Business
Victoria’s economic recovery to outstrip all other states as nation bounces back – Sydney Morning Herald
Victoria will boast the fastest recovery of any state or territory this year.
“Overall, Victoria’s recovery to date has been remarkable,” Mr Richardson said. “Few at the height of the second wave could have envisaged Victoria would begin 2021 in such a favourable position”.
Victoria shrunk at twice the rate of the next worst state last year, which means its recovery largely reflects the depth of its decline.
Victorian Treasurer Tim Pallas said the early positive results demonstrated the state’s coronavirus strategy was working.
Jobs will remain front and centre in our recovery…
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