The city also has a research and development hub for Ford Australia, as well as a global design studio and technical centre for General Motors and Toyota Australia respectively. In the 2024 Global Financial Centres Index, Melbourne was ranked as having the 28th most competitive financial centre in the world. Two of the big four banks, the ANZ and National Australia Bank, are headquartered in Melbourne. The city was rated 41st within the top 50 financial cities as surveyed by the MasterCard Worldwide Centers of Commerce Index (2008), second only to Sydney (12th) in Australia.
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