1 Audit context
Regional Victoria is a significant contributor to Australia’s national and export economy.
In 2017–18, Victoria’s total food and fibre exports were worth $14.1 billion, ranking the state as Australia’s largest agriculture producer. During this period, Victorian grain exports were worth $1.5 billion.
Victoria also has large deposits of rutile and zircon mineral sands. All major mining and mineral sands processing operations stopped for these minerals in 2017 but may resume if market conditions become favourable.