This two hour school tour explores places in the city centre that tell historic and contemporary economic stories showing how Melbourne’s residents and the physical city have responded to ever-changing local and global economic events over time. We aim to make students excited about studies of economic and business by experiencing its affects in daily life. We also allocate identities to students of people who have influenced change in Melbourne.
In 2015-2016 Melbourne contributed 28.4 per cent of Australian GDP growth, the highest on record. Key assets include the lanes system, fine arts and sport, food, medical facilities, construction, financial services, tourism and international education services. It ranks 24 in the top world cities in the Global Financial Centres Index. What makes a city economically and globally successful? How has the physical city responded to people’s economic and social needs? The City also faces local and global economic threats and challenges. Tours are normally two hours starting and finishing at Federation Square www.fedsquare.com
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‘The Economic tour was extremely educational and engaging. A great experience for students and teachers. Both students and teachers gained a lot of knowledge. Will definitely be back again. Many thanks to Meyer and Eve for being amazing tour guides.’ Grade 6 teacher, Mt Hira College, March 2017.
Some places we may visit depending on venues being accessible and time available on the day:
The transforming city: 25 years ago there were 200 residents in the city centre. Today 50,000 an increase of 250 times. Voted six times worlds most liveable city. What is going on here?
a. Meeting place hub. The piazza Nearamnew celebrates two nations Australian and Kulin. One founded on a global sheep trade and global movements of people. The other a single ancient nation with internal trade. One founded on industrial revolution and individual acquisition. The other on communalism and self sufficiency.
b. Cultural and communications hub. Institutions of the square include NGV, ACMI, SBS , Atrium, Koorie Heritage Trust, BMW Edge, The plaza screen, Visitors Centre, Birrarung Marr. It also links to the MCG. Tourism and arts are huge economic drivers.
Flinders Street Station: First steam train 1854. Communications hubs are economic drivers in a vast country and small population. 800,000 visitors a day. Public transport crisis due to lack of past investment.
St Pauls cathedral.
Eureka demonstrations. Gold as a driver of immigration and wealth acquisition. Movements of people and capital. The Churches have huge economic holdings in property and shares used to deliver social services across Australia including nursing homes and schools. The value of volunteers in Victoria is equivalent to to 400,000 jobs and over 17b dollars.
Young and Jackson/Batmans home. Melbourne Treaty. Land as individual property vs land as communal and sacred.
Hosier /Flinders Lane: Demise of textile industry due to globalisation and tarrif removal. Old industries replacing new industries. The Arts industry. Art as promoter of safety and industry in the lanes. Homelessness services: social services are 19% of the economy. How can disparities of wealth affect social conflict and the economy.
BHP, Collins Street: first six star Green building in Victoria. Based in Melbourne BHP is the worlds largest miner and has operated in England, Colombia, South America, Canada, South Africa, Australia, Brazil, Suriname and New Guinea. Its Charter include sustainability and environmental responsiveness.
Town Square: Tribute to sister cities/ and global partnerships . The City of Melbourne is home to Australia’s most culturally diverse communities – 140. It attracts the largest proportion of international overseas immigrants (48,000) since 2006. How is Immigration an economic driver? How do migrants foster global relations?
Nicholas building. Bohemian Index theory Richard Florida. Art as an economic driver.
Degraves and Centre Place: Restructuring the lanes system for to promote venues for pedestrians accessing small businesses such as food, culture, retail, tourism. Walking is a key to economically successful cities.
Degraves subway: Creative spaces program to promote gathering places to promote safe spaces, promote economic tourism and vitalise venues for small businesses. Host city of the 1956 Summer Olympics, 2006 Commonwealth Games. Our major sporting events deliver a combined annual economic impact to Victoria of around $1.4 billion.
271 Collins St: NAB till 2007, Bank of Australasia 1872. Melbourne is home to two of Aust biggest four banks ie NAB and ANZ. The Great Crash 1893 . Depressions are a severe downtown in the economy. Responsible banks are essential. They loan money for business and individuals to buy goods such as cars and homes which grows the economy.
St Collins Lane. Retail business of the future. How does a 21 millenium building compare to the 19th C Block Arcade.
Block and Royal Arcade: Role of citizen meeting places in successful cities. Fashion as an economic driver. Gold diverted into property. The scales: changes from Imperial systems.
GPO: Communication systems in an economy. H & M – a global youth market.
Bourke Street Mall/Hoddle Street Grid. Walkability is a key feature of liveable and viable cities. There is a a direct link between a city’s economic prosperity and safe convenient pedestrian experience. View: Melbourne has an automated pedestrian counting system in real time. People who walk buy from local businesses. Citizens who give back – Sidney Myer.
Trams: Say hello to electric cars – the world’s largest urban tram network. 203.8 million passenger trips in 2015-16. How can old technologies foster new economies?
Coles Book Arcade: Reading and education foster skills. .30,000 International students contribute to the economy. Melbourne in 2015-16 was ranked 2nd best city in the world for International students after Paris. There are at least 3 unis in the heart of the CBD.
Manchester Unity: The citizens response to depressions. Corporate citizenship.
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