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Melbourne's economy

How the city earns, and what things cost.

  • Melbourne is Australia's second-largest economy, services-led and diverse.
  • Key industries: education (a large international-student sector), healthcare, finance and professional services, construction, and hospitality and tourism.
  • The currency is the Australian dollar; prices include 10% GST; tipping is uncommon.
  • Living costs are high, though housing is generally cheaper than Sydney.
Sources
Australian Bureau of StatisticsInvest Victoria

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