Economy

Melbourne's west has been through various phases in its economic history. It has experienced periods of growth and decline. 

During the second half of the 20th century, and especially during the decline of manufacturing in Australia in the 1970s and 1980s, it came to be a depressed region, and to be seen as such. 

Since the mid-1990s, there has been a renewed level of industrial activity within the West in conjunction with new housing estate development. 

Today, the fastest growing region in Australia is Melbourne's West. The region is now without a doubt one of the most dynamic and diverse in Victoria. 

Melbourne's west is growing rapidly to become an economic powerhouse with a strong knowledge economy.  The region's advantageous location and multifaceted infrastructure, coupled with a young and highly skilled workforce, provides for significant business opportunities. 

Melbourne's West Export Network, supported by Austrade, the Department of Innovation, Industry and Regional Development and the councils of Melbourne's west, is available to help businesses grow into successful exporters.

The Western Region Business Club is a networking event aimed at businesspeople and professionals from small to medium sized firms in Melbourne's Western Suburbs.

LeadWest's Western Agenda details some of the ways in which we are helping to foster the sustainable economic development of Melbourne's west.