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
NewsWelcoming customers back: what to expect with restrictions easingWe’re here to support businesses in our area reopen safely.12 October 2021
News10 small Sydney businesses to buy gifts from through lockdownLocals share their favourite places to buy gifts from during lockdown.22 September 2021
NewsSmall business experts share tips for growth in turbulent timesUse a bit of downtime to upskill, sharpen your digital marketing expertise and learn from the best.20 July 2021
NewsCovid-19: Support for businessBusinesses of all types and sizes in our local area are hurting. Help is available.12 July 2021
NewsSydney New Year’s Eve photography: expression of interestThe City of Sydney is seeking to engage photographers to capture the Sydney New Year’s Eve event.2 July 2021
NewsLaunch your food career with FoodLab SydneyJoin a vibrant community of successful food businesses, social enterprises and food consultants and launch your career in food.18 June 2021
NewsBusiness NSW Business Awards 2021 entries openRecognising outstanding businesses and businesspeople across the city and NSW.19 May 2021
NewsA chance to see your business’s name up in lightsAsk your customers to share why they love your business and you might be featured in a city-wide marketing campaign.17 May 2021
NewsHow quantum ideas and biotech will transform our worldLearn how global experts are tackling big challenges, from democratising healthcare to next-gen computing and data security.17 May 2021
NewsIn pictures: Raising the Bar 2021Leading Sydney visionaries, entrepreneurs and thought leaders gave talks on trends, innovations and cutting-edge ideas that are shaping our future on 28 April.13 May 2021