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Questions over local job growth

09 Oct 2018

Questions over local job growth Image

By Meg Hill

City of Melbourne Census of Land Use and Employment (CLUE) data shows some shaky growth trends in Southbank over the past 10 years.

Growth has been sporadic over the top three employing industries – arts and recreation services, business services and manufacturing – for the past decade.

Arts and recreation services recorded a loss of almost 25 per cent from 2007 to 2012, and had only regained a fraction of that in 2017.

Business services grew by 2624 jobs from 2007 to 2012, but only 301 from 2012 to 2017.

Manufacturing fell from 5128 jobs in 2012 to 4226 in 2017.

“Southbank has been transforming into an extension of the Central City, which began the process of urban renewal in the 1990s,” the CLUE report said.

“The vast majority of residents live in high-rise apartments, the tallest of which is Eureka Tower, at 300m tall.”

In terms of employment types – part-time, casual, full-time and contractor – all have recorded growth except contracting.

Built floor space is up to four million square metres from 2.7 million in 2007.

Out of the three top space uses – parking, office and residential accommodation – apartments have grown the most: at one million square metres it’s grown by 54 per cent over the past 10 years.

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