News

Investment In Workers Keeping Victorian Economy Strong

15 October 2025

The Victorian Government’s 2024–25 Annual Financial Report highlights Victoria’s robust economic performance, driven by strategic investments in infrastructure, jobs, and business growth.

Employment and participation rates reached record highs, with unemployment averaging just 4.4%. Business investment rose 1.2%, outperforming national growth, and has surged 53% over the past decade. The state delivered a $3.2 billion operating cash surplus and reduced net debt by $4.7 billion. Major projects like the Metro Tunnel and West Gate Tunnel continue to fuel economic activity and job creation.