Victoria (Australia) in the area occurred in 1803 at Sullivan Bay, and much of what is now Victoria was included in 1836 in the Port Phillip District, an administrative division of New South Wales. Named in honour of Queen Victoria, who signed the division's separation from New South Wales, the colony was officially established in 1851 and achieved self government in 1855. The Victorian gold rush in the 1850s and 1860s significantly increased both the population and wealth of the colony, and by the time of the Federation of Australia in 1901, Melbourne had become the largest city and leading financial centre
Victoria (Australia) municipal areas. The state of Victoria is the second largest economy in Australia after New South Wales, accounting for a quarter of the nation's gross domestic product. The total gross state product (GSP) at current prices for Victoria was A$374 billion in June 2016, with a GSP per capita of A$60,595. The economy grew by 1.0 per cent in the 2015–16 financial year, less than the Australian average of 2.7 per cent. Finance and insurance is Victoria's largest income producing sector, while the health care and social assistance sector is the state's biggest employer. The shift towards service industries in