Sydney, the largest city in Australia and the capital of New South Wales, is recognized for its strong economy and vibrant culture. Generating approximately $93 billion annually, Sydney constitutes over 5% of the national economy and is seen as Australia's economic powerhouse. Sydney is also a leading destination for international tourists, famed for its iconic Sydney Opera House and Harbour Bridge. Key activities in Sydney include financial services, tourism, and professional services.
The metropolis not only thrives as a centre for commerce and innovation but also leads in environmental stewardship. Sydney's digital infrastructure, supported by New South Wales’ significant investments in smart city technologies, also enhances its urban efficiency and connectivity.
Despite its robust infrastructure and governance, Sydney has encountered challenges to its liveability primarily due to the high cost of living, with real estate prices among the highest globally. However, the city has implemented planning reforms to increase the availability of affordable housing and invested heavily in public transport to bolster accessibility.
