Service Industries
As a major service centre for the populous goldfields region, Ballarat has large sectors of employment in business including retail, professional services and trades as well as state and federal government branch offices for public services and health care and non-government service organisations. Collectively these industries employ more than half of the city's workforce and generate the bulk of the city's economic activity.
Ballarat is the main retail economy in the region. The city has several key retail districts including a pedestrian mall known as Bridge Mall comprising over 100 traders. There are also indoor shopping malls including Central Square Shopping Centre and Stockland Wendouree. better known as Wendouree Village, with a large number of specialty stores. Major department stores include Myer, Target, Big W, Kmart, Harvey Norman and Harris Scarfe. Additionally each of the major supermarkets (Coles, Woolworths, IGA and Aldi) are represented. Servicing the financial sector are branches of the big four Australian retail banks (National Australia Bank, Australia and New Zealand Banking Group, Commonwealth Bank and Westpac) along with Bendigo Bank and St.George Bank and a number of smaller independent financial services firms.
Ballarat has become a major education centre with the formation of the University of Ballarat which exports education through a large international students program and throughout Australia through distance education programs.
In recent years, a large technology park, the University of Ballarat Technology Park with communications centre has been established, with tenants including IBM and employing over 1,400 people.
Famous quotes containing the words service and/or industries:
“The socialism of our day has done good service in setting men to thinking how certain civilizing benefits, now only enjoyed by the opulent, can be enjoyed by all.”
—Ralph Waldo Emerson (1803–1882)
“All industries are brought under the control of such people [film producers] by Capitalism. If the capitalists let themselves be seduced from their pursuit of profits to the enchantments of art, they would be bankrupt before they knew where they were. You cannot combine the pursuit of money with the pursuit of art.”
—George Bernard Shaw (1856–1950)