
Melbourne, Australia, is a significant cultural hub and one of the world's largest and wealthiest metropolises. It is the second-largest industrial centre in Australia and is home to the headquarters of two of the country's four major banks. Melbourne is governed by the City of Melbourne, which is responsible for providing a range of services and programs to its residents. The City of Melbourne also works closely with the local community to promote sustainability and environmental initiatives. At the state level, Melbourne is governed by the Victorian Government, which offers various services and programs, including healthcare, education, and housing. The Victorian Government is a parliamentary democracy and a constitutional monarchy, with the Governor of Victoria appointed to represent the King in the state. At the national level, Melbourne is governed by the Australian Government, also known as the Commonwealth Government or the federal government, which is a federal parliamentary constitutional monarchy. The Australian Government is led by the Prime Minister, who is appointed by the governor-general, and consists of other cabinet ministers who have the support of the majority of the members of the House of Representatives.
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What You'll Learn
- Melbourne is the capital of the State of Victoria
- The Governor of Victoria is appointed to represent the King of Australia
- The Executive Council is made up of the Premier and Ministers
- The City of Melbourne is governed by the Wurundjeri Woi-wurrung and Bunurong / Boon Wurrung peoples
- Melbourne is a significant financial hub, home to two of Australia's big four banks

Melbourne is the capital of the State of Victoria
Melbourne, or Narrm in the language of the Traditional Owners of the land, is the capital of the State of Victoria. It was founded in 1835 with the arrival of free settlers from Van Diemen's Land (modern-day Tasmania) and was incorporated as a Crown settlement in 1837. The city was named after the then-Prime Minister of the United Kingdom, William Lamb, 2nd Viscount Melbourne.
Melbourne is a significant gathering place with a rich cultural history. The City of Melbourne acknowledges the Traditional Owners of the land, the Wurundjeri Woi-wurrung and Bunurong / Boon Wurrung peoples of the Kulin, and pays respect to their Elders past and present. The city also has a long history of democratic governance, with the Governor of Victoria playing an important role within its constitutional democracy, one of the longest-standing continuous democracies in the world.
As the capital of Victoria, Melbourne is the seat of the state's government. The government of Victoria is comprised of three parts: Parliament, which makes the majority of the laws in the state; the Executive, which includes the Premier as Head of Government and their Ministers; and the Judiciary, which resolves disputes between citizens and between the state and its citizens. The Supreme Court of Victoria adjudicates the law in the state, except where affected by decisions of the High Court of Australia.
Melbourne is also a prominent financial and industrial centre in Australia. It is home to the headquarters of two of the country's four major banks and has established itself as the leading centre for superannuation (pension) funds. The city also boasts a diverse range of industries, including prominent manufacturers such as Boeing Australia, Kenworth, Iveco, and Cadbury.
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The Governor of Victoria is appointed to represent the King of Australia
Melbourne is the capital of the state of Victoria, Australia. The Australian Government, also known as the Commonwealth Government or the federal government, is a federal parliamentary constitutional monarchy. The Governor of Victoria is appointed by the King of Australia, currently King Charles III, to represent him in the state. The Governor is not subject to the direction, supervision, or veto of the Monarch and exercises the constitutional power of Head of State in Victoria. The Governor's main responsibilities fall into three categories: constitutional, ceremonial, and community engagement. They are seen as a symbol of unity and play an important role in Victoria's constitutional democracy, one of the longest-standing continuous democracies in the world.
The Governor of Victoria is appointed on the advice of the Premier of Victoria and serves a term of typically five years. The King can shorten this term or dismiss the Governor upon the advice of the Premier, although this has never happened in Victoria. The Governor's role includes issuing proclamations, promoting democracy, and encouraging unity, mutual respect, and confidence within the Victorian community. They are patrons of many not-for-profit organisations and support community engagement by holding receptions and speaking on behalf of the community at events.
The government of Victoria is comprised of three parts: Parliament, which makes the majority of the laws in the state; the Executive, which includes the Premier and their Ministers; and the Judiciary, which resolves disputes between citizens and the state. The Executive Council, which includes the Premier and their Ministers, is sworn into office by the Governor. The 'Governor in Council' is a body that includes the Governor as Chair and is an important process for implementing the government's business.
The Governor of Victoria also has a role in the appointment of the Lieutenant-Governor, who acts as the Governor's deputy when they are out of the state. The Lieutenant-Governor is appointed on the advice of the Premier and assumes the role of administrator when the Governor is unable to act. The Chief Justice of Victoria is the ex officio administrator unless they are the Lieutenant-Governor, in which case the next most senior judge assumes this role.
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The Executive Council is made up of the Premier and Ministers
The Executive Council is the senior decision-making body of the Government of the Northwest Territories and is responsible for the day-to-day administration of the government. It is made up of the Premier and six ministers. The Premier is the head of the government and, along with the ministers, is a member of the Executive Council. The Premier and their ministers are sworn into office by the Governor, who chairs the 'Governor in Council'. This body implements aspects of the government's business.
The Executive Council is a crucial part of the government's structure, providing leadership and overseeing the administration of all affairs of state. The Premier, as the head of government, plays a key role in leading the Executive Council and driving its agenda. The ministers within the Executive Council take on specific portfolios, such as defence, interior, foreign, finance, or justice, each with their own responsibilities and areas of focus.
The Executive Council operates within a parliamentary system, where the members of the Executive are also members of the legislature. This fusion of powers allows for a unified approach to governance, with the Executive requiring the support and approval of the legislature. The Executive Council is responsible for providing advice and making decisions that carry legal force, such as regulations or appointments.
The Clerk of the Executive Council, who is also the Secretary of the Cabinet, plays a crucial role in servicing the Executive Council and providing advice on constitutional matters. They are directly responsible to the Governor-General and the Prime Minister, ensuring the smooth functioning of the Council and facilitating the constitutional processes of the government.
Overall, the Executive Council, comprising the Premier and ministers, is a powerful entity within the government structure, responsible for the day-to-day administration and decision-making that shapes the country's policies and future.
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The City of Melbourne is governed by the Wurundjeri Woi-wurrung and Bunurong / Boon Wurrung peoples
Melbourne, Australia, is governed by a federation, a parliamentary democracy, and a constitutional monarchy. The City of Melbourne, however, acknowledges the Traditional Owners of the land, the Wurundjeri Woi-wurrung and Bunurong / Boon Wurrung peoples of the Kulin, and pays respect to their Elders past and present.
The Wurundjeri Woi-wurrung and Bunurong / Boon Wurrung peoples are the Traditional Custodians of Melbourne and the surrounding lands. They have maintained an unbroken spiritual, cultural, and political connection to the land for over 2000 generations.
The Wurundjeri Woi-wurrung and Bunurong peoples' traditional boundaries were disrupted by the birth of Melbourne 185 years ago. The city's development resulted in the displacement of Aboriginal people and the destruction of their boundaries. However, in recent years, there have been efforts to redress these historical injustices.
In 2021, after years of collaboration and respectful discussions, the Wurundjeri and Bunurong peoples reasserted their status as Traditional Owners of Melbourne. A new boundary line was drawn, dividing the city between Wurundjeri territory in the north and Bunurong territory in the south. This boundary clarification ensures that councils, businesses, and communities recognize the rightful Traditional Owners.
The City of Melbourne has also worked with the Traditional Owner groups to develop an interactive map of cultural significance within the municipality, showcasing their commitment to reconciliation and honouring the Aboriginal history and culture of the region.
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Melbourne is a significant financial hub, home to two of Australia's big four banks
Melbourne, the capital of Victoria, Australia, is a significant financial hub, housing two of Australia's 'big four banks': the National Australia Bank and Australia and New Zealand Banking Group (ANZ). The other two banks that make up the 'big four' are the Commonwealth Bank and Westpac. Together, these banks dominate Australia's financial landscape, with combined assets at the end of 2023 worth over $3.85 trillion. This figure is more than double the size of the country's economic output, and the big four also make up around 75% of the value of residential home lending in Australia.
Melbourne's status as a key financial centre is further bolstered by the presence of other major financial institutions, including Macquarie and ING. The city's economic prowess extends beyond the banking sector, as it is also home to the original Commonwealth Offices Building, which underscores its historical and ongoing significance in the country's political and administrative landscape.
As Australia's second-largest city, Melbourne's financial prowess is underpinned by its diverse and robust economy, which encompasses sectors such as finance, commerce, manufacturing, and tourism. The city's strategic location on Port Phillip Bay has also contributed to its economic success, facilitating international trade and commerce.
The 'big four banks' in Australia are characterised by their size and influence, with many Australians owning shares directly or holding indirect stakes through superannuation funds. The banks have a lengthy history, starting as local entities and gradually expanding their market share by acquiring smaller rivals during periods of financial instability. Their dominance is such that smaller banks often struggle to compete, leading them to offer more attractive rates on savings accounts and home loan products to attract customers.
The 'four pillars policy' is in place to prevent mergers between the big four banks, ensuring they remain separate entities. This policy recognises the significant collective power of these banks and seeks to maintain a level of competition within the industry.
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Frequently asked questions
Australia is a federal parliamentary constitutional monarchy. The country became a federation on 1 January 1901, when the six Australian colonies agreed on a federal government for the whole nation as well as individual governments for each state.
The Australian Government, also known as the Commonwealth Government or federal government, is the national executive government of Australia. The executive consists of the prime minister and other cabinet ministers who have the support of the majority of the members of the House of Representatives (the lower house). The prime minister is the head of the federal government and is appointed by the governor-general, who is the federal representative of the monarch of Australia.
Melbourne is the capital of the State of Victoria. The State Government of Victoria is headquartered in Melbourne and is comprised of the following three constituent parts: Parliament, which makes the majority of the laws in Victoria; the Executive, which comprises the Premier as Head of Government and his or her Ministers; and the Judiciary, which resolves disputes between citizens and between the State and its citizens.
The Governor of Victoria is appointed to represent the King of Australia in the state of Victoria. The Governor of Victoria is not subordinate to the Governor-General, but as a matter of courtesy, the Governor-General is treated as 'first among equals'.
































