Two Australian capitals have reached the Top 10 of an elite global index, with two other penalties for penalty in housing costs, seeing a new top city for the country.
The Oxford Economics 2025 global cities index, which uses a group of more than 40 economists to classify the 1,000 main cities in the world in economics, human capital, quality of life, environment and governance, named a surprise leader in Australia, Melbourne, highlighting the main sporting events, cultural activities and large green flags for universities.
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Sydney, who has just been looking for Australian leadership, was hot in Melbourne’s tail in the seventh position, after Bee crushed economists in the environment category, where she held 145 position in the world due to the “severe temperature.”
Brisbane occupied the 23rd position with a great penalty for quality of life where he occupied the 87th position in the world, with a specific red flag that bets on the cost of housing shock.
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The 10 best cities in the index were New York, London, San José (California), Seattle, Melbourne, Sydney, Boston, Tokyo and San Francisco.
Melbourne
Melbourne was the highest Australian city after “partially well in the categories of human capital and economy,” according to the report.
“In fact, Melbourne, in the last two decades, has been reaching Sydney in aspects that range from economics to population size.”
“Due to its many art galleries and the fact that it houses the main sporting events, such as the Australian Open and the Australian Grand Prix, Melbourne is widely considered as the cultural and sports capital of Australia.”
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Its highest category classification was the 12th for human capital that Oxford Economics said it was due to “its many high quality universities, and two of them belonged to the prestigious” group of eight “, a club of the best Australian universities.”
He held the 16th position for the economy, 54 for the quality of life, the 67th for the environment and 15 for governance, being his strengths of high life expectancy, many universities and great disasters.
The report made a great call for the future saying that “Melbourne is located in the highest of all Australian cities in our index and is on the way to overcome its main competitor as the largest city in Australia.”
Sydney
Oxford Economic said Sydney was “the most emblematic and largest Australian city”, the financial capital, with a sector of commercial services of large businesses and key institutes such as the Reserve Bank and the Australia Stock Exchange.
The ranking of the best category of Sydney was tenth in the world and first in Australia for human capital, given two universities in the “group of eight” and several others, the level of high average educational achievement and many foreign students.
The score of the capital of the new South Wales in the category received a great impulse due to most of the population born abroad from all Australian cities and the highest 14th worldwide.
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The weaknesses were their high housing costs, given the high increases in prices and rents of properties and the offer of weak housing, which affected their score of quality of life (39 in the world).
Its worst classification was in the environment category not due to pollution, but that “Sydney faces more severe temperature and rain anomalies than Melbourne (a city with a softer temperate climate),” the report said, and added that “Sydney tends to be more affected by the fires of the bushes due to its forest environment, increasing even more environmental risks.”
“Sydney has lost some land to its main competitor, Melbourne, in recent years. However, Sydney gets a very strong result in general in our 2025 index.”
Brisbane
The capital of Queensland occupied the 23rd position in the world, after being the surprise receiver of the highest classification in the country for governance (15), benefiting from the “strong history of Australia to advance political rights and civil freedoms.”
“Its economy benefits from high levels of GDP, and employment growth is one of Australia’s fastest. This is partly thanks to the participation of the city in the mining industry, for which it houses several offices of the company and operational offices.”
But the report warned that Reliance meant that Brisbane’s growth tends to fluctuate with the world markets of basic products, having to trust other sectors such as education, tourism and technology to cushion those clashes, which held the 41st position in the economy category.
He said Brisbane had one of the young populations of the main cities of Australia with two important universities, one of which was in the “eight group” helping their classification of human capital or 46º.
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Its lowest classification was 87 for the quality of life, “although it is still among the 100 worlds worldwide,” reduced by the cost of housing. “Brisbane’s growing population has caused the demand for housing to increase, while the offer has fought to keep the pace.”
In the environment, Brisbane ranked 54th in the world, with “on a flood plate” specifically marked, “took it to Beerales by harmful and mortal floods in recent history”, causing Warridos. Flomtray damage but STIs.
Oxford Economics warned that “Brisbane has a strong economy with a capable workforce, but will need to invest more in homes and other infrastructure to improve affordability for residents and manage the effects of climate change.”
Perth
The fourth city classified in Australia was Perth, which also reached 31 of the global index, with its performance “based on all categories.”
“The city serves as an operational and export base for a large part of the important mining sector of Australia. This is both a strength and a weakness for perth; mining activities generate substantial economic value for the city, which contributes to a high GDP per person, as well as a high growth rate for a developed economy.”
But Oxford Economics said Reliance “comes with the inconveniences, since it makes the city vulnerable to the price of basic products and demand fluctuations” that classifies it 78º in the world by economy.
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Perth was marked as the second population growth faster and the second part of residents born abroad in Australia, with a high level of educational achievement and a university in the “group of eight” that drives its classification of human capital).
In governance, he occupied the 15th position in the world, and the quality of life reached 63 years with a specific mention of not all the residents of Perth who benefited from the high incomocosmos of mining, with high income and high housing costs.
His isolation was marked as a negative for his cultural life, but for the environment, Perth held the 208th position in the world due to “the severity of possible natural disasters and climatic anomalies.”
“A key challenge for Perth, then, will continue to attract talent to maintain its current growth path.”