Of these jobs, 178,000 are full time. During the previous Coalition Government’s term, only 94,000 jobs were created including just 26,000 full-time ones. Over the year to August 2017, Victoria’s employment rose by 95,500 people (+3.1 per cent), again the largest increase in absolute terms of all the states. During August alone, Victoria’s employment rose by 18,600 people, almost a third of all the jobs created across the nation. Victoria’s participation rate also increased to 66.3 per cent in August 2017, setting a new high. The participation rate is a direct reflection of confidence in the labour market as more people enter the market, optimistic about their job prospects. Over the year to August, Victoria’s 95,500 new jobs were driven by both full-time (66,800 persons or +3.2 per cent) and part-time employment growth (28,600 persons or +2.9 per cent). Victoria’s female participation rate has also continued to increase over the year (1.8 percentage points to August) to reach a new record high of 60.7 per cent. Quotes attributable to Treasurer Tim Pallas “Since the election of the Labor Government, Victoria has bucked the national trend on jobs, thanks to our strong investments in infrastructure, whether it’s the Metro Tunnel or the removal of dangerous level crossings.” “More jobs for Victorians means more money in people’s pockets and less people out of work. This is about putting people first and ensuring that we are working hard to create the jobs and infrastructure needed.”

Victorian Consumer Sentiment Highest In Australia

Victoria’s consumer sentiment is the highest in the country, as the state’s economy continues to go from strength to strength. The Westpac-Melbourne Institute report has found that the consumer sentiment index has risen 4.2 per cent in September, with Victoria now at 105.7, the highest of all the mainland states. This reflects the state’s strong jobs growth that has created more than a quarter of a million jobs since November 2014 – more than any other state, with more than half these jobs full time. Victoria is the only state sitting in positive territory in the index, with all other mainland states recording index readings below 100. This time last week, data from the Australian Bureau of Statistics also showed Victorian state final demand was the strongest of all the states and almost double the national average. While Victoria forges ahead, Australia’s overall consumer sentiment still sits in negative territory at 97.9. Westpac states this is due to increased pressures on family finances, concerns around interest rates and housing affordability as well as rising energy prices all weighing on confidence but partially offset by the boost from an improved outlook for jobs. The Westpac-Melbourne Institute report is a measure of how confident consumers are in their personal finances and the economy. Quotes attributable to Treasurer Tim Pallas “Victorians are confident about their finances and rightly so – as our economy grows faster than the rest of the nation, and we create more jobs than any other state.” “With strong economic growth and big investments in roads, rail, housing, health and education, Victorians are getting every chance to share in our growing prosperity, a notable difference to the four-do-nothing years of the previous Liberal Government.”

Victorian Consumer Sentiment Highest In Australia

Victoria’s consumer sentiment is the highest in the country, as the state’s economy continues to go from strength to strength. The Westpac-Melbourne Institute report has found that the consumer sentiment index has risen 4.2 per cent in September, with Victoria now at 105.7, the highest of all the mainland states. This reflects the state’s strong jobs growth that has created more than a quarter of a million jobs since November 2014 – more than any other state, with more than half these jobs full time. Victoria is the only state sitting in positive territory in the index, with all other mainland states recording index readings below 100. This time last week, data from the Australian Bureau of Statistics also showed Victorian state final demand was the strongest of all the states and almost double the national average. While Victoria forges ahead, Australia’s overall consumer sentiment still sits in negative territory at 97.9. Westpac states this is due to increased pressures on family finances, concerns around interest rates and housing affordability as well as rising energy prices all weighing on confidence but partially offset by the boost from an improved outlook for jobs. The Westpac-Melbourne Institute report is a measure of how confident consumers are in their personal finances and the economy. Quotes attributable to Treasurer Tim Pallas “Victorians are confident about their finances and rightly so – as our economy grows faster than the rest of the nation, and we create more jobs than any other state.” “With strong economic growth and big investments in roads, rail, housing, health and education, Victorians are getting every chance to share in our growing prosperity, a notable difference to the four-do-nothing years of the previous Liberal Government.”

Cutting Taxes And Growing Jobs For Regional Victoria

Thousands of Victorian businesses are benefitting from payroll tax cuts, with regional businesses in particular the big winners, the Treasurer Tim Pallas said today. Visiting Keppel Prince Engineering Pty Ltd in Portland to discuss the benefits of the payroll tax cut for regional businesses as outlined in the 2017/18 Victorian Budget, the Treasurer said the tax cut was a boost for jobs and great for local regional economies. From 1 July, the payroll tax-free threshold right across the state increased to $625,000, and from 1 July 2018 will rise to $650,000, which will save about 38,000 Victorian businesses up to $48 million. In regional Victoria, the payroll tax rate has also been slashed by 25 per cent – from 4.85 per cent to 3.65 per cent – benefiting about 4,000 businesses. This is a massive boost for regional businesses looking to expand their operations, and yet another huge boost for regional Victorian jobs growth, which is already the fastest in the nation. Regional Victoria now has one of the most competitive payroll tax rates in Australia. Quotes attributable to Treasurer Tim Pallas “The Andrews Labor Government has cut payroll tax two years in a row to help businesses right across Victoria grow, helping create thousands of jobs for Victorians.” “As a result of the 2017/18 Victorian Budget, regional businesses in Victoria now have some of the lowest tax rates in the country, which is great for local communities, boosting local economies and creating local jobs.”

Cutting Taxes And Growing Jobs For Regional Victoria

Thousands of Victorian businesses are benefitting from payroll tax cuts, with regional businesses in particular the big winners, the Treasurer Tim Pallas said today. Visiting Keppel Prince Engineering Pty Ltd in Portland to discuss the benefits of the payroll tax cut for regional businesses as outlined in the 2017/18 Victorian Budget, the Treasurer said the tax cut was a boost for jobs and great for local regional economies. From 1 July, the payroll tax-free threshold right across the state increased to $625,000, and from 1 July 2018 will rise to $650,000, which will save about 38,000 Victorian businesses up to $48 million. In regional Victoria, the payroll tax rate has also been slashed by 25 per cent – from 4.85 per cent to 3.65 per cent – benefiting about 4,000 businesses. This is a massive boost for regional businesses looking to expand their operations, and yet another huge boost for regional Victorian jobs growth, which is already the fastest in the nation. Regional Victoria now has one of the most competitive payroll tax rates in Australia. Quotes attributable to Treasurer Tim Pallas “The Andrews Labor Government has cut payroll tax two years in a row to help businesses right across Victoria grow, helping create thousands of jobs for Victorians.” “As a result of the 2017/18 Victorian Budget, regional businesses in Victoria now have some of the lowest tax rates in the country, which is great for local communities, boosting local economies and creating local jobs.”

Making Housing More Affordable For Victorians

First home buyers across regional Victoria are benefitting from stamp duty relief and the doubling of the First Home Owner Grant (FHOG), which came into effect on 1 July. Talking at a business forum in Portland, the Treasurer Tim Pallas said that the grant, which increased from $10,000 to $20,000 is expected to help up to 6,000 first home buyers and is already having a positive impact on local construction activity in regional Victoria. The changes from the Andrews Labor Government are making it easier for young people in regional Victoria to build and live in their own community, as well as boosting local construction jobs and development. The increased grant will be available to first home buyers building new homes valued up to $750,000, and is an additional $50 million investment in regional Victoria over the next three years. At the same time, the Labor Government is working to make sure people in regional Victoria have the same opportunities as those in metropolitan Melbourne, with the last three budgets delivering the highest regional infrastructure investment on record. That includes investing in more reliable and frequent public transport, safer roads, better schools and hospitals and creating more local jobs. The grant will be applicable to contracts signed from 1 July 2017 to 30 June 2020, at which time the Government will review the benefits for first home buyers and businesses in regional Victoria. As part of its Homes for Victorians package, the Labor Government also abolished stamp duty for all first home buyers purchasing up to $600,000 and with stamp duty cuts on homes up to $750,000. The exemption and concession will apply to both new and established homes, in a move that is expected to help 25,000 Victorians find their first home. These changes are part of the Labor Government’s plan to help more Victorians break into the housing market. Quotes attributable to Treasurer Tim Pallas “We made these changes to make it easier for young people in regional Victoria to buy and live in their community. While the Federal Government talks about housing affordability, this is what real action looks like.” “Importantly, we’re not making these changes in isolation. As our regional communities grow, we’re also investing in public transport, local roads, and the schools and hospitals they need.” Quotes attributable to Forever Homes Managing Director, Michael Hein “It’s only a few months in but we’re already seeing a notable increase in interest in the construction of new homes, which is great for local businesses and great for local jobs.” “The doubling of the First Home Owners Grant will help stimulate some consistent longer term growth in our area. It is a smart move by the Government, and gives more of the younger generation an opportunity to build, with a flow on effect for everyone involved.”

Making Housing More Affordable For Victorians

First home buyers across regional Victoria are benefitting from stamp duty relief and the doubling of the First Home Owner Grant (FHOG), which came into effect on 1 July. Talking at a business forum in Portland, the Treasurer Tim Pallas said that the grant, which increased from $10,000 to $20,000 is expected to help up to 6,000 first home buyers and is already having a positive impact on local construction activity in regional Victoria. The changes from the Andrews Labor Government are making it easier for young people in regional Victoria to build and live in their own community, as well as boosting local construction jobs and development. The increased grant will be available to first home buyers building new homes valued up to $750,000, and is an additional $50 million investment in regional Victoria over the next three years. At the same time, the Labor Government is working to make sure people in regional Victoria have the same opportunities as those in metropolitan Melbourne, with the last three budgets delivering the highest regional infrastructure investment on record. That includes investing in more reliable and frequent public transport, safer roads, better schools and hospitals and creating more local jobs. The grant will be applicable to contracts signed from 1 July 2017 to 30 June 2020, at which time the Government will review the benefits for first home buyers and businesses in regional Victoria. As part of its Homes for Victorians package, the Labor Government also abolished stamp duty for all first home buyers purchasing up to $600,000 and with stamp duty cuts on homes up to $750,000. The exemption and concession will apply to both new and established homes, in a move that is expected to help 25,000 Victorians find their first home. These changes are part of the Labor Government’s plan to help more Victorians break into the housing market. Quotes attributable to Treasurer Tim Pallas “We made these changes to make it easier for young people in regional Victoria to buy and live in their community. While the Federal Government talks about housing affordability, this is what real action looks like.” “Importantly, we’re not making these changes in isolation. As our regional communities grow, we’re also investing in public transport, local roads, and the schools and hospitals they need.” Quotes attributable to Forever Homes Managing Director, Michael Hein “It’s only a few months in but we’re already seeing a notable increase in interest in the construction of new homes, which is great for local businesses and great for local jobs.” “The doubling of the First Home Owners Grant will help stimulate some consistent longer term growth in our area. It is a smart move by the Government, and gives more of the younger generation an opportunity to build, with a flow on effect for everyone involved.”

 

Ministers Statement: Economy

Mr PALLAS (Treasurer) — I rise to update the house on the exceptional performance of the Victorian economy. National accounts figures that were issued yesterday confirm that Victoria is yet again leading the nation. Over the year to June Victoria grew by 4.7 per cent. This is the strongest result of all the states, and it is nearly double both the national figure and the result in New South Wales. Business investment is up 20 per cent over the year, reflecting of course the confidence that the business community has in this government. Household spending is up 3.4 per cent, reflecting increased consumer sentiment, supported by nearly a quarter of a million jobs that have been created by this government in our time in office. Consumer confidence, a strong construction sector, a booming labour market and our strong budgetary management are all driving these impressive results. Just a few days ago further Australian Bureau of Statistics data confirmed that Victoria’s exports have experienced the highest annual growth in the nation. When those opposite occupied the government benches our economy stalled to an average of just 1.7 per cent per annum — pathetic. Since this government has been in power Victoria has well and truly been on the march. Our state final demand has grown by an average of 4.4 per cent under this government. On every significant economic indicator Victorians are better off under this government. Job creation, economic growth, consumer confidence, retail sales, business investment — they all tell the same story. Sometimes I think we need an episode of Mythbusters on Spring Street to bust that crazy myth that those opposite are better at managing the economy. Guess what? They are not.

Ministers Statement: Economy

Mr PALLAS (Treasurer) — I rise to update the house on the exceptional performance of the Victorian economy. National accounts figures that were issued yesterday confirm that Victoria is yet again leading the nation. Over the year to June Victoria grew by 4.7 per cent. This is the strongest result of all the states, and it is nearly double both the national figure and the result in New South Wales. Business investment is up 20 per cent over the year, reflecting of course the confidence that the business community has in this government. Household spending is up 3.4 per cent, reflecting increased consumer sentiment, supported by nearly a quarter of a million jobs that have been created by this government in our time in office. Consumer confidence, a strong construction sector, a booming labour market and our strong budgetary management are all driving these impressive results. Just a few days ago further Australian Bureau of Statistics data confirmed that Victoria’s exports have experienced the highest annual growth in the nation. When those opposite occupied the government benches our economy stalled to an average of just 1.7 per cent per annum — pathetic. Since this government has been in power Victoria has well and truly been on the march. Our state final demand has grown by an average of 4.4 per cent under this government. On every significant economic indicator Victorians are better off under this government. Job creation, economic growth, consumer confidence, retail sales, business investment — they all tell the same story. Sometimes I think we need an episode of Mythbusters on Spring Street to bust that crazy myth that those opposite are better at managing the economy. Guess what? They are not.

Victoria’s Economic Growth The Strongest In The Nation

Victoria continues to be Australia’s economic powerhouse with new data released today confirming that growth in Victoria’s state final demand was the strongest of all the states and almost double the national average. The Australian Bureau of Statistics (ABS) figures show Victoria’s extraordinary growth in final demand of 4.7 per cent over the year to June 2017 was driven by exceptional business investment and household consumption. Business investment grew 20.5 per cent over the 12 month period, and was up 7 per cent in the June quarter alone. Strong gains were recorded in non-dwelling construction (up 14.3 per cent), machinery and equipment (up 2.8 per cent), intellectual property products (up 2 per cent) and cultivated biological resources (up 1.2 per cent). Business investment and household consumption is also being boosted by the Andrews Labor Government’s investment in the schools, hospitals, transport and other infrastructure the state needs – creating opportunity right across Victoria. State final demand also grew by 3.9 per cent in the 2016-17 fiscal year – again, the strongest growth of all the states. Today’s ABS data also confirms that between December 2014 and June 2017, Victoria’s state final demand grew at an average of 4.4 per cent compared to 1.7 per cent during the four years of the former Liberal Government. During that same time, there have been almost a quarter of a million jobs created in Victoria, the majority of which are full time. This news follows yesterday’s ABS update which showed Victorian goods and services exports grew more than 10 per cent over the year to June – the strongest growth in the nation and the highest in Victoria in five years. Quotes attributable to Treasurer Tim Pallas “Victoria’s strong economic indicators show the Andrews Labor Government is continuing to drive Victoria’s economy in the right direction, creating jobs and improving the lives of Victorians.” “Victoria is the economic engine-room of Australia, which is why we’ve created almost a quarter of a million jobs since November 2014 – more than any other state.”

Victoria’s Economic Growth The Strongest In The Nation

Victoria continues to be Australia’s economic powerhouse with new data released today confirming that growth in Victoria’s state final demand was the strongest of all the states and almost double the national average. The Australian Bureau of Statistics (ABS) figures show Victoria’s extraordinary growth in final demand of 4.7 per cent over the year to June 2017 was driven by exceptional business investment and household consumption. Business investment grew 20.5 per cent over the 12 month period, and was up 7 per cent in the June quarter alone. Strong gains were recorded in non-dwelling construction (up 14.3 per cent), machinery and equipment (up 2.8 per cent), intellectual property products (up 2 per cent) and cultivated biological resources (up 1.2 per cent). Business investment and household consumption is also being boosted by the Andrews Labor Government’s investment in the schools, hospitals, transport and other infrastructure the state needs – creating opportunity right across Victoria. State final demand also grew by 3.9 per cent in the 2016-17 fiscal year – again, the strongest growth of all the states. Today’s ABS data also confirms that between December 2014 and June 2017, Victoria’s state final demand grew at an average of 4.4 per cent compared to 1.7 per cent during the four years of the former Liberal Government. During that same time, there have been almost a quarter of a million jobs created in Victoria, the majority of which are full time. This news follows yesterday’s ABS update which showed Victorian goods and services exports grew more than 10 per cent over the year to June – the strongest growth in the nation and the highest in Victoria in five years. Quotes attributable to Treasurer Tim Pallas “Victoria’s strong economic indicators show the Andrews Labor Government is continuing to drive Victoria’s economy in the right direction, creating jobs and improving the lives of Victorians.” “Victoria is the economic engine-room of Australia, which is why we’ve created almost a quarter of a million jobs since November 2014 – more than any other state.”

Victoria’s $46 Billion Export Surge Leads The Nation

Victorian goods and services exports grew more than 10 per cent over the year to June – the strongest growth in the nation and the highest in Victoria in five years. Balance of Payment figures released today by the Australian Bureau of Statistics (ABS) show $46 billion in goods and services were exported from Victoria during the year. By comparison, Australia’s export volume of goods and services increased by just 4.3 per cent over the year, while the nation’s current account deficit doubled from $4.8 billion to $9.6 billion in the June quarter to almost $29 billion over the year. The latest statistics confirm Victoria’s economy is still the powerhouse of the nation, with recent ABS data showing annual growth in final demand was the fastest of any state. State final demand grew by 4.5% in Victoria over the year to the March quarter – almost triple the national average of 1.7 per cent. Growth in the most recent two quarters was particularly strong, with Victoria’s state final demand growing by 1.8% in December and by 1.4% in March. The strong economic activity and export volumes mean opportunities and jobs for more Victorians. Quotes attributable to Treasurer Tim Pallas “Victoria’s booming economy is generating an extraordinary volume of goods and services to meet the growing international demand for our high-quality products.” “Our growing export markets mean more jobs for Victorians and more opportunities for Victorian businesses.”

Victoria’s $46 Billion Export Surge Leads The Nation

Victorian goods and services exports grew more than 10 per cent over the year to June – the strongest growth in the nation and the highest in Victoria in five years. Balance of Payment figures released today by the Australian Bureau of Statistics (ABS) show $46 billion in goods and services were exported from Victoria during the year. By comparison, Australia’s export volume of goods and services increased by just 4.3 per cent over the year, while the nation’s current account deficit doubled from $4.8 billion to $9.6 billion in the June quarter to almost $29 billion over the year. The latest statistics confirm Victoria’s economy is still the powerhouse of the nation, with recent ABS data showing annual growth in final demand was the fastest of any state. State final demand grew by 4.5% in Victoria over the year to the March quarter – almost triple the national average of 1.7 per cent. Growth in the most recent two quarters was particularly strong, with Victoria’s state final demand growing by 1.8% in December and by 1.4% in March. The strong economic activity and export volumes mean opportunities and jobs for more Victorians. Quotes attributable to Treasurer Tim Pallas “Victoria’s booming economy is generating an extraordinary volume of goods and services to meet the growing international demand for our high-quality products.” “Our growing export markets mean more jobs for Victorians and more opportunities for Victorian businesses.”

Firing Economy Attracts Strong Private Investment

Investor confidence in Victoria’s economy remains strong with private capital expenditure up 8.6 per cent over the year to June, compared with a national fall of 3.0 per cent during the same period. The latest data from the Australia Bureau of Statistics (ABS) released today shows Buildings and Structures capital investment in Victoria grew by 22.1 per cent – the highest of all states – and well above the national average decline of 5.1 per cent. The data also showed total Victorian capital expenditure grew 2.5 per cent in the June quarter to $5.3 billion –  and 8.6 per cent for the year – the second highest growth of all the states. During the quarter, growth was driven by Equipment, Plant and Machinery capital investment (up 3.6 per cent) and Buildings and Structures capital investment (up 1.1 per cent). Today’s statistics follow yesterday’s ABS data which showed building approvals and construction work completed in the past 12 months were continuing their upward trend. The total value of building approvals increased by 3.3 per cent to $3.29 billion in July 2017, and was up more than 20 per cent over the year. Victoria’s employment rate continues to lead the nation with almost a quarter of a million jobs created in Victoria – the majority of which are full time – since November 2014. Quotes attributable to Treasurer Tim Pallas “These results are a direct reflection of the strong confidence in the Victorian economy. Our employment rate is the best in the nation; our infrastructure, health and education investment is at record levels.” “Victoria’s economy is attracting investment because business has confidence in the Andrews Labor Government’s strong economic management.”

Firing Economy Attracts Strong Private Investment

Investor confidence in Victoria’s economy remains strong with private capital expenditure up 8.6 per cent over the year to June, compared with a national fall of 3.0 per cent during the same period. The latest data from the Australia Bureau of Statistics (ABS) released today shows Buildings and Structures capital investment in Victoria grew by 22.1 per cent – the highest of all states – and well above the national average decline of 5.1 per cent. The data also showed total Victorian capital expenditure grew 2.5 per cent in the June quarter to $5.3 billion –  and 8.6 per cent for the year – the second highest growth of all the states. During the quarter, growth was driven by Equipment, Plant and Machinery capital investment (up 3.6 per cent) and Buildings and Structures capital investment (up 1.1 per cent). Today’s statistics follow yesterday’s ABS data which showed building approvals and construction work completed in the past 12 months were continuing their upward trend. The total value of building approvals increased by 3.3 per cent to $3.29 billion in July 2017, and was up more than 20 per cent over the year. Victoria’s employment rate continues to lead the nation with almost a quarter of a million jobs created in Victoria – the majority of which are full time – since November 2014. Quotes attributable to Treasurer Tim Pallas “These results are a direct reflection of the strong confidence in the Victorian economy. Our employment rate is the best in the nation; our infrastructure, health and education investment is at record levels.” “Victoria’s economy is attracting investment because business has confidence in the Andrews Labor Government’s strong economic management.”