An increasing number of corporations began opening their offices in Southbank. PricewaterhouseCoopers relocated their office from Spring Street to Freshwater Place in 2005. JB Hi-Fi relocated their corporate headquarters from Chadstone Shopping Centre to Southgate in 2020, after their acquisition of The Good Guys (Australian company). Other names on the list include Fujitsu, and Foster's Group. In May 2008 the Victorian Government created the new suburb place and name ‘South Wharf’, in the western end of Southbank (now encompassing the Melbourne Convention & Exhibition Centre and the Polly Woodside National Trust museum). South Wharf is home to several large apartment buildings, along with a hotel and a large shopping centre precinct. Southbank and South Wharf share the same postcode (3006).