Melbourne was once Australia’s most important city and served as the capital until Canberra
was built in 1927. Melbourne is a major centre of business, commerce and cultural activity. The city is often called the sporting capital of Australia as it is home to many of Australia's major annual sporting events, and was the host of the 1956 Summer Olympics and the 2006 Commonwealth Games.
The city is situated in the bay of Port Phillip, the centre is near to the Yarra River and is known as the City of Melbourne. Melbourne is home to many of the multinational countries located in Australia including the National Australia Bank, large companies from every industry especially in biotech, IT and finance are housed here alongside the busiest port in Australia.
Federation Square at the junction of Flinders and Swanston Street is the heartbeat of Melbourne's commercial and nightlife quarters and one of the most important landmarks in Melbourne. Other notable sites include Docklands which is filled with shops, restaurants and entertainment venues along the waterside.
There is an extensive tram network in the city, is the third largest in the world. Car is the main mode of transport however there is a rail network and underground system, Flinders Street Station is the main station with connections to Sydney
and Adelaide. The nearest airport is Melbourne Airport although the city is served by four different airports. Melbourne Airport operates regular flights to Asia, the UK and the US.