Friday, January 20, 2006

Melbourne most vulnurable to oil price shocks

A Griffith University study indicates that outer and poorer suburbs are most vulnurable to rising oil prices.

The report Oil Vulnurability in the Australian City recommends a shift from road funding to public transport service quality to make communities more resilient to oil price fluctuations.

Dodson & Sipe also found that Melbourne contained a greater proportion of vulnurable suburbs than either Sydney or Brisbane. Areas of highest vulnurability include the outer western, northern, south-eastern suburbs and the Mornington Peninsula. All these areas combine low incomes with sparse public transport service provision.

Download the full report (pdf 922k) here: http://www.gu.edu.au/centre/urp/URP_RP6_OilVulnerability_Final.pdf (right click to save)

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