For more information, and illustrations, of Australian 0 gauge models, including live steam, please see the book Spring, Spark & Steam by Bruce Macdonald.
For Australian live steam models on the web, including 0 gauge railway models, see Tony Muir's truly wonderful site Australian Toy Steam where there are catalogue illustrations and photos of the Victor 0-4-0 steam loco.
Little information is available about this manufacturer, with few product examples and records surviving. Various steam engine models were available through distributors, including EG Page and Co and Walther and Stevenson Ltd of Sydney, but the product origins are unknown. The illustration below has been copied from the National Museum Australia web site, which is hosting the Bruce Macdonald model train collection.
Queensland Railways steam locomotive, made from pressed and cast metals by Victor Models in the 1930s.