Welcome to the City of Monash Economic Profile

City of Monash's Gross Regional Product is estimated at $12.92 billion, which represents 4.1% of the state's GSP (Gross State Product).

The City of Monash's economic profile presents economic information that enables you to describe the area's role within the broader economy, explore options for economic development and promote the area's strengths. The information presented here is derived from official sources of information (Australian Bureau of Statistics) as well as Australia's leading economic modellers, NIEIR. The latest data from each series is always presented in this site.

Economy.id industry structure and industry sector profiles use a National Accounts regional econometric model developed by National Economics (NIEIR).


The new drivers of economic growrth


In the decade leading up to 2013 the size of the economy has grown at record levels, almost tripling, despite the GFC. How did this happen? What has allowed us to grow and prosper despite the old powerhouses losing their steam? What are the new drivers of economic growth?

Businesses use demographics to reduce loan repayments


Businesses are increasingly using demographics to help them find new customers, obtain business finance more readily and reduce their business costs. Find out how you can use demographics to reduce loan repayments.

This economic profile is just one of a family of demographic and economic resources available for this area and other areas across Australia. The full suite of resources includes community profiles, population forecasts, social atlases and economic profiles. You can be confident using them for planning, research and advocacy as they are compiled and maintained with the latest data by population experts, .id. Access them online in the Demographic Resource Centre