The Economic Development Snapshot has been developed to provide an overview of the local economy and to highlight any significant changes in the last quarter.
About Latrobe City
Traditionally recognised as the heart of Victoria’s electricity industry, today a range of other sectors contribute to the Latrobe City economy.
The top five contributors to Latrobe City’s economic output are:
- Electricity, Gas, Water and Waste Services Sector | $2.3billion | 22.2%
- Manufacturing | $1.7billion | 16.3%
- Construction | $1.2billion | 11.6%
- Rental, Hiring and Real Estate Services | $835million | 7.7%
- Health Care and Social Assistance | $611million | 5.7%
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