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Melbourne's restaurants are numerous, and are generally of reasonable quality and good value. Below are some of the major restaurant strips, however there are many other restaurants not in these locations which offer similar or better-quality food and usually at lower cost. The Age newspaper produces two "Good Restaurant" guides - one for low-cost eating and another for more elaborate restaurants.

Australia's economic development was slow at first and based on the export of wool. This all changed with the discovery of gold in 1851 and mining has, overall, been the most important sector of the Australian economy. By the late 20th century, Australia had a prosperous Western-style mixed economy, with a per capita GDP on par with the four dominant Western European economies. In recent years, the Australian economy has been resilient in the face of global economic downturn, with steady growth. Rising output in the domestic economy has been offsetting the global slump, and business and consumer confidence remains robust. Australia's emphasis on reforms is another key factor behind the economy's strength. In the 1980s, the Labor Party, led by Prime Minister Bob Hawke and Treasurer Paul Keating, played a crucial role in modernizing Australia's economy.

The land that is now Australia was first discovered by Europeans in 1522 by the Portuguese explorer Cristóvão de Mendonça, but it was only in the 17th century that the island continent became the subject of European exploration, with several expeditions sighting Terra Australis: The Dutch explorer Willem Jansz (1606), the Portuguese explorer Luis Vaez de Torres in Spanish service (1607), and the Dutch explorers Jan Carstensz (1623), Dirk Hartog and Abel Tasman (1642), after whom is named the island of Tasmania, but which he himself originally named after Anthoonij van Diemenslandt.

The 1980s is regarded as perhaps a golden age of Australian cinema, with many wildly successful films, from the dark science fiction of Mad Max to the blatantly commercial Aussie-bloke fantasy of Crocodile Dundee, a film that defined Australia in the eyes of many foreigners despite having remarkably little to do with the lifestyle of most Australians. The indigenous film industry continues to produce a reasonable number of films each year, also many US producers have moved productions to Australian studios as they discover a pool of professional talent well below US costs. Notable productions include The Matrix and the Star Wars episodes II and III.

To be accepted into Australia under the migration program a person must be a skilled migrant or sponsored by a family member that already lives in Australia, a third class covers special eligibility migrants which includes Australians returning to Australia that had to give up citizenship to live overseas.

Since the end of World War II, the population of Australia has more than doubled; non-European immigration, mostly from the Middle East and Asia, has increased significantly since 1945 through an extensive, planned immigration program. From 1945 through 1996, nearly 5.5 million immigrants settled in Australia, and about 80% have remained; nearly one of every four Australians is foreign-born. Britain and Ireland have been the largest sources of post-war immigrants, followed by Italy, Greece, New Zealand, and the former Yugoslavia.

Melbourne is home to nine of the sixteen teams in the Australian Football League, whose five Melbourne games per week attract an average 35,000 people per game. Melbourne hosts the Australian Open tennis, one of the four Grand Slam tournaments; the Melbourne Cup - the most prestigious handicap horse race in the world; the hugely popular 'Boxing Day' cricket test match held each year from 26-30 December at the Melbourne Cricket Ground (a massive arena that can hold up to 100,000 spectators); the Australian Grand Prix Formula One championship.