linguistic:paraphrasing, structural:reformatting
Economy

Melbourne has a highly diversified economy with particular strengths in finance, manufacturing, research, IT, education, logistics, transportation and tourism. Melbourne houses the headquarters of many of Australia's largest corporations, including five of the ten largest in the country (based on revenue), and five of the largest seven in the country (based on market capitalisation); ANZ, BHP, the National Australia Bank, CSL and Telstra, as well as such representative bodies and think tanks as the Business Council of Australia and the Australian Council of Trade Unions. Melbourne's suburbs also have the head offices of Coles Group (owner of Coles Supermarkets) and Wesfarmers companies Bunnings, Target, K-Mart and Officeworks, as well as the head office for Australia Post. The city is home to Australia's second busiest seaport, after Port Botany in Sydney. Melbourne Airport provides an entry point for national and international visitors, and is Australia's second busiest airport.

Melbourne is also an important financial centre. In the 2024 Global Financial Centres Index, Melbourne was ranked as having the 28th most competitive financial centre in the world. Two of the big four banks, the ANZ and National Australia Bank, are headquartered in Melbourne. The city has carved out a niche as Australia's leading centre for superannuation (pension) funds, with 40% of the total, and 65% of industry super-funds including the AU$109 billion-dollar Federal Government Future Fund. The city was rated 41st within the top 50 financial cities as surveyed by the MasterCard Worldwide Centers of Commerce Index (2008), second only to Sydney (12th) in Australia. Melbourne is Australia's second-largest industrial centre.

It is the Australian base for a number of significant manufacturers including Boeing Australia, truck-makers Kenworth and Iveco, Cadbury as well as Alstom and Jayco, among others. It is also home to a wide variety of other manufacturers, ranging from petrochemicals and pharmaceuticals to fashion garments, paper manufacturing and food processing. The south-eastern suburb of Scoresby is home to Nintendo's Australian headquarters. The city also has a research and development hub for Ford Australia, as well as a global design studio and technical centre for General Motors and Toyota Australia respectively.

CSL, one of the world's top five biotech companies, and Sigma Pharmaceuticals have their headquarters in Melbourne. The two are the largest listed Australian pharmaceutical companies. Melbourne has an important ICT industry, home to more than half of Australia's top 20 technology companies, and employs over 91,000 people (one third of Australia's ICT workforce), with a turnover of AU$34 billion and export revenues of AU$2.5 billion in 2018. In addition, tourism also plays an important role in Melbourne's economy, with 10.8 million domestic overnight tourists and 2.9 million international overnight tourists in 2018. Melbourne has been attracting an increasing share of domestic and international conference markets. Construction began in February 2006 of an AU$1 billion 5000-seat international convention centre, Hilton Hotel and commercial precinct adjacent to the Melbourne Convention & Exhibition Centre to link development along the Yarra River with the Southbank precinct and multibillion-dollar Docklands redevelopment.