Hobsons Bay (map) is home to a thriving and diverse business community, including an expansive manufacturing industry, growing transport and logistics sector, a dynamic construction industry and vibrant local retail and tourism sectors.
The geographic location of the municipality, with its proximity to the CBD, the Port of Melbourne, Melbourne and Avalon airports, the national rail network, the Westgate freeway and other major arterial roads, makes it an attractive location for investment, while its diverse mix of industrial, residential and commercial areas create a dynamic economic environment.
Although the local economy is supported by a variety of industry sectors, the majority of economic output has traditionally been generated by high yield manufacturing, particularly from the shipbuilding and motor vehicle industries. However, with the manufacturing industry going through a period of significant change and a national move away from traditional manufacturing, there is an opportunity to attract targeted industries to the municipality, to align with the broader needs of local residents and the business community.
There are approximately 6,100 businesses currently operating in Hobsons Bay, 90 per cent of which employ less than five people. There is a broad range of business types and sizes across the municipality, with the top employing industries being manufacturing, transport, postal and warehousing and retail trade.
Businesses in Hobsons Bay employ approximately 36,394 people. While this figure is comparable to the number of employed residents within the municipality (39,852), only 27 per cent of local jobs are filled by residents.
For more information about Economic Development in Hobsons Bay, download a copy of Council’s Economic Development Strategy or visit www.hobsonsbay.vic.gov.au/business