Victoria’s Economic Plan: Band-Aid or Solution for State’s Troubles?

The state has unveiled a plan to boost the economy after being named least business-friendly state.
Victoria’s Economic Plan: Band-Aid or Solution for State’s Troubles?
Premier of Victoria Jacinta Allan speaks during a Cricket Australia Media Opportunity at Melbourne Cricket Ground in Melbourne, Australia, on Aug. 18, 2024. Asanka Ratnayake/Getty Images for Cricket Australia
Naziya Alvi Rahman
Updated:

Experts say the Victorian government’s Economic Growth Statement—which lays out a policy plan to reinvigorated the state’s sluggish economy—acknowledges the state’s “image problem” but stops short of tackling deeper economic challenges.

Released a week after Victoria was ranked the least business-friendly state in Australia, the plan, created in partnership with industry, outlines “40 initiatives” to try turnaround the ailing state’s fortunes.

Naziya Alvi Rahman
Naziya Alvi Rahman
Author
Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].
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