From the CEO
We were thrilled with the news last week that Melbourne was named most liveable city in the world for the sixth year in a row by the Economist Intelligence Unit. Living conditions of 140 cities across the globe were measured against five key criteria of stability, healthcare, culture and environment, education as well as infrastructure and, once again, Melbourne topped the rankings followed closely by Vienna, Vancouver, Toronto, Calgary, Adelaide and Perth.
This is another fantastic accolade for Melbourne and all Melburnians can take pride in the result. That said, we must not lose sight of the fact that our city’s success could also be its biggest challenge for the future. There are some profound ‘over the horizon’ challenges which are approaching with unprecedented speed. The world is in a state of accelerating change. We are experiencing the early stages of the so-called ‘Fourth Industrial Revolution’ which will fundamentally alter the way we live, work and do business. We do not know yet exactly how it will unfold but we must be sure to understand and prepare credibly informed policy platforms to help our city benefit from the global forces which are making cities like Melbourne the focal points of our economy.
A strong, globally competitive economy will continue to underpin Melbourne’s ongoing growth and liveability. Making the most of the opportunities ahead needs a long-term, strategic response across business, government, and our broader society. This is why the Committee for Melbourne is launching its newest taskforce MELBOURNE 4.0 to examine how Melbourne can prepare for the changes that are coming our way, and thrive. Over the next six months we are looking forward to working with all of you to help guide this process and to set a comprehensive agenda for where the Committee can add the greatest value to Greater Melbourne and its members.
Launch of MELBOURNE 4.0
We are two weeks out from the launch of MELBOURNE 4.0 and we are excited to have the Assistant Minister for Cities and Digital Transformation, The Hon. Angus Taylor MP, and CEO of Siemens Australia and New Zealand and Chairman of the Prime Minister’s Industry 4.0 Taskforce, Mr Jeff Connolly joining us for a panel discussion about the challenges and opportunities that the ‘Fourth Industrial Revolution’ will bring to Melbourne. The panel will be moderated by the Deputy Chair of the Greater Sydney Commission, Mr Geoff Roberts.
On the morning of 9 September, Deakin Edge at Federation Square will form the stage for the kick-off of the Committee’s next flagship taskforce that will employ the vast collective knowledge and insight of the Committee’s diverse membership base to provide us with a clear understanding of – and shared language around – the future economic environment of Greater Metropolitan Melbourne.
Cities and organisations across the globe are all grappling to understand the changes that are fast coming our way. MELBOURNE 4.0 is designed to help us move beyond traditional, linear thinking and introduce clever and innovative approaches to transform the way we position Melbourne for a changing future. As a result of this six-month project, the Committee will be able to develop credibly informed policy options to help our city benefit from the global forces which are making cities the focal points of our economy.
All Committee for Melbourne members and Future Focus Group participants and Alumni have been invited. We look forward to seeing you there.
Digital disruption – ride-sharing
The Victorian Government is introducing changes to taxi and hire car regulations in response to the emergence of ride-sharing that will provide a level-playing field for the taxi, hire car and ride-share transport – making it safer, simpler and flexible for Victorians and visitors.
Changes include: removal of excessive vehicle licensing; increased accountability for network service providers; compulsory accreditation for all drivers; removal of the knowledge test; and flexible fares.
A simple vehicle registration process will make it easier for service providers to enter and compete in the market creating more choice, shorter wait times, better value and improved service standards. The government announced that it will consult extensively with key stakeholders affected by the changes.
Leading thinker Ian Harper
This week, leading thinker Ian Harper from Deloitte Access Economics delivered a compelling presentation about the increased importance of liveability in unleashing the next wave of economic productivity in cities like Melbourne and in regional Victoria.
Danielle Sampson, Client Liaison and Marketing Administrator at CfM member organisation ROTHELOWMAN, commented that, ‘It’s exciting to see the Committee for Melbourne bring such high-quality thought leaders to the table, all committed to ensuring a bright future for Melbourne. Ian Harper's powerful presentation on The Purpose of Place highlights the importance of congregation and collaboration for continued innovation. While technological advancements broaden our proximity to digital resources – the ability to identify and foster localised community strengths can be achieved by mixed-use place-making and intelligent amenity integration’.
Download the report or play the video for more on The Purpose of Place Reconsidered.
Read the Deloitte Access Economics report on Advertising Pays that investigates why advertising is worth much more to the Australian economy than direct spending. Advertising employs significant numbers of people, lowers prices, drives innovation and brings businesses and consumers together. In addition, there is renewed interest in advertising driving economic growth with the emergence of digital marketing and online advertising capabilities.
What's on in September for members
7 September – Better Apartments Draft Design Standards Workshop, kindly hosted by Urbis
8 September – Lunch speaker series: The Hon. Jacinta Allan MP, Minister for Public Transport and Minister for Major Projects, kindly hosted by Allens
9 September – MELBOURNE 4.0 launch, kindly hosted by Deakin Edge
16 September – Leading thinker series: Professor Linda Kristjanson, Vice-Chancellor, Swinburne University, kindly hosted by Chandler Macleod
22 September – Arts and Culture Roundtable (2), kindly hosted by Arup
For the public
29 August – The Australian Institute of Management's National Networking Day
28 - 30 September – Planning cities for the 21st century: Australian British Infrastructure Investment Catalyst, Australian British Chamber of Commerce
Committee for Melbourne member organisations can promote their company announcements, news, media coverage and events on the Committee for Melbourne website and social media. You can simply email any relevant items to Sophie at email@example.com or call on (03) 9667 8160.