01.07.2021Charting a new economic course for Melbourne

Responding adeptly to crises has been a hallmark of Melbourne’s history. The skill, resources ambition and willpower of those that helped wrench the city from previous crises must be harnessed again – this time on a scale not seen in generations.

To help steer Melbourne out of the COVID-19 pandemic towards a more equitable and prosperous future, the City of Melbourne released its draft Economic Development Strategy that includes eight key priorities and 41 actions. With the COVID-induced disruption to working and commuter behaviour disproportionately impacting Melbourne’s CBD, the release of the document is timely.

The Committee participated in a virtual consultation workshop on 1 June before providing a detailed submission to the City. Drawing on existing Committee policy, the document addresses issues related to social and affordable housing, digital connectivity, transport, international education and the arts sector.

Areas of growing importance to the Committee were also addressed. Urgent action to progress the development of Fishermans Bend is required, as is consideration for ways to unlock climate capital and increase green spaces. The Committee cautioned the City to collaborate with, rather than duplicate, initiatives, policies or projects initiated by other well-resourced state and federal government departments.

The feedback provided was used to inform the final strategy, which Melbourne City Council is considering. The Committee looks forward to reflecting on the final strategy upon release.

Read our submission

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