Melbourne is the second most populous city in Australia, with a metropolitan area population of approximately 3.81 million (2007 estimate). Located around Port Phillip Bay in Australia's south-east, Melbourne is the state capital of Victoria .

Melbourne is a major centre of commerce, industry and cultural activity. The city is often referred to as Australia's 'sporting and cultural capital' and it is home to many of the nation's most significant cultural and sporting events and institutions. It has been recognised as a gamma world city by the Loughborough University group's 1999 inventory. Melbourne is notable for its mix of Victorian and contemporary architecture, its extensive tram network and Victorian parks and gardens, as well as its diverse, multicultural society. It was the host city of the 1956 Summer Olympics and the 2006 Commonwealth Games.

The city centre is well known for its historic and attractive lanes and arcades which contain a variety of shops and cafes. The CBD and surrounds contain many historic buildings such as the Royal Exhibition Building, the Melbourne Town Hall and Parliament House.

Melbourne is often referred to as Australia's garden city, and the state of Victoria was once known as the garden state . There is an abundance of parks and gardens in Melbourne, many close to the CBD with a variety of common and rare plant species amid landscaped vistas, pedestrian pathways and tree-lined avenues. There are also many parks in the surrounding suburbs of Melbourne, such as in the municipalities of Stonnington, Boroondara and Port Phillip, south east of the CBD.

Melbourne is home to Australia's busiest seaport and much of Australia's automotive industry, which include Ford and Toyota manufacturing facilities, and the engine manufacturing facility of Holden. It is home to many other manufacturing industries, along with being a major business and financial centre. The city's port, Australia's largest, handles more than $75 billion in trade every year and 39% of the nation's container trade.

Melbourne retains a significant presence of being a financial centre for Asia-Pacific. Two of the big four banks, NAB and ANZ, are headquartered in Melbourne. The city has carved out a niche as Australia's leading centre for superannuation (pension) funds, with 40 per cent of the total, and 65 per cent of industry super-funds. Melbourne is also home to the $40 billion-dollar Federal Government Future Fund. The city is headquarters for many of Australia's largest corporations, including five of the ten largest in the country (based on revenue) (ANZ, BHP Billiton, the National Australia Bank, Rio Tinto and Telstra); as well as such representative bodies and thinktanks as the Business Council of Australia and the Australian Council of Trade Unions. Melbourne rated 34th within the top 50 financial cities as surveyed by the Mastercard Worldwide Centers of Commerce Index (2007), between Barcelona and Geneva, and second only to Sydney (14th) in Australia.

Tourism also plays an important role in Melbourne's economy, with approximately 7.6 million domestic visitors and 1.88 million international visitors in 2004.

Source: Wikipedia. All text is available under the terms of the GNU Free Documentation License



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