Melbourne’s ability to attract talent and inward investment was given a boost after it was named the ‘World’s Most Liveable City’ for the seventh consecutive year.
The Australian city topped the annual Economist Intelligence Unit’s EIU Global Liveability Index, ahead of Vienna, Vancouver, Toronto, and Adelaide and Calgary in joint fifth place.
The top five remained unchanged from last year.
The aim of the annual global liveability is to quantify living conditions and ‘lifestyle challenges’ across five broad categories of stability, healthcare, culture and environment, education and infrastructure.
The ranking measures living conditions in 140 countries.
Melbourne achieved a perfect score for healthcare, education and infrastructure, and overall the highest score combined of 97.5 out of 100.
Melbourne markets itself as Australia’s knowledge capital, with recognised strength in medical research. The state boasts over 150 biotechnology companies, 13 major medical research institutes, 10 teaching hospitals and nine universities across Victoria, with some of the world’s preeminent researchers conducting their work here and translating to innovative health outcomes for Victorians.
CEO of Melbourne Convention Bureau (MCB), Karen Bolinger described the accolade as a ‘great achievement’ for the city that recognised the attributes that help MCB secure business events.
“The World’s Most Liveable City award highlights that Melbourne is an exciting, intelligent and welcoming city, and reinforces the city’s position as a leading destination for conferences and meetings. The city has an outstanding track record of hosting some of the world’s largest and most prestigious international conferences, which would not be possible without our modern infrastructure, accessibility, convenience and thriving culture.”
She added: “Melbourne provides the ideal base as a destination for business and play, with the opportunity to collaborate with some of the world’s greatest minds based in Melbourne, then follow that up in our 24-hour city that boasts world class dining and bars, theatre, major events and shopping. I’m not being biased, but as a business events destination Melbourne does have it all!”