The Minerals Council of Australia’s 2023 Economic Contribution Survey reveals the growing value of mining across Victoria—and the positive impact it’s having on local communities.
Since the last report in 2021, direct spend by Victorian mines has surged to $570 million. This includes wages, local business procurement, tax payments, and community contributions.
Key Highlights:
- $181 million in wages for nearly 1,500 local workers (average salary: $122,000)
- $347 million spent with ~1,700 local Victorian businesses (77% of all goods and services sourced locally)
- $39 million in state payments, $200 million+ in national taxes
- $330 million of total spend in regional Victoria
- $214 million injected into Central Victoria/Loddon Murray—the highest in the state
All of this from an industry that uses less than 0.2% of Victoria’s land.