Business & economy
Sydney is recognised as Australia’s only global city and the leading knowledge-based region in the nation.
Why we’re doing this
In 2018/19, around $140 billion was generated within our area representing over 7% of Australia's economy. This in turn provided over half a million jobs across all skills levels that offer diverse opportunities for diverse communities.
Despite the growth of business districts such as North Sydney, Parramatta, Macquarie Park, Olympic Park and the growth corridor to the north-west, we have maintained our pre-eminent role. This is due to our area's large economic base including a dense network of globally competitive industries, well-developed infrastructure, good governance, and outstanding amenities and living environment.
Over the past decade our economy has proven its resilience by withstanding both internal and external economic shocks such as the global financial crisis. The number of businesses in the city grew by nearly 4,000 between 2007 and 2017. However, this does not mean our economy is not faced with challenges that need to be addressed to maintain continued growth and Sydney’s global reputation for liveability.
Our 10-year economic development strategy will help deliver our vision for a dynamic, environmentally sustainable economy and a liveable city that works for residents, workers, visitors and students.
City of Sydney News
NewsHave your say on Sydney’s business needsThe needs and priorities of businesses across Sydney are being put under the spotlight through a survey that will help shape future support.9 August 2022
NewsBe an official Sydney New Year’s Eve 2022 photographerUp to 7 applicants will capture the program of events.1 August 2022
NewsRun the Victoria Park Pool cafeApplications are open for expressions of interest to manage and operate the spot.19 July 2022
NewsAngel Place and surrounds: Get involved in Your Street, Your PartyThe street party is coming in July9 June 2022
NewsFrom self-driving cars to corporate carbon tracking, global thinkers discuss a ‘future to be determined’Invention to innovation: how disruptive technology can have a positive impact on the world.1 June 2022
NewsThe NSW Government’s new single-use plastics bans and what they mean for your businessSome single-use plastics will be banned from 1 June in New South Wales.24 May 2022
NewsDigital experts share marketing and growth tips for small businessesOur Reboot series returns with more invaluable advice to help you drive growth21 March 2022
NewsBe part of American Express Delicious Month OutThe business support program returns in May bigger and better than ever.8 March 2022
NewsCharge Up Challenge: Applications close soonJoin our free innovation accelerator program to take your business to the next level.4 March 2022
NewsHow to support local hospitality right nowThe latest wave of Covid-19 has been a challenge for our community.31 January 2022