Disruptive technologies, global trends and structural changes are combining to create new economic opportunities and challenges for Victoria. To help respond, the Premier's Jobs and Investment Panel have released a discussion paper to identify practical ideas to grow the economy.

We invite you to read the discussion paper and share your innovative ideas on how government, industry and community can work together to boost the state's productivity and improve living standards for all Victorians.

Focus areas

We have identified five initial focus areas and 21 reform directions with significant potential to boost economic performance and productivity.

Reform directions:

1.1 Targeted support schemes for relatively poorly performing groups (recently-arrived migrants, single parents and disengaged youth) including promoting flexible work arrangements, utilising government social procurement approaches to create employment opportunities, and leadership/mentoring programs

1.2 Improved coordination between various government services at all levels of government to promote employment outcomes for relatively poorly performing groups, including employment and related services, training, youth services, justice, family and carer support and migrant services

1.3 Improvement to the training and education system to deliver foundational skills and qualifications for current and future jobs, including increasing the focus on building critical reasoning skills, interpersonal skills, and workplace literacy/numeracy/digital skills.

Reform directions:

2.1 Improvements to the structure of regulators and continuous improvement of regulator practices and business interactions

2.2 Facilitation of business innovation, including through promotion of adaptability and new thinking by regulators and policymakers

2.3 Facilitation of new business models, including through regulatory pathways and concierge systems that support/enable innovation

2.4 Streamlined local government regulatory services through increased decision-making consistency, strengthened regulatory capability and improved provision of information and guidance

2.5 Better business experience with government procurement and improved efficiency of procurement practices and processes

Reform directions:

3.1 Better utilisation of existing telecommunications and other public infrastructure and assets, particularly in provision of high speed (4G & 5G) mobile broadband and reinvigorating Victoria’s open government data efforts

3.2 Facilitation of collaboration between business and higher education providers to create more ‘work ready’ digital graduates

3.3 Increased flexibility of the regulatory environment to facilitate investment and ease introduction, trialling and early adoption of new technologies

3.4 Partnership with industry to proactively target, manage and assist disrupted industries and businesses, including encouraging digital literacy and supporting affected workers

Reform directions:

4.1 Deepened links to international capital markets, and attraction of talented individuals and new firms, including by capitalising on Melbourne’s reputation and advantages

4.2 Facilitation of industry-led research and collaboration with universities and other groups aimed at the creation of new products, market intelligence and skills

4.3 Development of new financial products by removing regulatory/policy barriers and facilitating a growing FinTech sector

4.4 Improvement to financial skills and access to advice for borrowers including SMEs and financially-excluded people

Reform directions:

5.1 Encourage upskilling of the current workforce and development of a larger pipeline of new apprentices for the sector, with an emphasis on skilled tradespeople for future projects

5.2 Redesign of government procurement processes and methods with an emphasis on reducing the cost to business and encouraging the use of innovative products and processes

5.3 Adoption of Building Information Management and other digital technologies and support to the workforce to adjust to digital disruption

Have your say

<p>Submissions have closed, but you can continue to join the conversation and tell us what you think.</p> (max 50 words).

You have 50 words left
Moderation Policy

25 February, 2019

Geoff Croker says:

“Victoria is blessed with huge volume of lignite (33Bt easily extracted, 395 Bt resource). 20% by weight of this lignite is volatiles/hydrocarbons, n-anes, n-enes, phenols. There is a low cost process to separate the carbon, hydrocarbons and water using a benign solvent. This is 435 Billion barrels of extractable oil.”

5 September, 2017

Warwick Peel says:

“Under a number of these topics, Intergenerational Advisory Boards is a strategy being deployed in the UK and US markets in particular as way to engage the next generation thinking, and to empower the combination of Baby boomer/Gen-X wisdom and 'been there, done that' and 'digital savvy, technology Gen-Y. ”

1 August, 2017

BobW says:

“Dramatically improve inter-agency secure sharing of sensitive information while maintaining control by the source agency, and without needing to replace existing identity and access systems. A co-operative facility based on the use of Victorian-owned software would stimulate local industry, jobs and skills creation and retention, exports, and import replacement.”

30 July, 2017

RegionalVictorians says:

“Rural Victoria is lucky to still have wetlands (lakes/waterways, man made or otherwise) when globally, these are disappearing faster than any other ecosystem. Home to unique and endangered species of birds, we should be promoting these assets for nature tourism/ "avitourism" - a fast growing, lucrative trend. ”

24 July, 2017

Marko says:

“Social engineering that poses existential questions, advertised via billboards, e.g. What is my life about? Who is important to me in my life? Have I told my family that I love them? etc. The idea is to instigate critical thinking and reflection about our lives, so we can change :) ”

24 July, 2017

Marko says:

“ Could we consider an education system from preschool onwards that focuses on philosophical critical reasoning skills, interpersonal skills, and workplace literacy/numeracy/digital skills. The implementation of effective personal, non violent communication and gender equality at preschool and primary schooling would serve as a foundation for a more equitable and caring society. ”

21 July, 2017

Andrew says:

“The Government should develop a competency recognition framework for building and planning practitioners. This framework should outline the competencies which are required to perform various roles across the sector. Where a person with recognised competency is involved in the planning or building process there should be a streamlined pathway.”

18 July, 2017

SML says:

“Re: 4.2 Facilitation of industry-led research and collaboration with universities and other groups aimed at the creation of new products, market intelligence and skills: Direct interaction with SMEs as well as cross-collaborative projects with Universities is dramatically improved with state commercialisation subsidies such as STIUP. Please bring them back.”

17 July, 2017

HC says:

“Regarding the focus area 'Workforce' Improvement to the training and education system. This will be great, however, the design of public service jobs and VPS hierarchy almost discourages the use of critical reasoning. We must attend to job design and workplace design and culture to really impact on productivity. ”

14 July, 2017

Rhys Thompson says:

“We have good jobs available but cant find workers! We actively work with and assist with all areas of people in you "1. Worforce" section. Tax and OVER regulation are KILLING us. ”

5 July, 2017

Cam says:

“Construction businesses seeking apprentices are faced with lack of a coordinated recruitment system to find good staff. Coordination of stakeholders will help with better outcomes.”

4 July, 2017

jo says:

“Business funding research has been shown to influence outcomes, no matter how independent they try to stay. Set up an independent body as a conduit for impartiality and ongoing rep”

23 June, 2017

Ironbark says:

“Take a look at the essential eight technologies of Drones etc and how they can be applied across sectors to build new value chains, industries and businesses”

Consultation update - September 2017

Submissions to the Enhancing Victoria's Economic Performance and Productivity discussion paper have closed on 2 August 2017. The Premier's Jobs and Investment Panel would like to thank all the contributors.

For further information about the project, please contact pjip.submissions@dpc.vic.gov.au

Public submissions

Submission 1 - City of Greater Geelong
PDF (88.42 KB)
Submission 2 - Anonymous
PDF (87.63 KB)
Submission 3 - Anonymous
PDF (72.48 KB)
Submission 4 - Lia Papworth
PDF (76.08 KB)
Submission 5 - Michael Read
PDF (76.10 KB)
Submission 6 - Bendigo and Adelaide Bank
PDF (105.32 KB)
Submission 7 - Bendigo and Adelaide Bank
PDF (95.58 KB)
Submission 8 - Bendigo and Adelaide Bank
PDF (83.15 KB)
Submission 9 - Work Place Alliance
PDF (74.53 KB)
Submission 10 - Anonymous
PDF (75.00 KB)
Submission 11 - Code for Australia
PDF (75.83 KB)
Submission 12 - Southern Melbourne Regional Development Australia Committee
PDF (378.54 KB)
Submission 13 - Australian Centre for Financial Studies
PDF (1,001.85 KB)
Submission 14 - Monash University
PDF (422.83 KB)
Submission 15 - Energy Australia
PDF (116.46 KB)
Submission 16 - AusNet Services
PDF (56.22 KB)
Submission 17 - Deakin University
PDF (570.77 KB)
Submission 18 - COTA Victoria
PDF (902.14 KB)
Submission 19 - Foundation for Young Australians
PDF (153.77 KB)
Submission 20 - Kintsugi Alliance
PDF (87.95 KB)
Submission 21 - Construction & Building Industry Super
PDF (489.41 KB)
Submission 22 - Air Conditioning and Mechanical Contractors Association of Victoria
PDF (292.70 KB)
Submission 23 - Master Builders Association of Victoria
PDF (953.50 KB)
Submission 24 - Good Shepherd Microfinance
PDF (726.79 KB)
Submission 25 - La Trobe University
PDF (291.40 KB)
Submission 26 - Commissioner for Senior Victorians
PDF (640.66 KB)
Submission 27 - Housing Industry Association
PDF (1.04 MB)
Submission 28 - VCOSS
PDF (1.46 MB)
Submission 29 - National Australia Bank
PDF (386.68 KB)