The State of Sydney

The Committee’s sister organisation, the Committee for Sydney, released its latest State of the City report in February. The report found Sydney is the epicenter of Australian innovation with NSW attracting 57% of venture capital raised nationally, and around 75% of the innovation hubs, programs and businesses supporting emerging technologies based in Sydney.

Sydney has steadily reduced its emissions on average by 3.2% each year, while economic activity has grown by 50 percent

Economic transition in the west of Sydney is underway, with higher levels of educational attainment and growing value-added industries closing the education gap between Eastern and Western Sydney.

7.2 million people attended Sydney’s diverse suite of major events in 2023, achieving a new record.

Most categories of violent crime in Sydney have declined markedly over 20 years, but there is rising incidence of domestic violence and intimidation and harassment.

Home ownership rates are declining by 4% every 10 years and the city is not on track to deliver the 30,000 new homes it needs each year until 2041.

Average temperatures in Sydney are increasing. In 2023, Sydney recorded its all-time highest monthly average temperatures in March and July

Sydney is a reference city for Auckland in our own annual State of the City report. Auckland’s State of the City 2024 will be out later this year.