🇦🇺 Perth is the capital and largest city of the Australian state of Western Australia. Perth is part of the South West Land Division of Western Australia, with most of the metropolitan area on the Swan Coastal Plain between the Indian Ocean and the Darling Scarp. The city has expanded outward from the original British settlements on the Swan River, upon which the city's central business district and port of Fremantle are situated. Perth city is located on land on which the Whadjuk Nyoongar, the Aboriginal people of the south west of Western Australia, have lived for at least 38,000 years.
By virtue of its population and role as the administrative centre for business and government, Perth dominates the Western Australian economy, despite the major mining, petroleum, and agricultural export industries being located elsewhere in the state. Perth's function as the state's capital city, its economic base and population size have also created development opportunities for many other businesses oriented to local or more diversified markets. Perth's economy has been changing in favour of the service industries since the 1950s. Although one of the major sets of services it provides is related to the resources industry and, to a lesser extent, agriculture, most people in Perth are not connected to either; they have jobs that provide services to other people in Perth.
As a result of Perth's relative geographical isolation, it has never had the necessary conditions to develop significant manufacturing industries other than those serving the immediate needs of its residents, mining, agriculture and some specialised areas, such as, in recent times, niche shipbuilding and maintenance. It was simply cheaper to import all the needed manufactured goods from either the eastern states or overseas.
Industrial employment influenced the economic geography of Perth. After WWII, Perth experienced suburban expansion aided by high levels of car ownership. Workforce decentralisation and transport improvements made it possible for the establishment of small-scale manufacturing in the suburbs. Many firms took advantage of relatively cheap land to build spacious, single-storey plants in suburban locations with plentiful parking, easy access and minimal traffic congestion.
Industrial estates such as Kwinana, Welshpool and Kewdale were post-war additions contributing to the growth of manufacturing south of the river. The establishment of the Kwinana industrial area was supported by standardisation of the east–west rail gauge linking Perth with eastern Australia. Since the 1950s the area has been dominated by heavy industry, including an oil refinery, steel-rolling mill with a blast furnace, alumina refinery, power station and a nickel refinery. Another development, also linked with rail standardisation, was in 1968 when the Kewdale Freight Terminal was developed adjacent to the Welshpool industrial area.
Post-WWII, employment growth occurred in retail and wholesale trade, business services, health, education, community and personal services and in public administration. Increasingly it was these services sectors, concentrated around the Perth metropolitan area, that provided jobs.
Perth has also become a hub of technology focused startups since the early 2000s who provide a pool of highly skilled jobs to the Perth community. Companies such as Appbot, Agworld, Touchgram and Healthengine all hail from Perth and have made headlines internationally. Programs like StartupWA and incubators such as Spacecubed and Vocus Upstart are all focused on creating a thriving startup culture in Perth and growing the next generation of Perth-based employers.
Perth is rated Beta by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Beta level cities are cities that link moderate economic regions to the world economy.
Perth is ranked #38 by the Global Urban Competitiveness Report (GUCR) which evaluates and ranks world cities in the context of economic competitiveness. Perth was ranked #132 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Perth has a population of over 2,067,333 people. Perth also forms part of the Greater Perth metropolitan area which has a population of over 2,085,973 people. Perth is the #413 hipster city in the world, with a hipster score of 1.4936 according to the Hipster Index which evaluates and ranks the major cities of the world according to the number of vegan eateries, coffee shops, tattoo studios, vintage boutiques, and record stores. Perth is ranked #175 for startups with a score of 2.924.