VICTORIAN GOODS EXPORTS OUTPACING THE NATION

VICTORIAN GOODS EXPORTS OUTPACING THE NATION

Posted on 07. Jul, 2010 in Victoria

Victorian goods exports have continued their strong growth well above the national average signalling positive news for Victorian jobs and the economy, according to new figures released by the Australian Bureau of Statistics.

Today announcing $110,000 in new export grants as part of the Brumby Labor Government’s ongoing commitment to supporting Victorian exporters, Industry and Trade Minister Jacinta Allan said the growth – driven by increases in dairy, aluminium and meat – was due to the resilience of local exporters backed by strong Government support.

“The latest figures show an 8.8 percent increase in Victorian exports between March and May this year on the same period last year, and this is great news for exporters, the economy and Victorian jobs,” she said.

“The 8.8 percent increase is higher than the national average of 5.8 percent and makes Victoria only one of two states and territories to experience export growth between March and May.”

Ms Allan said the Brumby Labor Government had provided strong economic management to help Victorian businesses and the economy emerge well from the Global Financial Crisis.

“During the worst of the Global Financial Crisis, we took action to ensure the Victorian economy remained strong,” she said.

“But our international trading partners suffered, putting great stress on exports.

“Now, as the world emerges from the Global Financial Crisis, we are now seeing Victorian exports grow.

“In this year’s State Budget our Government announced further cuts to payroll tax in yet another boost for Victorian businesses.

“And we also announced – and have since launched – the Competitive Business Fund to help make Victorian businesses more globally competitive.”

Ms Allan today announced $110,000 in support to 11 Export Network members so they can continue to assist their local businesses to capitalise on new and emerging export opportunities.

“Recipients of these Export Network grants come from both regional and metropolitan Victoria, reflecting our strong commitment to boosting exports across the state,” she said.

“As a result of the hard work of Export Network members backed by this strong support from the Brumby Labor Government, we have seen annual Victorian exports increase by 34 percent – or $7.9 billion – over the last decade.

“This is wonderful news for Victorian jobs and our economy.”

The Export Network grant recipients will receive $10,000 each, and include:

  • Melbourne’s West Export Network;
  • Victorian TAFE International;
  • HLB Mann Judd Consulting;
  • Australia China Business Council;
  • Australian Industry Group – Ballarat;
  • Blueprint Consulting;
  • South East Business Networks;
  • Greater Shepparton City Council;
  • Central Victorian Business Network;
  • Australia India Business Council; and
  • Moira Shire Council.

 

Ms Allan said the new initiatives were in addition to other Brumby Labor Government programs such as the $11 million Opening Doors to Export plan that were helping Victorian businesses to pursue emerging export opportunities.

“Our Government is also in the process of identifying trade and export opportunities in new regions, especially Latin America, where there is strong demand for Victorian expertise and products,” she said.

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