Columns
Residents' Association Image

Residents' Association

Residents’ Association never sleeps
Read more >>

Business in Southbank Image

Business in Southbank

Dine Pink at Southgate!
Read more >>

St Johns Southgate Image

St Johns Southgate

St Johns Southgate 2017 Art Prize
Read more >>

Owners Corporation Law Image

Owners Corporation Law

The times they are a-changin’
Read more >>

Federal Politics Image

Federal Politics

Terror we can avoid
Read more >>

We Live Here Image

We Live Here

A look back at what's been happening
Read more >>

Southbanker Image

Southbanker

Running for life
Read more >>

History Image

History

Southbank was radio-active!
Read more >>

Yarra River Business Association Image

Yarra River Business Association

Looking for the reset button for river businesses
Read more >>

Skypad Living Image

Skypad Living

Litter from the heavens
Read more >>

Councillor Profile Image

Councillor Profile

The making of a lord mayor
Read more >>

Pets Corner Image

Pets Corner

Rocket to the city
Read more >>

Southbank Fashion Image

Southbank Fashion

Spring racing in Southbank
Read more >>

Street Smarts Image

Street Smarts

Power Street – Southbank
Read more >>

Letters Image

Letters

In support of low-rise
Read more >>

MCEC an economic driver

08 Oct 2015

MCEC an economic driver Image

For the third year in a row, Melbourne Convention and Exhibition Centre’s (MCEC) end of financial year figures have exceeded all previous year-end results.

The Southbank institution recorded a total operating revenue of $76.3 million and pumped almost $1 billion into the Victorian economy.

For the first time MCEC has, through an exclusive report conducted by Ernst and Young, measured the economic and social value of its business events over a 12-month period.

In 2014/15, MCEC played host to 918 events and welcomed 724,000 business event visitors through its doors.

MCEC trust chairman Bob Annells said the encouraging results and the forthcoming expansion of the centre meant the business had never been in better shape.

“We are committed to continually providing a strong return on investment made by the Victorian State Government, which sees us play a key role in supporting the local economy while remaining Australia’s venue of choice for business events,” he said.

In post-event surveys conducted in 2014/15, exhibitors overwhelmingly reported that the major benefits of exhibiting at MCEC included improved brand awareness as well as leads for future business.

MCEC chief executive Peter King said the results further highlighted the positive impact that the centre was having on the local business community everyday.

“It’s pleasing to see that our exhibitors are realising the value of networking to produce better research and business investment outcomes locally, nationally and globally,” he said.

“MCEC really is a valuable community asset and a world class venue. All Victorians should be delighted to see evidence of this success story and the contribution the venue makes to the economy.”

Stay in touch with Southbank. Subscribe to FREE monthly e-Newspaper.

You must be registered with Southbank Local News to be able to post comments.
To register, please click here.