People from all over the world have long looked to Melbourne for opportunity and have been fortunate in finding it here. With strong government support, Melbourne has thrived on a high concentration of foreign investment.
MELBOURNE’S INDUSTRIAL JOURNEY
Services and advanced manufacturing
Post the 1990’s
In response to growing international competition and technical advances, Melbourne transitioned into a knowledge driven, skills-based, and, increasingly export-oriented economy.
A growing and sophisticated services sector was complemented by Victoria’s position as Australia’s leader in advanced manufacturing. It also became a thriving and cosmopolitan global city.
