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It is now Australia's second fastest-growing city
- The city's economy is shifting quickly and despite experiencing the drawbacks of losing much of its heavy manufacturing, it is seeing much growth in other tertiary sectors, positioning itself as one of the leading non-capital Australian cities. It is now Australia's second fastest-growing city.
en.wikipedia.org/wiki/Geelong
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It is now Australia's second fastest-growing city. [20] Geelong is regarded as the "Gateway City" [ 21 ] due to its critical location to surrounding western Victorian regional centres, providing a transport corridor for surrounding regions to the state capital Melbourne.
Oct 8, 2023 · Geelong is among Australia’s fastest-growing regions. Now community leaders want renewal in its CBD and vastly improved infrastructure to match the soaring population.
Jun 5, 2020 · Geelong’s population is growing fastest out of Australia’s 25 largest cities, according to recently-released data from a demographic analysis group. The city’s growth of 14.2 per cent over five years to June 2019 outstripped Melbourne at 13.3 per cent, according to population group .id.
Feb 19, 2018 · “Geelong is Victoria’s second-largest city and Australia’s second fastest growing city, and its economy is rapidly diversifying,” Mr Fletcher said. “The City Deal offers an opportunity for three levels of government to come together to develop a plan to further stimulate that growth and diversity.”
- Victorian Chairman, KPMG Australia
- Five Key Insights
- Five Measures of Success
- KPMG
- Demographics from KPMG Economics team
- Establish
- Participants
- Andrew Yates
- Anna Burgess
- Ben Flynn
- Brett Ince
- Damien Foster
- David Buchanan
- Jennifer Conley
- Joe Calafiore
- Kaarina Phyland Paul Davis
- Keith Baillie
- Rebecca Bartel
- Tennille Bradley
- Jennifer Conley, Chief Executive Officer, Geelong Manufacturing Council
- Lifestyle
- Proximity to Melbourne
- Tales of Success, Opportunities for Growth
- Population Growth 7%
- Education, skills and training
- Local groups and associations
- Government programs
- Grant programs
- Scaling up business
- Global programs growing local businesses
- A Vision for Regional Business Success
- Gross regional product/ turnover 7%
- Employment and jobs
- Shared prosperity
- Local business opportunities or investment
- Regional or population growth
- Liveability and lifestyle
- Inbound investment and business attraction
- Digital enablement, smarter companies, new technologies
- Development and infrastructure
- Geelong as a community of choice and hub for employment
- Transport
- Digital enablement, smarter companies, new technologies
- Actions and Responsibilities
- Leadership, vision, strategy and collaboration
- Development and Planning
- State government
- Collective approach
- Local Council
- Private enterprise and business
- State government
- Industry bodies
- Insights and Measures
- Prosperity needs to be shared
- The ‘Geelong Lifestyle’ is a huge magnet
- Prosperity needs to be shared
- Leadership and collaboration are required to drive growth
- Understanding common goals will achieve shared outcomes
- Labour market
- Economic growth
- Business growth and diversity
- Labour
- Inbound investment and business
- Shared prosperity
- KPMG’s Commitment to Geelong
- KPMG.com.au
I am delighted to present KPMG's first Geelong Economic Blueprint. The Blueprint highlights Geelong's remarkable transformation. From its roots as a manufacturing town, it has emerged as a thriving and vibrant city in one of Australia's fastest-growing regions. This Blueprint captures the essence of Geelong's journey, exploring its past successes, ...
The ‘Geelong Lifestyle’ is a huge magnet Geelong has all the elements needed for sustained business growth Prosperity needs to be shared Leadership and collaboration will drive growth Understanding common goals will help achieve shared outcomes.
Economic growth (GRP and GRP per capita) Business growth and diversity Labour market (employment and education) Inbound investment and business Shared prosperity (median income and disposable income)
Interviews comprised both set questions and deeper discussions to explore specific issues.
These questions were a key component in our participant interviews and formed the basis of this Blueprint.
What do you believe are the key factors driving growth in Geelong? What are the biggest advantages to economic growth in the region compared to Melbourne, other parts of Regional Victoria and other parts of Australia? Which industries have the greatest potential to drive economic growth in our region?
This study used a specific sampling strategy to recruit participants who could provide a comprehensive and diverse perspective on the growth of the local economy and businesses in the Greater Geelong Region. Our sample covered a cross-section of the business community, including owners, founders, leaders and other influential stakeholders from the ...
Executive Manager – South West Victoria Commonwealth Bank of Australia
Executive Director, Strategy & Planning Barwon Health
Chief Executive Officer Geelong Chamber of Commerce
Regional Director, Barwon South West Regional Development Victoria
Chief Operating Officer, Business Solutions Morris Finance
Chief Executive Officer Advanced Fibre Cluster Geelong
Chief Executive Officer Geelong Manufacturing Council
Chief Executive Officer Transport Accident Commission
Chief Executive Officer Wadawurrung Traditional Owners Aboriginal Corporation Acting Chief Executive Officer City of Greater Geelong
Chief Executive Officer gforce employment + recruitment
Senior Commercial & Strategic Partnerships – Government & Industry Deakin University
Manager Business & Industry Experience City of Greater Geelong
Participant responses were categorised and percentages calculated based on the overall volume. Key Growth Drivers
More than half our respondents cited the lifestyle as the reason people live in or move to Geelong and surrounds. The area has some of the world’s best beaches, there’s a large metro centre just 30 minutes from open countryside and there’s easy access to the Bellarine Peninsula, Surf Coast and Great Ocean Road. There are excellent education and hea...
Half of the people we interviewed mentioned Geelong’s proximity to Melbourne was a growth driver. It’s close enough to the city to be easily accessible, but not so close as to lose its identity. Migration to Geelong increased during the Covid-19 pandemic, particularly from Melbourne. This accelerated population growth in the region. The commute fro...
Geelong, historically, has seen remarkable success in its business landscape, with numerous local success stories of business growth. This vibrant city has been home to entrepreneurial ventures that have flourished and made significant contributions to the local economy. When exploring this topic, we sought to identify local success stories and und...
Participant responses were categorised and percentages calculated based on the overall volume. Interviewees were asked, “Are there any existing programs or potential programs, locally or elsewhere, that would help us to achieve growth in our local businesses and economy?” Responses to the question, in the main part, identified issues for growing bu...
Many respondents identified education, skills and training as a key or critical factor to ongoing business growth. Participants discussed the opportunity to expand training programs to be more inclusive of business needs and for existing workers, augmenting the existing programs for students leaving secondary education. Several others mentioned the...
Local organisations that support business were seen as another key opportunity to drive business growth. Participants mentioned many organisations, however only a few noted programs that specifically aid business growth. The growth programs noted were often highly targeted at an industry or geography, such as the Geelong Manufacturing Council’s Lea...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
The information contained in this document is of a general nature and is not intended to address the objectives, financial situation or needs of any particular individual or entity. It is provided for information purposes only and does not constitute, nor should it be regarded in any manner whatsoever, as advice and is not intended to influence a p...
Apr 4, 2024 · Greater Geelong's population has continued to surge according to the latest official ABS data. Geelong is the fourth fastest growing Significant Urban Area* in the country over the past decade, only behind the much smaller areas of Warragul – Drouin, Bacchus Marsh and Airlie Beach – Cannonvale.
May 6, 2024 · Geelong is one the fastest growing cities in Australia, with a positive future on the horizon, according to new research.
