This year’s Australian Open was one of the most successful with a record 728,000 fans pouring through the gates, creating an expected 1,100 jobs and injecting more than $280 million into the economy.

Worldwide, around a billion people a day tuned in to the action from Melbourne on TV and even more on social media.

Hosting the Grand Slam of the Asia-Pacific is part of what makes Victoria the sporting and major events capital of Australia – and the Victorian Government will make sure it stays that way.

That's why the Victorian Government announced $271.55 million in this year's budget to complete the third stage of the Melbourne Park redevelopment, featuring a new 5,000 seat show court arena.

This guarantees the Australian Open will remain in Melbourne until at least 2036.

Major upgrades to Rod Laver Arena’s truss and back of house will ensure it can attract and stage the biggest shows and productions in the world.

Fans can also look forward to a new and exciting range of food and beverage outlets, a wider concourse to get around more easily, improved access and facilities for people with a disability, and better bathrooms.

The 2018 Australian Open will take place from 15-28 January. Tickets are on sale now at ausopen.com