Paynesville, Victoria Paynesville, Victoria Paynesville is a tourist/holiday resort town in the Gippsland region of Victoria, Australia. At the 2006 census, Paynesville had a population of 2967. The town is located east of the state capital, Melbourne. It is known as the boating capital of Victoria. Paynesville was originally called Toonalook, which is an aboriginal name for "place of many fish". The post office opened on 8 November 1879 as Toonalook and was renamed Paynesville in 1886 by the Dickson family, who still reside in the area. Raymond Island is a small island accessible via the Raymond Island Ferry. The island is
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