City economic insights

A quarterly snapshot that explores emerging economic and business trends and seeks to understand their longer-term impacts on the city.

Groups of people enjoy outdoor dining and socialising on suburban streets

The study shows how people use, visit and spend in the city.


  • Local spend across Sydney has recovered to 98% of pre-pandemic levels (after adjusting for inflation) 
  • Monthly local spend in March 2023 was $704 million up from $617 million in March 2022 
  • Public transport journeys to central Sydney grew strongly in the 12 months to March 2023, rising to 84% of pre-pandemic levels 
  • Sydney had 247,000 international visitor arrivals in February, up 16% from February 2022 
  • International student arrivals to Australia  increased to 74% of 2019 levels. Sydney’s international student population continues to exceed the national average, increasing 6% from November 2021 to November 2022.
City insights snapshotPDF · 343.78 KB · Last modified