Library: Departments of Premier & Cabinet Treasury & Finance Level 5, 1 Macarthur Street East Melbourne Victoria 3002 VICTORIA 1989-90 DX 210759 Ph: 03 9651 5660 Fax 03 9651 5659 Email:
[email protected] gov.au STATE OF PROGRESS A diagrammatic presentation of progress in Victoria to coincide with the release of the 1989-90 State Budget /s NOT 4 X FOR vy LOAN 1il1 VICTORIA 1989-90 STATE OF PROGRESS AUGUST 1989 ytctosUa^ GROWING TOGETHER I k Victoria 1989-90 State of Progress Published by VGPO Melbourne Victoria Australia ©State of Victoria 1989 This book is copyright. No part may be reproduced by any process except in accordance with the provisions of the Copyright Act. Address all inquiries to the Government Printer for the State of Victoria PO Box 203 North Melbourne 3051 Victoria Australia Published August 1989 Jean Gordon Government Printer Melbourne Contents : The Victorian Economy: A record of progress 5 The 1989-90 State Budget 21 Government Services: Progress for all Victorians 31 The Victorian Economy A record of progress HOW THE TRENDS HAVE REVERSED Victoria Rest of Australia 15.00. EXPORTS 10.00.. In the 10 years to 1982-83, Victoria lagged behind the nation - in business investment, economic growth, exports 5.00, and employment growth. 0.00 % 1972-73 to But since then Victoria has moved ahead. Data show 1982-83 State data 1982-83 to average annual rate of growth in per cent. for exports not 1988-89 available 15.00,. KHH 15.00 _ ^ A 15.00 BUSINESS INVESTMENT 10.00 10.00.. 10.00 EMPLOYMENT GROSS NON-FARM PRODUCT 5.00 .