Home to numerous foreign bank: Citigroup, UBS Astralia, HSBC Bank Australia
The HQ of the Reserve Bank of Australia and more than half of Australia top companies are located here
Around 500 MNC's have regional HQs here ie Unilevel Australasia
The Stock Exchage has a daily turnover of $4.685 billion
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Political Characteristics
128 foreign embassies
No overall governing body - it is divided into local government areas much like the London boroughs
Sydney is lead by an Elected Lord Mayor
Very few political events have been held here - tend to be regional development conferences
Australian UN headquarters are located in Canberra but Australia UNHCR and UNICEF HQs are in Sydney
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Demography
Population: 4.6million - 40% were born overseas (UK, New Zealand and China) and only 1% identify as of indigenous origin
Sydney University is in the top 3 of the country and 38th in the world rankings - 5 Nobel laureates are associated with the university as students or staff. A hotspot of rresearchers and businesses
81,000 millionaires reside here (25% of all in Sydney)
Immigration was incentivised as there was a lack of public sector professional
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Infrastructure Characteristics
1 major International Airport - Sydney Kingsford Smith which handled 35million passengers in 2011
Major base for Qantas airline
Was once home to the largest tramline in the world but it has been largely closed due to the convenience and ease of road travel
Sydney Harbour is internationally famous - in 2012/13 14.9million ferry journeys were made in the Harbour and Paramatta River, largely due to toursim. busiest harbour in Australia
28 5* hotels and 133 4* hotels
World Class Shopping Centre
The Quay is Syndey's mos famous restuarant and has been consistently ranked as the best restaurant in the country - no michelin stars though
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Cultural Characteristics
2.7million international tourists in 2012 on top of 7million domestic visitors.
Sydney Harbour Bridge, nicknames the coat hanger bridge, was the world’s longest spanning bridge until the construction of the Port Mann Bridge in Vancouver.
Sydney Opera House was added to the world heritage list in 2007 and is host to the Sydney Symphony. It is famous all over world as a sight of beauty and thousands of tourists flock to the city to see the architecture as well as visit the hall inside.
Sydney hosted the Olympics in 2000, where Sir Steve Redgrave famously won his fifth Olympic gold medal.
The international attended Sydney film festival in June often premieres the latest blockbusters to be made as well as Sydney being a popular setting for many Hollywood films i.e. The Matrix.
Many hugely popular children’s TV shows also originated in Sydney for example Bananas in Pyjamas and the wiggles.
The oldest museum in Australia, The Australia Museum, is located in the city
The most famous destination in Sydney is Bondi Beach, where millions of people will flock every year. Predominantly British and Irish people who want to have a summer Christmas on the beach
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