Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Geelong
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==Economy== [[File:ABS-6291.0.55.001-LabourForceAustraliaDetailed ElectronicDelivery-LabourForceStatusByLabourMarketRegionSex-Geelong-UnemploymentRate-Persons-A84599671C.svg|thumb|right|300px|Unemployment rate in the Geelong labour market region since 1998<ref>{{cite web|title=Geelong; Unemployment rate; Persons; series A84599671C|url=http://www.abs.gov.au/ausstats/abs@.nsf/mf/6291.0.55.001|work=6291.0.55.001 Labour Force, Australia, Detailed - Electronic Delivery|date=23 February 2023 |publisher=Australian Bureau of Statistics}}</ref>]] More than 10,000 businesses employ over 80,000 people in the Geelong region,<ref name="cogg-top10" /> with manufacturing and processing industries providing around 15,000 jobs, followed by 13,000 in retail, and 8,000 in health and community services.<ref name="cogg-top10" /> In 2020, the Committee for Geelong published a research paper [https://www.committeeforgeelong.com.au/wp-content/uploads/2020/11/Johnson-et-al.-Resilient-Geelong-Research-Paper.pdf Resilient Geelong] {{Webarchive|url=https://web.archive.org/web/20230306085738/https://www.committeeforgeelong.com.au/wp-content/uploads/2020/11/Johnson-et-al.-Resilient-Geelong-Research-Paper.pdf |date=6 March 2023 }} which tracks the Geelong economy over several decades. Written [[Deakin University]]'s [https://www.deakin.edu.au/about-deakin/people/louise-johnson Prof Louise Johnson], Resilient Geelong makes a series of recommendations for the future of Geelong. Geelong's major employers were the [[Ford Australia|Ford Motor Company]] engine plant in [[Norlane]] (closed in 2016), aircraft maintenance at [[Avalon Airport]], the head office of retail chain [[Target Australia]] (until 2018), the Bartter (Steggles) chicken processing plant and the [[Shell Australia|Shell]] oil refinery at Corio.<ref name = "fastfacts"/> [[GMHBA Limited]], a health insurance company, is headquartered in Geelong.<ref>{{cite web |url=http://www.apra.gov.au/PHI/Pages/GMHBA-Limited.aspx |title=GMHBA Limited |website=apra.gov.au |publisher=APRA |access-date=11 July 2017 |archive-url=https://web.archive.org/web/20170609210926/http://apra.gov.au/PHI/Pages/GMHBA-Limited.aspx |archive-date=9 June 2017 |url-status=dead }}</ref> The Geelong region attracted over 6 million tourists during 2001.<ref>{{cite web |url=http://www.geelongotway.org/admin/downloads/information/51506395215092004102141AM-stat.pdf |title=Geelong Otway Region Domestic Visitation 2001 |work=Geelong Otway Tourism website |access-date=2007-12-16 |archive-url=https://web.archive.org/web/20070928025012/http://www.geelongotway.org/admin/downloads/information/51506395215092004102141AM-stat.pdf |archive-date=28 September 2007 |url-status=dead |df=dmy }}</ref> Major tourist attractions include the [[Waterfront Geelong]] precinct and [[Eastern Beach, Victoria|Eastern Beach]] on the shores of Corio Bay, and the National Wool Museum in the city, and more than 30 historical buildings listed on the [[Victorian Heritage Register]].<ref name=monash>{{cite web |url = http://www.arts.monash.edu.au/ncas/multimedia/gazetteer/list/geelong.html |title = Geelong |work = Monash University place names gazette (link broken) |access-date = 2007-12-16 |archive-url = https://web.archive.org/web/20060825233821/http://www.arts.monash.edu.au/ncas/multimedia/gazetteer/list/geelong.html |archive-date = 25 August 2006 |url-status = dead |df = dmy-all }}</ref> The Geelong area hosts regular international events which are also tourist drawcards, including the [[Australian International Airshow]]. [[File:Market Square Shopping Centre Geelong.jpg|thumb|Market Square Shopping Centre]] Geelong has a number of shopping precincts in the CBD and surrounding suburbs. The two main shopping centres are located in the CBD - [[Westfield Geelong]] and [[Market Square Shopping Centre (Geelong)|Market Square]], with smaller centres in the suburbs including Belmont Village and [[Waurn Ponds Shopping Centre]] in the south, Bellarine Village in [[Newcomb, Victoria|Newcomb]] in the east, and Corio Shopping Centre in the north.<ref name="cogg-top10" /> The opening of the major shopping centres has caused a decline in strip shopping on Moorabool Street, with many empty shops and few customers.<ref>{{Cite news|first=Sophie|last=Smith |title=While Moorabool St remains cold and empty |work=Geelong News |page=3 |date=2 July 2008 }}</ref> Geelong is also home to [[Mitre 10]]'s largest franchisee β Fagg's β operating five stores across the town and employing over 160 people. These major research laboratories are located in the Geelong area: the [[CSIRO]] Australian Animal Health Laboratory in East Geelong,<ref>{{cite web|title=Australian Animal Health Laboratory |url=http://www.csiro.au/en/Organisation-Structure/National-Facilities/Australian-Animal-Health-Laboratory.aspx |work=CSIRO |access-date=26 May 2013 |date=May 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130603042126/http://www.csiro.au/en/Organisation-Structure/National-Facilities/Australian-Animal-Health-Laboratory.aspx |archive-date=3 June 2013}}</ref> CSIRO Division of Textiles and Fibres Technology in Belmont,<ref>{{cite web|title=Geelong: Belmont, Vic (CSIRO Materials Science & Engineering) |url=http://www.csiro.au/en/Organisation-Structure/Divisions/CMSE/Belmont.aspx |work=CSIRO |access-date=26 May 2013 |date=May 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130511012743/http://www.csiro.au/en/Organisation-Structure/Divisions/CMSE/Belmont.aspx |archive-date=11 May 2013}}</ref> and the Marine and Freshwater Resources Institute at Queenscliff.<ref>{{cite encyclopedia|title=Marine and Freshwater Resources Institute (MAFRI) (1996 - )|url=http://www.eoas.info/biogs/A001130b.htm|encyclopedia=Encyclopedia of Australian Science|access-date=26 May 2013|year=2010}}</ref> The scheduled closure of [[Ford Australia|Ford's]] Australian manufacturing base in 2016 was confirmed in late May 2013. Headquartered in the Victorian suburb of [[Broadmeadows, Victoria|Broadmeadows]], the company had registered losses of AU$600 million over the five years prior to the announcement. It was noted that the corporate fleet and government sales that accounted for two-thirds of large, local car sales in Australia were insufficient to keep Ford's products profitable and viable in Australia.<ref>{{cite web|title=Ford's exit spells the end of the road for manufacturing|url=http://theconversation.com/fords-exit-spells-the-end-of-the-road-for-manufacturing-14594|work=The Conversation Australia|publisher=The Conversation Media Group|access-date=26 May 2013|first=Remy|last=Davison|date=24 May 2013}}</ref> Following the decision by [[Shell Australia|Shell]] to close its Geelong refinery in April 2013, a third consecutive annual loss was recorded for Shell's Australian refining and fuel marketing assets. Revealed in June 2013, the writedown is worth AU$203 million, and was preceded by a $638-million writedown in 2012 and a $407-million writedown in 2011 after the closure of the [[Clyde Refinery]] in [[Sydney]].<ref>{{cite news|title=Geelong refinery writedown hits Shell for $203m|url=http://www.theaustralian.com.au/business/companies/geelong-refinery-writedown-hits-shell-for-203m/story-fn91v9q3-1226656526907?net_sub_uid=44933799|access-date=6 June 2013|newspaper=The Australian|date=4 June 2013|author=Matt Chambers}}</ref> In April 2016 Target announced that it would be moving its headquarters out of [[North Geelong]] to [[Williams Landing]] in Melbourne's west.<ref name="news-target-gone">{{cite news|title=Up to 180 jobs to be slashed as Target announces shut down of Geelong headquarters|url=http://www.9news.com.au/national/2016/04/14/15/50/target-to-axe-180-jobs-as-they-shut-down-geelong-headquarters|access-date=14 April 2016|work=9news.com|date=14 April 2016}}</ref>
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Geelong
(section)
Add topic