Sydney is the most populous city in Australia, with a
metropolitan area population of approximately 4.28 million. Sydney is the
state capital of New South Wales, and is the site of the first European colony
in Australia, established in 1788 at Sydney Cove by Arthur Phillip, leader of
the First Fleet from Britain. A resident of the city is referred to as a Sydneysider.
Sydney is located on Australia's south-east coast. The city is built around Port
Jackson, which includes Sydney Harbour, leading to the city's nickname, "the
Harbour City". It is Australia's largest financial centre and is home to the
Australian Stock Exchange. Sydney's leading economic sectors include property
and business services, retail, manufacturing, tourism, media, and health and
Sydney is a major international tourist destination notable for its beaches and
twin landmarks: the Sydney Opera House and the Harbour Bridge. The metropolitan
area is surrounded by national parks, and contains many bays, rivers and inlets.
It has been recognised as a global city by the Loughborough University group's
1999 inventory. The city has played host to numerous international sporting
events, including the 1938 British Empire Games, 2000 Summer Olympics and the
2003 Rugby World Cup. In September 2007, the city is hosting the leaders of the
21 APEC economies for APEC Australia 2007, and in 2008 will host World Youth
Sydney is one of the most multicultural cities in the world which reflects its
role as a major destination for immigrants to Australia.