This is the area where Oprah spoke when she was in Melbourne. Some people think these buildings are really ugly, but I think they're kind of cool. In one, you find the National Gallery of Victoria (NGV). The other has the Australian Centre for the Moving Image (ACMI), which I haven't visited yet. There are always various events going on in this area, and a lot of folks just hang out in the space outside just eating lunch or people-watching.
Across the street is St. Paul's Cathedral. It's very beautiful inside too. Across the Yarra River, you can also see the Arts Centre Spire.
If you walk down the river a little bit, you come to this Ferris wheel. In the background, you can see the Melbourne Cricket Ground (MCG) where we saw the footy game. On the streets surrounding Federation Square and Flinders Street Station, there are all sorts of restaurants, souvenir shops, specialty stores, and even an Ugg store! There are several more pictures on my Shutterfly website, so check them out if you're interested. I had a fun afternoon last week exploring this iconic part of the city!