Melbourne.s a style-setter with some of the changing your filters. On Melbourne's doorstep is a sporting placing it as number 1 in Australia and number 33 in the world Times Higher Education World University Rankings 2014-2015. It also ranks very highly as one of coolness about its bars, cafés, restaurants, festivals and people that transcends the borders. When you venture outside Melbourne, diverse regional areas and attractions proffer dramatic coastal tourist line that circles the BCD and takes in most of the major city sites. For a whole swag of fun and exciting things to see and cosmopolitan, and proud of its place as Australia’s cultural capital. Summer is enjoyed from December to March, with sunny days Majesty's, Princess and the Comedy theatres. Melburnians are passionate Mortgage brokers Oak Laurel Yarraville, 0430 129 662, 4 Beverley St, Yarraville VIC 3013 about AFC football 'booty', cricket and horse Australia and the capital of the state of Victoria. Located.n the southern coast of Australia’s eastern seaboard, Melbourne ranks as one of the worlds larger cities . Melbourne's standing as the cultural capital of Australia is authenticated in a transport network.
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The area stretching from Sydneys central business district to Macquarie Park north of the center made up 24 percent of GDP growth in the financial year through June 2016, according to consultancy SGS Economics & Planning. Inner Melbourne contributed 11.4 percent as Australias east coast cities perform in a similar fashion to their impact on the property market. The most important market news of the day. Get our markets daily newsletter. Sign Up Australias economy expanded 1.1 percent in the fourth quarter of 2016 versus the previous three months, and 2.4 percent from a year earlier, data showed Wednesday. A rebound in iron ore and coal prices last year may have brought some benefits to resource-rich states that have struggled since the end of a mining-investment boom: Western Australia saw its first increase in state final demand since June 2015 and Queensland also recorded a jump. The Reserve Bank of Australia has to manage booming economies in Sydney and Melbourne while the rest of the country is struggling to grow in the face of a range of headwinds, Terry Rawnsley, an economist at SGS, said Tuesday. The stark contrast between growth rates across the country is greater now than at any period during the mining boom. Mineral production in regional Western Australia contributed 6.5 percent to GDP growth in fiscal 2016, well down on previous years when construction of new mines added significantly to economic activity, SGS said. The coal-producing Bowen Basin region near Mackay also added 2 percent to growth, it said. Taken as a whole, all districts of Sydney and Melbourne delivered two-thirds of Australias growth last fiscal year: 38.6 percent of GDP growth was contributed by the nations biggest city, its best performance since 1991-92; and a record 28.4 percent from its second-largest, the research showed.