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
NewsRegister your interest to become our events and festivals charity partnerWe’re seeking charity partners for Sydney New Year’s Eve, Sydney Christmas and Sydney Lunar Festival12 April 2021
NewsCreate unique experiences for residents and visitors this winterSydney Solstice invites businesses to come up with creative celebrations in the city.25 March 2021
NewsNon-resident businesses and property owners voting in the City of Sydney electionIf you own, occupy or lease property in our area but live elsewhere, you may be allowed to vote in the September council election.15 March 2021
NewsPartner with a City of Sydney eventWe're calling for expressions of interest in sponsorship opportunities.8 March 2021
NewsRegister your business for the Dine & Discover NSW programSign-up to the NSW Government scheme so customers can use their free vouchers at your venue1 March 2021
NewsRound 1 grants now open for 2021We support projects that build the social, cultural, environmental and economic life of our city.24 February 2021
NewsDigital retail: Challenges, opportunities and pitfalls2 experts offer their thoughts on the changing face of shopping.22 February 2021
NewsJoin 2021’s tastiest food celebrationYour restaurant, café or bar can be part of the American Express Delicious Month Out in May.17 February 2021
NewsHow to adapt your business to the 2021 workplaceManagement expert Ben Thompson shows why a successful business is a good employer and how you can shape up.9 February 2021
NewsPropel your business to the next levelOur retail innovation program: adapt and advance series is now calling for participants.12 January 2021