finance
What Consumers and Everyday Residents Need to Understand About Broadmeadows Small Businesses
Council upgrades and local hubs aim to support the area's diverse small business owners amid ongoing economic pressures.
How we reported this

Hume City Council is receiving $250,000 under the state's $6 million Multicultural Business Precinct Revitalisation Program to upgrade shopping strips on Barry Road, Olsen Place, and Mahoneys Road in Broadmeadows.
Residents see these changes as direct efforts to increase foot traffic for small businesses that already operate in a suburb with one of Victoria's highest unemployment rates. The funding targets specific precincts where everyday purchases at local shops can help sustain owners facing those conditions.
Precincts and ownership patterns
Broadmeadows contains three key multicultural business precincts along the Campbellfield and Broadmeadows strips. Around 56% of small businesses there are owned by people with at least one parent born overseas, reflecting the area's Turkish, Nepalese, and Filipino communities. Consumers who shop at these strips therefore support a business base shaped by that demographic mix.
Broadmeadows Central serves as the suburb's primary sub-regional retail centre at 1099-1169 Pascoe Vale Road and hosts numerous small businesses and shopping venues. StartNorth operates as Hume City Council's dedicated 24/7 coworking space at Lo12 Dimboola Road, offering affordable office space, mentorship, and networking for startups and small businesses.
Jobs hub investment
The converted Broadmeadows Town Hall represents a $13 million council investment that functions as a mixed-use jobs hub and affordable office incubator for small business owners. Everyday residents can direct spending toward the upgraded strips and the central retail centre to reinforce these support structures without needing to track external economic shifts.
Shoppers gain from understanding that routine choices at Barry Road, Olsen Place, Mahoneys Road, and Broadmeadows Central outlets contribute to the same local ecosystem the council programs target. Visiting StartNorth events or the town hall incubator spaces when open provides additional ways to engage with the businesses directly.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.
References Sourced but Not Limited to:
- premier.vic.gov.au · Revitalising victorias multicultural business precincts
- hume.vic.gov.au · StartNorth Workspace
- hume.vic.gov.au · New Business Support
- parliament.vic.gov.au · HANSARD 2145855009 29410
- vpa.vic.gov.au · Big plans broadmeadows
- djsir.vic.gov.au · Employment and small business
- yellowpages.com.au · Categories