Feb 17, 2018 Last Updated 2:08 PM, Feb 15, 2018

New Entry From the Editor :

Australian female labour force participation reaches record high

Australian female labour force…

AusBN - Australia’s female labour force participation rate reached a ...

South Australia to help fund green hydrogen-fuelled power plant

South Australia to help fund g…

AusBN - The government of South Australia will help fund one of the largest...

Queensland wind farm project to create 200 construction jobs

Queensland wind farm project t…

AusBN - A recently approved AUS$200 million wind farm project in North Quee...

Victorian government aims to attract businesses with $90 million fund

business strategyAusBNAusBN - The government of Victoria has allocated a fund of AUS$90 million to attract businesses to the state, as growth in car manufacturing and other industries begins to slow.

The fund will be put towards retaining and creating jobs in industries such as aviation and manufacturing, and follows a similar $116 million grant in last year's budget.

Industry Minister Wade Noonan said: "A $90 million funding boost for a programme like this is just so important, ultimately for the Victorian economy and for growing new jobs.

"We do recognise that as a state we need to actively compete in a globally competitive marketplace.

"Over the last 12 months the Victorian Government has assisted over 120 companies either grow their business or establish their business and that's resulted in the direct employment of about 4,100 full time new employees, and seen $1.5 billion in new capital investment."

The government made the announcement along with the encouraging news that Japanese utility company Rinnai would add 160 jobs to its operation in Melbourne.

@AusBNOnline

This Month's Issue

v3i2 cover web

Subscribe

rgn web banner

abn web banner