Victoria (Australia) and is also described as the world's sporting capital. The Melbourne Cricket Ground, the largest stadium in Australia and the Southern Hemisphere, hosted the 1956 Summer Olympics and the 2006 Commonwealth Games. The ground is also considered the "spiritual home" of Australian cricket and Australian rules football, and hosts the grand final of the Australian Football League (AFL) each year, drawing crowds of approximately 100,000. Victoria has eight public universities, with the oldest, the University of Melbourne, dating from 1853. Victoria, like Queensland, was named after Queen Victoria, who had been on the British throne for 14 years when the
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