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Melbourne Industry Sectors
Melbourne leads the way in health, medical technologies and pharmaceuticals; transport, defence and construction technologies; food and fibre; digital technologies; new energy technologies; and professional services.
Not only does Melbourne excel in a range of diverse industries, it also has an outstanding track record for hosting large global conferences, including the Rotary International Convention (RICON23) which brought together more than 14,000 Rotarians from 120 countries.
Health and medical
Nicholas Opie with the Stentrode © Melbourne University / Synchro
About 7,000 biomedical, health and medical students are located in the precinct.
Known for its game-changing innovations and initiatives, Melbourne is home to some of the world’s best scientific, creative minds and inventions. It was the birthplace of the bionic ear and is a leader in HIV research and nanotechnology.
Located at the edge of the city centre, the Melbourne Biomedical Precinct delivers clinical care, education and research. It is Australia’s most important life science cluster and there are only five of its calibre in the world. Collectively the precinct employs over 28,000 people including 10,000 researchers in 40 technology, engineering and medical facilities, all within close proximity of each other.
Technologies
Charlie McGill, CEO of ElectraLith, Monash Innovation Labs in the Monash Technology Precinct, VIC © Charlie McGill, CEO of ElectraLith
Melbourne has the world’s largest tram network, which is also totally offset by clean energy.
Melbourne has a diverse technologies industry, excelling in transport, defence and construction.
Its transport industry provides engineering and design services and develops new technologies and intelligent transport systems that are transforming the sector.
Melbourne’s defence industry is made up of more than 300 businesses and leads in military vehicle design, manufacture, assembly, and integration.
The Monash Technology Precinct is a major employment hub outside of Melbourne city, fostering innovation across various sectors including manufacturing, health, sustainability and education. It houses cutting-edge facilities like the A$2.5 million Hydrogen Technology Demonstration Facility, a joint venture between CSIRO and Swinburne University. This facility allows industry and researchers to test new hydrogen technology, contributing to advancements in clean energy solutions.
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