La Trobe University in Melbourne will bring its world-class scientific expertise to the newly launched Olivia Newton-John Cancer Research Institute (ONJCRI).

Australia’s premier business organisation dedicated to promoting investment and trade with China will be the first bilateral business chamber to be part of the Victorian Coalition Government’s new International Chamber House (ICH). The Australia China Business Council (ACBC) will move its head office from Sydney to Melbourne to be part of ICH, which is set to open later this year in Melbourne’s city centre.

Melbourne’s dynamic environment for business has been reaffirmed by the Global Financial Centres Index 16 (report) which highlights Melbourne’s position amidst the Global Financial Centres. Melbourne is ranked sixth in the Asia-Pacific, with Sydney fifth - the top six centres all dropped in rating. Melbourne ranked 24th, which is one rating point difference between Melbourne and Sydney - an improvement of 11 points and a rank improvement of 13. Sydney, ranked 23rd, dropped eight rating points, but maintained its rank.

Australia’s largest biotechnology company, Commonwealth Serum Laboratories (CSL), will invest A$210 million to expand albumin production at its Broadmeadows manufacturing site (25 minutes from Melbourne’s city centre) to meet increasing demand for its global ‘ablumin’ critical care therapy. The planned manufacturing facility for the Broadmeadows site is expected to create up to 200 jobs during construction, with a further 190 manufacturing jobs once the plant is operational.

Aegis Services Australia has announced it will expand its business processing outsourcing operations in Victoria, creating 550 new jobs over the next two years. Aegis is a global outsourcing and technology company. The expansion will mean a doubling of the company’s existing local workforce and a substantial investment in training and up-skilling of employees. The company’s announcement underscores Victoria's strong reputation as a destination for global investment and business services centre.

The Victorian Government has launched Australia's first web tool specifically designed to help Victorian communities locate mining and exploration activities in their regions quickly and easily. The Mining Licences Near Me web tool ensures greater transparency for communities regarding industry activity in their region, both onshore and offshore, including minerals, gas and quarries.

The Australian Government has advised that it will expand and improve the Significant Investor Visa (SIV) program to leverage and better direct foreign investment. The program will be reformed to encourage more high net worth individuals to make Australia home and will contribute to a strong and competitive economic environment.

Applications are now open for the second round of the prestigious A$1.8 million Victorian Postdoctoral Research Fellowships Program, being delivered by veski. The fellowships aim to strengthening Victoria’s innovation capabilities by enabling talented young researchers to work at world leading research centres before returning to Victoria. The Victorian Government offered six fellowships in 2013 and is again offering up to six fellowships to begin in 2015.

The expression of interest for the Ballarat West Employment Zone (BWEZ) has officially opened. BWEZ is the Ballarat region’s engine room for jobs and economic growth over the next 20 years. Located just over an hour north-west from the Melbourne city centre, Ballarat has fantastic connections to road, rail, ports and airports and the region is home to a large, skilled and stable workforce. With an increasing population of 100,000, Ballarat is one of the largest inland cities in Australia and serves as a key access point to the other regional centres in Northern and Western Victoria.

Japanese food production company, Kaiteki Fresh has announced a new state-of-the-art hydroponic facility in Bunyip, one hour east of Melbourne. The multi-million dollar investment will be the first facility of its kind outside of Asia, and will create 40 new local jobs. Kaiteki Fresh Australia, a subsidiary of Japan’s Mitsubishi Corporation, is a global leader in food production and technology.

Australia’s manufacturing sector has been given a boost with the opening of Australia’s largest additive manufacturing hub and a new world-class research facility in Melbourne. The new 3D printing additive manufacturing plant produces parts and devices for the mining, defence, bio-medical, construction, aerospace and automotive industries, in a more cost-effective way than traditional methods.

The Fu Wah International Group will establish its Australian headquarters in Melbourne, bringing 20 jobs to Victoria. A high-end real-estate development and commercial property management group based in China, the company recently took ownership of the iconic Melbourne Park Hyatt Hotel and is exploring other investment opportunities in Victoria's property and hotel sector.

Hong Kong-based independent hotel company the Hind Group is to establish its new Australian headquarters in Melbourne, creating 10 new jobs. The Hind Group is one of Hong Kong's most successful independent hotel and serviced apartment operators. It owns and manages two hotel brands, Ovolo Hotels and Naumi Hotels and also runs two food and beverage businesses, Café O in Hong Kong and Rang Mahal in Singapore.

Underutilised rail yards on the edge of Melbourne’s city centre are set to be transformed into the newest inner-city suburb - E-Gate. The 20 hectare site is equivalent in size to five Melbourne City blocks and will be developed into a new integrated community providing residential, retail, commercial and community facilities.

Indian company Ray Business Technologies (Raybiztech) has chosen Melbourne as its Australian headquarters. The company plans to create 30 new highly skilled local Information and Communications Technology (ICT) jobs over the next two years. Headquartered in Hyderabad, India, with offices in the USA and UK, Raybiztech delivers cloud, mobility, big data and social media solutions to its enterprise clients around the world, in the sectors of finance, healthcare, manufacturing, media, leisure and utilities.

Global technology supplier Finmeccanica – Selex ES will establish its Australian Naval Communications headquarters in Melbourne, creating 80 manufacturing jobs by 2019. Finmeccanica - Selex ES works across the international defence, security, aerospace, naval and transport sectors.

The Victorian Government has secured the right for Melbourne to continue to host the Australian leg of the world’s largest digital games festival, the Penny Arcade Expo Australia (PAX Aus), for the next five years until 2019.

An additional round of veski innovation fellowships – a prestigious Victorian program to attract outstanding global leaders in science and research to Victoria – is actively seeking applications from outstanding women in science and research.

The Victorian Government has this week invited Expressions of Interest (EOIs) for the delivery of 13 new schools under the $223 million New Schools Public Private Partnership (PPP) project. The PPP will see the selected consortium finance, design and construct 13 new schools and maintain them over a 25 year period. The schools will be built in two tranches, with the first tranche opening to students in 2017 and the second in 2018. The Victorian Government will retain responsibility for teaching and curriculum, with the Government stating that the structure will allow teaching staff to focus wholly on educational outcomes.

UK packaging company LINPAC has chosen Melbourne as its Australian headquarters. The A$22 million investment will create 72 manufacturing jobs at the new headquarters in the suburb of Truganina in Melbourne’s West, and allow the company to increase its food packaging manufacturing capacity. Operating in 37 countries around the world, LINPAC is a global leader in the production of primary fresh food packaging and food service solutions.

Global food company, the Kerry Group, has announced that it will establish its new centre for excellence for bakery products in Melbourne, creating 118 new jobs. The A$13.7 million investment by the company in the Western Melbourne suburb of Altona (18 km from the Melbourne city centre) will be used to purchase state-of-the-art manufacturing equipment, and increase their research and development capacity.

Japanese-based pharmaceutical company Eisai has announced it will open its Australian headquarters in Melbourne to provide a platform to market its portfolio of epilepsy and oncology products. The company ranks in the top 25 pharmaceutical companies in the world by revenue, and employs over 10,000 people worldwide.

Balluff Leuze has invested in a custom-built automation centre in Bayswater, located 40 minutes east of Melbourne’s city centre, as part of its continued Australian expansion plans. The German company, which specialises in technically innovative products for the Automation industry has been working in Australia for 15 years and is considered a leader in sensor technology. They also build a range of safety products that are used in the Victorian manufacturing sector.

Recent research lead by a Melbourne research institute has found that people who carry a particular type of gene have natural resistance against typhoid fever. The Nossal Institute of Global Health at the University of Melbourne conducted the study in collaboration with the Genome Institute of Singapore and Oxford University Clinical Research Unites in Vietnam and Nepal. The research, which is the first large-scale one of its kind, investigated the human natural gene responses to typhoid and associated infectious diseases.

Professor Sharon Lewin, the local co-chair of this year’s 20th International AIDS Conference, and internationally recognised HIV cure researcher, has been named Melburnian of the Year in an awards ceremony held on 15 November.

Australia and China have signed an historic free-trade agreement (FTA) which will increase opportunities for foreign direct investment in Victoria. The deal, which is suggested to be worth A$18 billion to Australia’s economy, was announced after almost a decade of negotiations between the nations. The agreement will increase the threshold at which private companies attract scrutiny by the Foreign Investment Review Board from A$247 million to A$1 billion. This will allow corporations to more easily take advantage of the competitive and dynamic business environment that Melbourne has to offer.

Melbourne will host world football superstars from Real Madrid, Manchester City and Inter Milan as part of the Australian leg of the third annual International Champions Cup in July 2015. The tournament, a friendly pre-season between the biggest teams in the world, will feature star players like Cristiano Ronaldo, Sergio Aguero, Gareth Bale, David Silva and James Rodriguez.

The Royal Melbourne Institute of Technology (RMIT), in collaboration with NICTA (National ICT Australia) have announced the opening of a joint data analytics lab in Victoria. The lab will be based at RMIT University’s School of Computer Science & Information (CSIT) in Melbourne. NICTA is Australia’s largest ICT organisation, and its Machine Learning Research Group has been independently rated amongst the top five groups of its kind in the world. In a collaboration valued at over A$1 million, NICTA will combine its expertise with RMIT University’s CSIT, which is widely recognised as a leader in data and information management.

For the second year in a row, the Penny Arcade Expo Australia (PAX Aus) was held in Melbourne from 31 October 2014 to 2 November 2014. It opened to the news that Melbourne had secured the right to continue to host the event for the next five years, a huge coup for Victoria and for all Australian digital gaming fans. The announcement meant that Melbourne would host the iconic event, which attracts the world’s biggest and most influential digital games developers, publishers, and enthusiastic players, until at least 2019.

The International Particle Accelerator Conference (IPAC) will take place in May 2019, and will see approximately 1,000 delegates visit Melbourne to discuss, collaborate and present on the latest scientific achievements in particle acceleration. Melbourne’s winning bid was presented in Korea, and was a direct result of collaboration between the Melbourne Convention Bureau (MCB) and the Australian Synchrotron, a particle acceleration research facility located in Melbourne.

AEREON, a global leader in combustion, vapour recovery and pollution-control technologies has announced the opening of a new 1250 square metre (13,000 square feet) operations facility in Melbourne. The large facility will create flares, thermal oxidizers and gas compression units that adhere to Australian code requirements in the oil and gas industries. Local fabrication of the materials will allow AEREON to better improve their customer experience and ensure consistency and quality in their product range.

Melbourne has been recognised as the top Major City in Human Capital and Lifestyle, according to the fDi Intelligence Global Cities of The Future 14/15 study. Cities in the study were categorised according to population and, as a Major City, Melbourne was awarded the top position in cities with populations less than 10 million. As winner of the Human Capital and Lifestyle category, Melbourne scored high results in categories such as; literacy rate, education expenditure, health, quality of life, percentage of population as labour force, number of students and numerous other indicators.

The Monash Institute of Pharmaceutical Sciences in Melbourne has announced a research partnership with Japan’s Takeda Pharmaceutical Company to develop new medicines that address significant medical needs in gastroenterology. The strategic partnership will allow scientists from Monash University and Takeda to work together to better understand the causes of these gastrointestinal diseases, and work towards developing treatments and therapies for disorders that affect millions of people worldwide.

The Singapore based low-cost airline, Scoot, has announced that it will launch direct flights from Melbourne to Singapore in November 2015. Scoot is a low-cost subsidiary of Singapore Airlines that flies to a variety of locations in China and Australia. The airline was founded in 2011 and has embarked on a new strategy in providing low fares and quality customer service to travellers. Travellers will be flying with Scoot on the latest Boeing 787 Dreamliner; the world’s most advanced aircraft.

Hotel and accommodation booking app, HotelQuickly, has opened an office in Melbourne as part of its plans to expand its operations in the Australian market. The Hong-Kong headquartered company, which was launched in March 2013, has more than 600,000 users globally and offers last-minute discounted hotel and accommodation booking options for travellers.

The Korea-Australia Free Trade Agreement (KAFTA) will enter into force on 12 December 2014, opening up new investment opportunities for Victorian and Korean businesses that will enhance their relationships. KAFTA will increase export opportunities across a wide range of industries: from beef, wheat, sugar, dairy, wine, horticulture and seafood, to automotive suppliers, and the resources and energy industries. It will also open up significant opportunities for service providers.

Global pharmaceutical company Janssen-Cilag, a subsidiary of Johnson & Johnson, has signed a three-year research collaboration agreement with Melbourne’s Monash University. The collaboration will focus on ground-breaking research at Monash University to develop potential new medicines to treat autoimmune diseases and disorders .

The Japan-Australia Economic Partnership Agreement (JAEPA) entered into force on 15 January 2015. Japanese interest in Victorian and nationwide investment is continuing to grow, with major fast food chains and convenience store operators looking at investing in the agriculture sector, which will in turn support expansion into the South East Asia marketplace.

The global data centre and software giant, Equinix, has recently opened a new state-of-the-art data centre in Melbourne, as part of its expansion plans throughout the Asia-Pacific region. The centre, which is strategically located in Port Melbourne, about 2.5 kilometres from the Central Business District, will help to meet the growing regional demand for premium data centre services, and comes amidst strong growth in Australia and Victoria’s IT markets. Equinix has invested A$60 million in the centre, known as ME1, and early reports indicate an successful launch.

Two Victorian wind farms have won 20-year deals with the Australian Capital Territory (ACT), to supply a third of Canberra's electricity needs. In a deal worth A$68 million a year each, the alternative power venture is set to increase Canberra household power bills by A$93, however with 200 megawatts of capacity, the wind farms are expected to create a 580,000-tonne reduction to the city's yearly carbon emission each year (the equivalent of removing 157,000 cars).

The Victorian Government has announced it will begin work on one of Australia’s largest infrastructure projects, the Melbourne Metro Rail Project. The new Melbourne Metro Rail line includes a nine-kilometre twin rail tunnel from Melbourne's south, under the CBD, through to the university and health precinct in the city's north. It will include five new and expanded underground stations.

Melbourne’s Monash University and Amearo Engineering have captured the attention of global aviation industry giants by creating the world’s first 3-D printed jet engine. The manufacturing breakthrough will lead to cheaper, lighter and more fuel efficient jets, and will result in advances in medical technology, according to engineers and researchers.

Melbourne has reinforced its great reputation as the world’s most liveable city with new statistics showing Victoria as the number one destination for Australians moving inter-state.

Regenerative medicine research efforts are set to strengthen in Australia with the recent announcement between Melbourne’s Monash University and leading US biomedical institution, MDI Biological Laboratory.

The Feynman Prize for Nanotechnology was awarded last month to Dr Amanda Barnard. Often referred to as the Nobel Prize of nanoscience, the prize’s importance is remarkable in that it recognises prodigious talent in the sector and is a reliable predictor of scientific discoveries with a very high translational impact on industry.

The global mobile payments company, Square, will open its Australian headquarters in Melbourne, which will be its fourth global base after the United States, Canada and Japan.

More than 150 international buyers and investors from Europe, the Middle East and Asia will travel to Victoria as part of a major inbound trade mission that showcases its diverse wine industry. Meet the Winemaker, will introduce international buyers to over 100 key winemakers from 21 diverse winemaking regions around Victoria, allowing the industry to develop new export opportunities and giving the world an insight into Victoria’s unique winemaking capabilities.