Victoria

Population	6,386,000
Unemployment rate (%)	5.1
Employment	3,274,000
Employment Growth (%)	2.2
Gross State Product ($bn)	407
Gross State Product Growth (2016-17)	3.3

Latest news

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Business Council calls for more R&D investment to lift productivity and economic growth

13 June 2025

The Business Council says one way Australia’s lagging productivity could be turned around, is by significantly boosting investment in research and development, including with changes to tax settings, programs to...

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Media Statement: BCA welcomes focus on productivity to lift living standards

10 June 2025

The following statement is attributed to Business Council Chief Executive Bran Black “We welcome the Prime Minister’s focus on productivity, with productivity growth being the single biggest driver to sustainably...

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Joint Statement: Industry leaders unite for productivity solutions to improve living standards

30 May 2025

More than 20 groups representing Australia’s small, medium and large businesses, universities and the investment community met today in Sydney to discuss productivity solutions to improve living standards for all...