History of Canberra Rush at the time, Melbourne was Australia's largest city and a potential place for the capital. However Sydney was Australia's oldest city, and so also had a justifiable claim to host the new nation's Federal polity. Western Australia, South Australia and Victoria, Melbourne's state of location —supported Melbourne. However, New South Wales (the largest colony) and its neighbouring northern state, Queensland, favoured Sydney. Perhaps one or another of the two colonial capitals might have eventually been acceptable to the smaller states, but the Sydney–Melbourne rivalry was such that neither city would ever agree to the other one becoming the capital.
Victoria (Australia) by international investment; attracted to the state by the availability of cheap land close to the city and inexpensive energy from the Latrobe Valley. Victoria produced 26.4% of total manufacturing output in Australia in 2015–16, behind New South Wales at 32.4%. Machinery and equipment manufacturing is the state's most valuable manufacturing activity, followed by food and beverage products, petrochemicals and chemicals. Prominent manufacturing plants in the state include the Portland and Point Henry aluminium smelters, owned by Alcoa; oil refineries at Geelong and Altona; a major petrochemical facility at Laverton; and Victorian-based CSL, a global biotechnology company that produces vaccines