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
NewsGive your business a boost: Retail innovation program applications open soonOur program empowers small business owners to adapt and innovate in the face of unprecedented change.25 September 2020
NewsWaiving fees to support businesses, community and culture in our cityNew measures to benefit Sydney businesses and organisations on their path to recovery22 September 2020
NewsWelcoming more people to safely enjoy our city in summerOutdoor dining and events in new open spaces will attract more people and support Sydney’s economic recovery22 September 2020
NewsSupport available for Sydney’s after dark businessesA grant could help your business offer new night-time activities, put on gigs, or collaborate with artists.10 August 2020
NewsCultural, community, business and environment grants open for 2021Apply to reboot your business, support the green economy and revitalise our city spaces.30 July 2020
NewsJoin the Local Rewards program: prepaid gift cards that give back to the communityBusiness owners in Surry Hills, Redfern, Chippendale, Darlinghurst and Potts Point are invited to join a new project led by Surry Hills Creative Precinct.28 July 2020
NewsNew Covid-19 rules for Sydney businesses: Check the requirementsAvoid fines or closures by making sure your business is operating safely under the latest NSW Health guidelines.27 July 2020
NewsBecome a Covid-19 safe small businessHelp keep our communities safe.8 July 2020
NewsGrants help businesses adapt during the Covid-19 pandemicLocal entrepreneurs have received a lifeline with funds from the City of Sydney.3 July 2020
NewsPromote your upcoming event free on What’s On The recently relaunched website is seeing a steady increase in traffic as Sydneysiders take advantage of easing public health restrictions.1 July 2020