Are you operating in a high risk suburb?
Developed by Griffith University and the University of Newcastle, Red alert suburbs: An employment vulnerability index for Australia's major urban regions, is searchable by city and major urban areas.
It ranks suburbs at high, medium and low risk according to the Employment Vulnerability Index (EVI) - a measure of how exposed borrowers in a particular suburb are to potential job losses and how well placed they are to escape disadvantage associated with increasing unemployment.
Suburbs at high risk in Sydney include Abbotsbury, Bonnyrigg Heights, Cabramatta, Fairfield, Rocky Point and Wakeley.
To access the report and do your own search, click here
Associate Professor Scott Baum, from Griffith's Urban Research Program, said the high risk suburbs include the traditional battler suburbs.
"All cities and communities will face potential job losses as the economic crisis worsens, but the EVI shows that many will be more affected than others," he said.
"While job losses will be located in some of Australia's most disadvantaged suburbs, other places which have been advantaged by the economic prosperity of recent years will also face increasing unemployment risk."
Professor Bill Mitchell, from the University of Newcastle's Centre of Full Employment and Equity, said new arenas of socio-economic disadvantage that will emerge as a result of the current crisis include the mortgage belt areas in the major cities and regions.
"A significant challenge relates to the outcomes in many suburbs that have been largely immune in the past from unemployment and the disadvantage associated with it.
Baum and Mitchell said the Federal government should prioritise the minimisation of job loss.