Passive,The wide range of industries and employment means it...

  1. 3,704 Posts.
    Passive,

    The wide range of industries and employment means it does not boom as much as Perth but does not slow down as much either, it is a more amortised growth over the decades.

    Speaking generally, Melbourne Metro has outgrown all other cities over the past 100 years. According to Jan Somers' book Melbourne metro has averaged 13.5% compounding over the past 100 years whereas Sydney metro has averaged 12.5% compounding.

    I would be happy to see if anyone can confirm/deny Ms.Somers' data as I have not found 100 year data for the two cities. It seems an extraordinary growth figure for such a length of time, I would love to see how accurate it really is.
 
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