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Melbourne's North offers one of the lowest risk business
environments in Australia and the Asia-Pacific region. It is
underpinned by stable economic and political systems that can
deliver a high degree of confidence to business choosing to
establish a base in Melbourne's North - reflected in Victoria's AAA
credit rating from Standard and Poors.
Australian cities are among the world's safest and least
expensive. Melbourne ranks as one of the world's most liveable
cities, ahead of Sydney, and is one of the safest, with world-class
health and education services. Source: Washington
Population Crisis Committee (2001).
Melbourne is also a less expensive place to live than Sydney
(see further down in this section and graph in liveability
section).
Melbourne's North is the location of world leading companies in
biotechnology (CSL Bio Plasma), environment technology (Visy
Recycling) and digital technology (Artoon).
The region is an advanced manufacturing hub (Continental, Ford
and South Pacific Tyres), producing around 30% of Victoria's
manufactured products, and a leading provider and exporter of
education services (Kangan Institute, La Trobe University, NMIT
and RMIT University).
Each year more small, medium and large businesses are investing
in and re-locating to Melbourne's North, capitalising on the
region's competitive advantages.
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