SGS’s November 2008 Melbourne Quarterly Seminar “Economic Outlook for Melbourne: Current Challenges, Future Forces” described key characteristics of Melbourne’s economy; identified the underlying drivers of Melbourne’s future economic growth and; how urban policy can help maintain a healthy economy for the city in the long term. The analysis suggested that Melbourne’s economy is still in reasonable shape, although leading indicators are weakening, it is not disastrous.
The seminar looked at a wide range of key data for Melbourne, including population, employment, retail trade, job vacancies, building approvals, economic growth rates, and population projections. It also drew on SGS’s understanding of how people and jobs are distributed across the space of the metropolitan area, using mapping from in-house modelling.
Seminar presenter Terry Rawnsley is an SGS Senior Consultant and a key contributor to analytical thinking at SGS.