The City of Sydney is at the heart of Australia’s push toward innovation. 

Our financial services sector creates almost 10% of our national Gross Domestic Product and is so large in scale that it outperforms those existing in regional competitive hubs such as Hong Kong and Singapore. Innovation in Fintech continues to create new avenues for growth, with Sydney being home to more than half of Australia’s Fintech companies. NYU Sydney’s academic centre is located within walking distance of the financial hub of Barangaroo, the Australian Stock Exchange, the Startup Hub, and the Central Business District.

It is the city’s diverse pool of skilled workers that has lead Sydney to become a regional hub for services and innovation. Roughly one-third of Sydney’s workforce were born overseas and more than 200 languages are spoken across Sydney. This multilingual, highly skilled workforce, coupled with an open climate for investment has positioned Sydney as the 8th most attractive financial centre in the Global Financial Centres Index (GFCI). 

The city is also the state’s champion for services, accounting for 86% of New South Wales’ (NSW) industry output. In fact the NSW economy dominates all national service sector industries, boasting the largest sectors in all but construction. Students studying and interning in Sydney will have the opportunity to explore the city’s knowledge-based services, ICT and creative industries along with health, media and telecommunications. 

Australia’s education sector is also an area of strength with 5 Australian universities ranking within the top 50 global institutions, as measured by QS. These positions mirror a regional push whereby 17 of the top 50 are now located in Australasia, just 2 behind the United States, and 6 more than the UK/EU combined. By 2025, Australia’s onshore international education sector is forecast to grow by 3.8 percent annually to just under 1 million enrollments. International education is already the third largest export for the Australian economy, delivering over $35 billion dollars in 2018.