Melbourne leads The Economist’s liveability rankings for a fifth consecutive year, receiving a perfect score for healthcare, education and infrastructure.
The Economist Intelligence Unit’s (EIU) Liveability Index ranks 140 cities each year on those topics, as well as stability, culture and environment. The rankings are the result of scores for “lifestyle challenges” in 140 cities worldwide. Melbourne scored 97.5. Vienna was voted second with Canada’s Vancouver, Toronto and Adelaide following. The report also noted Melbourne’s relatively low crime rate as one of the main reasons it outranked other high-performing cities.
While the report’s findings were welcomed, constructive commentary has followed since its release on August 19th. Melbourne’s Lord Mayor Robert Doyle said the city’s infrastructure was lacking and noted there were problems with road congestion. His comments were echoed by Committee for Melbourne’s chief, Kate Roffey who was reported to say “While Melbourne ranked well in both The Economist survey and a recent ranking by Monocle magazine, Melbourne still had much to do regarding city-shaping infrastructure projects, maximising access to jobs … and making sure we remain a liveable city for everyone by providing more affordable housing”.
Melbourne’s number one liveability ranking combined with Australia’s 15th position in The World Bank’s Ease of Doing Business places Melbourne as the ideal location for internationals establishing or expanding in the Asia Pacific region. To speak with our International Business Advisory team, please contact Hall Chadwick Chartered Accountants Melbourne.