Melbourne’s score increased by 32 points, driven by a significant 23% rise in food-related risks. This reflects escalating challenges in agricultural sustainability, rising food costs, and policy-driven disruptions. A 12% improvement in government risk signals advancements in regulatory stability and governance. However, climate, health, water, and conflict risks remain unchanged, creating a mixed but increasingly volatile risk environment.

Recent events contributing to this profile include:

Australian Farmers’ Concerns Over Government Policies: Farmers highlight frustrations with policies such as live export bans and renewable energy projects, which are perceived as damaging to their industries and food supply chains.

Rising Food Costs in Indigenous Communities: Remote regions in Australia are experiencing skyrocketing food costs, exacerbating food insecurity and economic pressures.

EU Revises Deforestation Regulations Affecting Australian Agriculture: The EU delayed enforcing stricter deforestation rules after concerns from Australia, reflecting complex trade relationships and their impact on global agriculture.

These developments indicate rising risks for Melbourne, particularly in food security, while government improvements provide some stability.