Funding boost to bolster Victoria's standing as Australia's major events capital

THE Victoria Tourism Industry Council (VTIC), in association with the Victorian Events Industry Council (VEIC), welcomes the State Government's announced additional $20 million annually for the next four years in funding to support the growth of major events throughout Victoria.

"Victoria is the major events capital of Australia and we're delighted this funding will enable us to further bolster our standing, by delivering more events to Melbourne and regional places throughout Victoria," said VTIC Chief Executive Dianne Smith.

"We have consistently urged policy makers to further leverage our strength in major events and we are thrilled that the Andrews Government is using its first budget to recognise the important contribution tourism and events make to our economy and community."

The measure will be provided through a significant boost to the Victorian Major Events Company, lifting its annual budget from $42 million to $62 million.

The tourism and events industry contributes $20 billion annually to the Victorian economy and employs 200,000 people.

"As the Premier has highlighted today, major events draw tourism and create great opportunity for local operators such as restaurants and hotels. VTIC will continue to work with government and operators throughout Victoria to make sure we leverage the job creation possibilites that this measure brings," said Ms Smith.

The Victoria Tourism Industry Council (VTIC) is the peak body for Victoria’s tourism and events industry, providing one united industry voice.

vtic.com.au

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