ECONOMIC PROFILE
2018
BANYULE ECONOMIC PROFILE 3
CONTENTSBANYULE OVERVIEW 5-8
BANYULE JOBS 9-12
INDUSTRY FOCUS 13-16
BANYULE RESIDENTS 17-19
BANYULE PROPERTY 20-25 AND PROJECTIONS
BANYULE ECONOMIC PROFILE 5
Banyule Council supports a strong and successful local economy, where businesses prosper. This Economic Profile is a useful tool for those already doing business in Banyule or wishing to invest.
The profile informs Council's Economic Development Plan, which identifies what Council is doing to drive economic growth in Banyule.
ECONOMIC PROFILE
Broadmeadows
Greensborough
Roxburgh
GladstonePark
Glenroy
Heidelberg
Coburg
Brunswick
South Morang
MELBOURNE NORTHERN SUBREGION
Epping
Broadmeadows
MELBOURNEAIRPORT
ESSENDONAIRPORT
MELBOURNECENTRAL BUSINESS
DISTRICT
Diamond Creek
Eltham
Greensborough
UniversityHill
South Roxburgh
GladstonePark
Glenroy
Reservoir
IvanhoeNorthcote
Preston
Heidelberg
Coburg
Brunswick
Yarra River
Northern subregion boundary
City of Banyule boundary
Road network
Rail network (including stations)
Tram network
Open space/parkland
Waterway
Health precinct
Education node
Banyule activity centre
Montmorency
St Helena
Macleod
Rosanna
Ivanhoe East
Bundoora
La TrobeUniversity
Lower Plenty
Diamond Village
Eaglemont
Diamond Creek
Eltham
Northcote
Preston The Mall
Ivanhoe
Watsonia
BANYULE OVERVIEW
Banyule is less than 30 minutes from the Melbourne CBD
LOCATIONThe City of Banyule is located in Melbourne's north-eastern suburbs, between 7 and 21 kilometres from the Melbourne CBD. Banyule is an established residential area with significant open spaces and parklands.
Banyule has three main activity centres within the suburbs of Greensborough, Heidelberg and Ivanhoe, which include retail, office and other commercial space. Major features include Simpson Army Barracks, Austin Hospital, Melbourne Polytechnic and Greensborough Shopping Centre.
Council recognises that the municipality of Banyule is on the traditional lands of the Wurundjeri willam. The name 'Banyule' comes from the local Woiwurrung language and means 'hill'.
76%
17%
7%
Residential
Parkland
Other
BANYULE LAND USE
BANYULE ECONOMIC PROFILE 4
City of Banyule boundary
Road network
Rail network
Tram network
Health precinct
Education node
Major activity centre
Local activity centre
Industrial precinct
Employment cluster
BANYULE ECONOMIC PROFILE 7
POPULATION
The municipality has an older age profile compared to Greater Melbourne. Older adults aged 50+ years make up 36% of Banyule’s population compared to 31% of the population in Greater Melbourne.
CULTURAL DIVERSITYBanyule is a culturally and linguistically diverse municipality. Residents come from over 140 countries and around 120 different languages are spoken at home.
More than one in five Banyule residents (22%) speak a language other than English at home. The main non-English languages spoken are: Mandarin, Italian, Greek, Cantonese and Arabic.
23% of residents are born overseas. Between 2011 and 2016, there was significant growth in the number of residents born in China (+1,111 persons, 47% increase).
HOUSEHOLDSThere are over 46,000 households in Banyule. The main household type is couples with children (34%).
DWELLINGS The majority of Banyule households live in separate houses (76%). Between 2011 and 2016, there was a decline in the number of separate houses and an increase in the number of medium and high density dwellings.
SOCIO-ECONOMICBanyule has a higher than average socio-economic profile compared to Greater Melbourne. However, there are pockets of disadvantage in the municipality.
Banyule’s Estimated Resident Population for 2017 is 129,341
FORECAST
From 2018 to 2036, forecasts indicate:
• around 15,900 more residents
• older adults (aged 50+ years) will make up 37% of the population, up from 35% in 2018
• 10% increase in population of working age (15-64 yrs)
• 27% increase in population of retirement age (65+ yrs)
GROSS REGIONAL PRODUCT
Banyule’s economy has steadily grown over the past decade from a Gross Regional Product (GRP) of $4.7 billion in 2007 to $5.7 billion in 2017.
GRP is the amount of wealth generated by businesses, organisations and individuals working in the area.
BANYULE OVERVIEW
Banyule’s population is forecast to grow to 147,098 by 2036
$
2007
2009
2011
2013
2015
2017
$4.7
$4.8
$5.0
$5.0
$5.1
$5.7
ECONOMIC GROWTH ($BN) from 2006 to 2017
POPULATION FORECAST
131,178
2018 2027 2036
140,639147,098
BANYULE ECONOMIC PROFILE 9
Banyule had 10,751registered businesses in 2017
BUILDING APPROVALS
There has been a gradual upward trend in the value of building approvals in the last ten years, from $278 million in 2007/08 to $521 million in 2016/17.
Residential Non-Residential
TYPE OF BUILDING APPROVALS
64%
36%
JOBS
Health care and social assistance is the largest employer, generating 15,117 (31%) local jobs. Education and training is the next highest employer, followed by retail trade.
Industries with the largest drop in job numbers (from 2014/15 to 2016/17):
• Manufacturing (-186)• Wholesale trade (-171)• Financial & insurance
services (-36).
Overall, from 2014/15 to 2016/17, the number of jobs in Banyule increased by nearly 3,000.
There were 48,122 jobs in Banyule in the financial year ending June 2017
THE TOP 3 INDUSTRIES WITH THE LARGEST GROWTH
IN JOB NUMBERS (from 2014/15 to 2016/17)
+1,161HEALTH CARE & SOCIAL ASSISTANCE
+1,026 CONSTRUCTION
+392EDUCATION & TRAINING
HOURS WORKED
Full-time work varies across industries. For example:
• less than half of those employed in the retail trade industry work full-time (39%).
• almost half of those employed in health care and social assistance work full-time (49%).
• over half of those employed in the education and training industry work full-time (52%).
• the majority of those employed in the construction or manufacturing industries work full-time (75%).
PROPORTION OF WORKERSWORKING PART TIME
45%
36% 37%
Banyule GreaterMelbourne
VIC
BANYULE JOBS
BANYULE OVERVIEW
REGISTERED BUSINESSES
The largest increase in the number of registered businesses between 2014 and 2017 were:
• Construction (+162 businesses)
• Transport, postal and warehousing (+130 businesses)
• Financial and insurance services (+116 businesses).
TOP 3 INDUSTRIES WITH THE MOST REGISTERED BUSINESSES
(as a % of all businesses)
19% CONSTRUCTION
15% PROFESSIONAL, SCIENTIFIC & TECHNICAL
SERVICES
11% RENTAL, HIRING & REAL ESTATE SERVICES
$
No employees
1-4 employees
5-19 employees
20 or more employees
63%
28%
7%1%
PROPORTION OF EMPLOYING AND NON-EMPLOYING
BUSINESSES
BANYULE ECONOMIC PROFILE 11
AGE GROUP
Compared to male workers, female workers were:
• more likely to have completed a bachelor or higher degree (44% compared to 32%)
• more likely to have worked part-time (58% compared to 28%)
• more likely to be employed in health care & social assistance and education & training
• less likely to have earned a higher income ($1,750 per week or more).
Compared to Greater Melbourne, Banyule has:
• a similar proportion of younger workers aged 15-24 years (14%)
• a lower proportion of the working age group 25-54 years (64% compared to 69%)
• a higher proportion of older workers aged 55+ years (22% compared to 17%).
GENDER QUALIFICATION
Within Banyule, there are more workers with health qualifications than any other field.
OCCUPATION
In combination these three occupations account for 58% of all workers in Banyule.
Compared to Greater Melbourne, people who work in Banyule are:
• more likely to be professionals (31% compared to 25%)
• more likely to be community & personal service workers (14% compared to 10%).
In Banyule, 43% of workers are male and 57% are female.
In Greater Melbourne, 52% of workers are male and 48% are female
BANYULE JOBS
WORKERS WITH HEALTHQUALIFICATIONS
18% BANYULE
PROFESSIONALS 12,691 PEOPLE
8% VICTORIA
TECHNICIANS & TRADES5,192 PEOPLE
GREATER MELBOURNE7%
COMMUNITY & PERSONAL SERVICE
WORKERS5,517 PEOPLE
TOP 3 OCCUPATIONS IN BANYULE
An increasing proportion of workers have a tertiary qualification
(e.g. midwives, nurses, school teachers, medical
practitioners, etc)
(e.g. personal carers and assistants, hospitality
workers, child carers, sports and fitness workers, etc)
(e.g. food trades, medical and
science technicians, bricklayers, carpenters,
electricians, etc).
31%
14%
13%
Half of the people who work in Banyule (50%) have a tertiary qualification and nearly one in five (19%) have a certificate.
BANYULE ECONOMIC PROFILE 13BANYULE ECONOMIC PROFILE 12
INCOME RESIDENTIAL LOCATION OF WORKERS
In Banyule, the financial and insurance services industry has the highest proportion of workers earning a high income (25%), followed by the professional, scientific and technical services industry (24%).
In 2016, 36% of workers in Banyule were local residents.
Whittlesea, Nillumbik and Darebin are the top three places of residence outside of Banyule for its workforce.
$ INDUSTRY OVERVIEW
In combination these three industries account for 52% of workers.
The major difference between the jobs held by workers in Banyule compared to Greater Melbourne is the larger proportion of workers employed in health care and social assistance (31% in Banyule compared to 12% in Greater Melbourne).
INDUSTRY FOCUS
Health care and social assistance is the largest employer in Banyule
HEALTH CARE & SOCIAL ASSISTANCE
Health care and social assistance is the largest employer in Banyule. It is also the most productive industry, generating $1,166 million in 2016/17, up $49 million from the previous year.
In Banyule, the majority of health care & social assistance workers:
• work in a hospital (55%)
• are aged 15-44 years (54%)
• are female (78%)
• have a professional occupation (53%)
• have a bachelor or higher degree (58%).
BANYULE JOBS
GROSS WEEKLY INCOME OF WORKERS IN BANYULE
RESIDENTIAL LOCATION OF WORKERS
21%
32%
45%
Under $500
$500-$999
$1000+
$$$
Live & work in Banyule
Work in Banyule but live elsewhere
64%
36%
LARGEST 3 INDUSTRIES IN BANYULE
IN RELATION TO THE NUMBER OF JOBS
(AS A % OF TOTAL JOBS ACROSS ALL INDUSTRIES)
HEALTH CARE & SOCIAL ASSISTANCE
(15,117 jobs)
10%
11% EDUCATION & TRAINING
(5,251 jobs)
EMPLOYMENT LOCATION - HEALTH CARE & SOCIAL
ASSISTANCE
14% of the people who work in Banyule earn a high income (gross $1,750 or more per week)
RETAIL TRADE(4,726 jobs)
The greatest number of health care & social assistance
workers are located in Heidelberg.
(6,278 WORKERS)
31%
BANYULE ECONOMIC PROFILE 15BANYULE ECONOMIC PROFILE 14
CONSTRUCTION MANUFACTURING
In the past ten years, employment in the construction industry has gradually increased.
The construction industry has:
• the fourth largest number of employees (4,394)
• the second most productive industry, generating $480 million in 2016/17 (up $116 million from the previous year)
• the largest number of registered businesses (2,068).
Across Australia there has been a decline in the manufacturing industry. Compared to ten years ago there are now around 1,300 fewer manufacturing jobs in Banyule.
The manufacturing industry:
• employs over 2,700 workers in Banyule
• is the seventh most productive industry, generating $255 million in 2016/17
• was the second most productive industry ten years ago.
INDUSTRY FOCUS
EDUCATION & TRAINING
Education and training is one of the main industries in the area and has:
• the second largest number of employees (5,251)
• the fourth most productive industry, generating $331 million in 2016/17.
Adult, Community and other
Preschool
School Education
Tertiary
73%
13%
8%
6%
PROPORTION OF EMPLOYMENT ACROSS EDUCATION SECTOR
The education & training industry is the second largest employer in Banyule
The construction industry is the fourth largest employer in Banyule
EMPLOYMENT LOCATION - CONSTRUCTION
EMPLOYMENT LOCATION - MANUFACTURING
The greatest number of manufacturing
workers are located in Heidelberg West and Heidelberg Heights.
(1,411 WORKERS)
The greatest number of construction
workers are located in Heidelberg West and Heidelberg Heights.
(625 WORKERS)
RETAIL TRADE
Employment data from 2006/07 to 2016/17 show there has been a downward trend in employment in the retail industry. Over the same period the value added and total sales ($m) in the industry has increased.
The retail trade industry:
• has the third largest number of employees (4,726)
• generated $282 million in 2016/17.
Proportion of young workers aged 15-24 years in retail: 36% in Banyule compared to 30% in Greater Melbourne.
EMPLOYMENT LOCATION - RETAIL TRADE
The greatest number of retail workers
are located in Greensborough(1,150 WORKERS)
BANYULE ECONOMIC PROFILE 17BANYULE ECONOMIC PROFILE 16
!
BANYULE RESIDENTS
OTHER INDUSTRIESThe public administration and safety industry is the third most productive industry, generating $361 million in 2016/17.
The professional, scientific and technical industry has become an important one for Banyule’s economy, generating $310 million in 2016/17.
The accommodation and food services industry generated $105 million in 2016/17.
The number of jobs in the arts and recreation services has slowly increased
LOCAL LABOUR FORCEIn Banyule, there are 62,341 residents in the labour force (defined as residents aged 15+ years who are employed or looking for work). Many are employed in health care and social assistance.
Compared to Greater Melbourne, characteristics of employed Banyule residents include a higher proportion:
• with tertiary qualifications (53% compared to 49%).
• of older workers aged 55-64 years (16% compared to 13%).
• that use public transport (17% compared to 15%).
• earning a high income ($1,750+ per week) (23% compared to 19%).
• working part-time (38% compared to 36%).
• with a professional occupation (30% compared to 25%).
INDUSTRY FOCUS
71% of Banyule’s employed residents, travel outside of the area to work
WORK LOCATION OF RESIDENTS
Of Banyule’s employed residents, 71% travel outside of the area to work.
The City of Melbourne, Darebin and Whittlesea are the top three work locations of Banyule residents.
One in five employed Banyule residents work in the City of Melbourne.
71%
4%
25%
Live in Banyule but work elsewhere
Live & work in Banyule
No fixed place of work
PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES
IS BANYULE’S FIFTH LARGEST EMPLOYER, GENERATING
2,843 JOBS IN 2016/17
PUBLIC ADMINISTRATION AND SAFETY
IS BANYULE’S SEVENTH LARGEST EMPLOYER, GENERATING
2,705 JOBS IN 2016/17
ACCOMMODATION AND FOOD SERVICES
HAS SEEN AN INCREASE IN ITS WORKFORCE
(FROM 2,601 JOBS IN 2014/15
TO 2,702 JOBS IN 2016/17)
BANYULE ECONOMIC PROFILE 19BANYULE ECONOMIC PROFILE 18
BANYULE RESIDENTS
Youth unemployment rates are generally higher than overall unemployment rates
TRAVEL TO WORK
The majority of Banyule’s employed residents travel to work by car (63%), followed by train (15%).
The suburb of Heidelberg has the lowest proportion (54%) that travel to work by car and St Helena - Eltham North has the highest proportion (75%).
3.4% or around 2,000 residents ride their bike or walk to work.
In the suburb of Yallambie, a higher than average proportion walk to work (10%), while in Heidelberg West - Bellfield, a higher than average proportion travel by bus (8%).
BETWEEN 2011 TO 2016 THE PROPORTION OF BANYULE
RESIDENTS THAT TRAVELLED TO WORK BY PUBLIC
TRANSPORT INCREASED FROM
14% TO 17% (+1,434 PERSONS)
YOUTH UNEMPLOYMENT
The youth unemployment rate in Banyule increased from 11% in the 2011 Census to 14% in the 2016 Census.
The youth unemployment rate in Banyule remains lower than the youth unemployment rate in Greater Melbourne.
2011 2016
YOUTH UNEMPLOYMENT RATE 2011-2016 (AGED 15-24 YEARS)
Greater Melbourne
Banyule
11.2 12.3
14.215.9
ENCOURAGING LOCAL SHOPPINGIn Banyule’s 2017 Household Survey, 85% of respondent households identified at least one aspect that could be improved to encourage them to shop more locally.
The top four aspects identified to improve local shopping:
• range of shops (61%)
• quality of shops (54%)
• car parking (47%)
• price (42%).
FAVOURITE SHOPPING PRECINCTOverall, Greensborough Plaza was identified as the most favourite shopping precinct by respondent households.
Northland Shopping Centre was the favourite for households in Banyule’s West Precinct (i.e. Heidelberg West/Bellfield and Heidelberg Heights).
Warringal (Burgundy St) was the favourite shopping precinct for households in Banyule’s Mid Precinct (i.e. Heidelberg, Macleod and Rosanna).
Ivanhoe (Upper Heidelberg Rd) was the favourite shopping precinct for households in Banyule’s South Precinct (i.e. Eaglemont, Ivanhoe and Ivanhoe East).
ONLINE SHOPPINGThe proportion of residents using the internet for online shopping has increased from 19% in 2008 to 43% in 2017.
70% of adults aged 20-44 years, use the internet for online shopping
UNEMPLOYMENT RATE
The unemployment rate in Banyule remains lower compared to the unemployment rate in Greater Melbourne.
At the suburb level, the March 2017 unemployment rate was lowest in Ivanhoe East - Eaglemont (1.3%) and highest in Heidelberg West (10.7%).
Unemployment rate, 2017
• Banyule 4.0%
• Melbourne 5.9%
• Victoria 5.8%
• Australia 5.7%
2013
2
4
6
8
2014 2015 2016 2017
UNEMPLOYMENT RATE MARCH QUARTER 2013-2017
Melbourne
Banyule
4.34.7 5.2
4.2 4.0
5.56.1
6.66.0 5.9
BANYULE ECONOMIC PROFILE 21BANYULE ECONOMIC PROFILE 20
RESIDENTIAL TRENDS
• Increased residential development, including rise in multi-unit developments (i.e. apartments and town houses).
• Growth currently concentrated in the south of the municipality.
• Future development to be focused in the six key Activity Centres.
NUMBER OF DWELLING APPROVALS IN BANYULE
JUNE 2011 – JUNE 2016
BANYULE ECONOMIC PROFILE 20
BANYULE PROPERTY AND PROJECTIONS
An economic information base was prepared in 2017 to identify trends that will be driving change and investment in Banyule and it’s six key activity centres – Heidelberg, Ivanhoe, Greensborough, Watsonia, Rosanna and Heidelberg West.
This section of the Economic Profile provides key highlights from the economic information base. More detailed analysis including projections and development considerations can be provided on request.
400 557691 765
1630
2011-12
2011-12
500
200
400
600
800
1000
1000
1500
1400
2000
1200
2012-13
2012-13
2013-14
2013-14
2014-15
2014-15
2015-16
2015-16
New other
Linear (New other)
New houses
Linear (New houses)
The number of residential developments has increased
NUMBER OF DWELLING APPROVALS BY TYPE OF DWELLING
JUNE 2011 – JUNE 2016
BANYULE ECONOMIC PROFILE 23BANYULE ECONOMIC PROFILE 22
ACTIVITY CENTRE CONTEXT Heidelberg MAC has the greatest concentration of jobs and floor space
Median property prices are higher in Banyule compared to Greater Melbourne
PROPERTY VALUES
BANYULE PROPERTY AND PROJECTIONS
INCREASE IN MEDIAN PROPERTY VALUES, HOUSE AND UNIT
BANYULE VS METROPOLITAN MELBOURNE, 2005 – 2015
JOBS BY ACTIVITY CENTRE2011
MEDIAN HOUSE PRICES BANYULE SUBURBS AND
METROPOLITAN MELBOURNE 2015
EXISTING FLOOR SPACE (SQM) BY ACTIVITY CENTRE
2016
EA
GL
EM
ON
T
20
05
IVA
NH
OE
EA
ST
20
06
IVA
NH
OE
IVA
NH
OE
MA
C
IVA
NH
OE
MA
C
20
07
HE
IDE
LB
ER
G
20
08
RO
SA
NN
A
RO
SA
NN
A N
AC
RO
SA
NN
A N
AC
20
09
VIE
WB
AN
K
20
10
WA
TS
ON
IA
20
11
MA
CL
EO
D
20
12
MO
NT
MO
RE
NC
Y
20
13
BE
LL
FIE
LD
20
14
20
15
HE
IDE
LB
ER
G H
EIG
HT
S
HE
IDE
LB
ER
G M
AC
HE
IDE
LB
ER
G M
AC
YA
LL
AM
BIE
GR
EE
NS
BO
RO
UG
H
GR
EE
NS
BO
RO
UG
H M
AC
GR
EE
NS
BO
RO
UG
H M
AC
BU
ND
OO
RA
ME
TR
O M
EL
BO
UR
NE
WA
TS
ON
IA N
AC
WA
TS
ON
IA N
AC
HE
IDE
LB
ER
G W
ES
T
HE
IDE
LB
ER
G W
ES
T N
AC
HE
IDE
LB
ER
G W
ES
T N
AC
$1,800,000
$1,600,000
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
200,000
150,000
100,000
50,000
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
Metro Melbourne Median House
Metro Melbourne Median Unit
Banyule Median House
Banyule Median Unit
UNDER CONSTRUCTION
CONSTRUCTION 0-2 YRS
CONSTRUCTION 3-5 YRS
POSSIBLECONSTRUCTION
6-10 YRS
TOTAL
HEIDELBERG HEIDELBERG WEST
TOTALROSANNA WATSONIA GREENSBOROUGHIVANHOE
114
441
62
617
178 68 360
612 194 1247
156 75 428135
135
75 38 113
1021 375 2148
NUMBER OF DEVELOPMENT SITES BY ACTIVITY CENTRE 2015
11,734
3,272 3,432
1,258 711 882
Commercial Medical RetailMAC: Major Activity CentreNAC: Neighbourhood Activity Centre
–
–
–
–
–
–
–
–
–
– –
– –
–
The $600,000 line represents the Melbourne Metropolitan Average
BANYULE ECONOMIC PROFILE 25BANYULE ECONOMIC PROFILE 24
FUTURE DEVELOPMENT AND EMPLOYMENT POTENTIAL
Projections indicate 21%-30%jobs growth by 2036
The number of dwellings in Banyule is forecast to increase
BANYULE PROPERTY AND PROJECTIONS
EMPLOYMENT
RETAIL (SQM)
COMMERCIAL (SQM)
HEALTH (SQM)
2036 PROJECTED GROWTH2016
47,000
252,000 309,000 +57,000
192,000 261,000 +69,000
–
57,000-61,000
+140,000 - 200,000
+10,000 - 14,000
MUNICIPAL ECONOMY PROJECTIONS SUMMARY 2016 – 2036
FORECAST
2016
50,652 53,938 56,257 58,124 60,034 469 0.85%
2021 2026 2031 2036 AVG. ANNUALADDITIONAL DWELLINGS
AVG. ANNUALGROWTH RATE
BANYULE DWELLING FORECAST TO 2036
ADDITIONAL FLOORSPACE DEMAND BY ACTIVITY CENTRE 2016 – 2036
Additional Retail Floorspace Additional Commercial Floorspace (inc Medical)
IVANHOEMAC
ROSANNANAC
HEIDELBERGMAC
GREENSBOROUGHMAC
WATSONIANAC
HEIDELBERG WEST NAC
160,000 SQM
140,000 SQM
100,000 SQM
80,000 SQM
60,000 SQM
40,000 SQM
20,000 SQM
FORECAST DWELLING DEVELOPMENT 2012 – 2036
Forecast development Total dwellings
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
20
21
20
22
20
23
20
24
20
25
20
26
20
27
20
28
20
29
20
30
20
31
20
32
20
33
20
34
20
35
20
36
800
600
400
200
80,000
60, 000
40,000
20,000
FO
RE
CA
ST
DE
VE
LO
PM
EN
T (
DW
ELLIN
G)
TO
TA
L N
UM
BE
R O
F D
WE
LL
ING
S
–
BANYULE ECONOMIC PROFILE 27BANYULE ECONOMIC PROFILE 26
NOTES DATA SOURCE• ABS Census of Population and Housing, 2011 and 2016
• Population forecasts prepared by .id, the population experts, November 2017
• Unemployment rates sourced from Small Area Labour Markets March 2017 quarter
• National Institute of Economic and Industry Research (NIEIR), 2016/17, compiled by .id
• ABS Counts of Australian Businesses, 2015-2017
• 2017 Banyule Household Survey
• Banyule Economic Information Base, Municipal and Activity Centre Assessment Reports 2017
BANYULE ECONOMIC PROFILE 28
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