With industries like manufacturing disappearing, and retail under pressure, is there anything left in Victoria that has a bright economic future? I can't see any standout industries or sectors.
I see Sydney being the financial hub of the country, Perth has mining etc. But what does Melbourne, or Victoria, have? I can't see any natural assets or qualities that would bring jobs and economic growth
On the negative side, it's getting expensive to live, traffic congestion is worsening and weather is terrible. High AUD is also hitting the overseas education market. Cost of housing is still quite high
On a positive note there's good restaurants. (If you live in Melbourne, have you noticed how many retail spaces are now restaurants/cafes?) And good coffee too