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Local Industries

Types of businesses

The City of Yarra has a diverse range of businesses operating in the municipality. These include those in the commercial services, retailing/wholesaling, community services, manufacturing, other services and activities and hospitality services sectors.

Commercial services are the dominant business type in Yarra, accounting for 32% of all businesses. Commercial services include business, personal and property services. There has been significant business development in the City over the past few years. From 1994-1998, approximately 2,800 businesses and 16,000 additional jobs emerged. Many of these new businesses were in the commercial services industry group, which expanded by over 90% over the period.

Significant growth was also experienced in the community services and government sector and the retailing and wholesaling industry group. The strong overall growth in the retailing and wholesaling industry was, however, due to the growth in the retailing sector but not in the wholesaling industry which recorded a 7% loss of employment over the period.

The following table summarises the nature of Yarra's industry.

Source: Ratio Consultants (2000) Industrial and Business Activity: Part A Trends and Opportunities Analysis, Ratio Consultants

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