MELBOURNE METROPOLITAN OFFICE MARKET UPDATE Q1 2020
The DAE Business Outlook forecasts economic growth in Victoria to be the strongest of the mainland states in 2019-20 and the strongest among all the states in 2020-21.
Victoria’s gross state product is forecast to grow by 2.5 % in 2019-20 and by 2.9 % in 2020-21.
Government infrastructure investment, business investment and household consumption are expected to be the major drivers of State’s growth in 2019-20.
