Living and Working in Sydney: A Hub for Lifestyle, Innovation, and Career Opportunities

As Australia’s economic capital, Sydney attracts major global investment and skilled talent that contribute to the success of businesses in the city. $86.4 billion has been allocated to the development of infrastructure in Sydney and other areas of New South Wales between 2024 and 2028, which further enhances the city’s appeal to both businesses and talent. 

Diversity and Inclusion 

Sydney has one of the most diverse workforces in the world, with professionals from all backgrounds contributing to business success by offering their different perspectives, experiences, and insights. This creates an environment where global talent can express their individuality and thrive at work, which benefits professionals and businesses alike. 

International Business Connections 

Sydney’s location in the Asia-Pacific region makes it a major contributor to global trade and business. With strong connections to economies in Asia, Europe, and the Americas, the city is an attractive base for businesses and senior professionals looking to access global networks. 

Sydney also boasts a well-connected network that carries over 750,000 passengers a day across various modes of transport, which makes it easy for professionals to collaborate and attend industry events and conferences. 

Leader in Innovation and Technology 

Sydney’s reputation as Australia’s leading technology hub is another factor that attracts businesses of all sizes. The city’s commitment to innovation and dedicated technology suburbs places Sydney at the forefront of digital transformation, offering exciting opportunities for professionals in all industries to contribute to major developments. 

Sydney Job Market Overview 

Sydney’s economy has experienced significant recent growth, particularly in the decade leading up to the pandemic, as shown by the following statistics from the City of Sydney Government website: 

There has since been a further increase in the number of local businesses in Sydney, with 82,636 recorded in 2023. Additionally, Sydney generates an impressive annual economic output of over $142 billion, an increase of $4 billion since pre-pandemic times. This consistent growth highlights the city’s resilience and positions it as a thriving professional environment. 

Because of Sydney’s strong economy, it is becoming an increasingly attractive option for executive talent. With an estimated metropolitan population of 5.24 million in 2025, it continues to attract senior professionals across a wide range of industries. The city is home to 33% of the ASX top 100 companies and boasts the highest-ranked startup ecosystem in the Southern Hemisphere, making it a great environment for career advancement and business opportunities 

Which Industries Are Thriving in Sydney? 

SaaS, Data Centres, and Electronics 

As Sydney’s technology sector continues to grow, so does the presence of SaaS companies in the city, with an average of 80 startups being launched annually over the past 10 years, according to Tracxn. Data centres are also benefiting from increased demand, with global leaders such as NextDC, Equinix, and AirTrunk operating facilities that attract innovative professionals to the city. 

Life Sciences and Medical Devices 

Sydney’s life science and medical devices sectors benefit from world-class research institutions and a growing demand for advanced healthcare solutions. The state of New South Wales is home to 55% of life sciences companies in Australia and ranks as the 3rd most efficient healthcare system in the world. The state also has 2 of the world’s top 20 universities, providing an ongoing pipeline of talent and research innovation. 

Construction and Civil Engineering 

Talent is in high demand in Sydney’s construction and civil engineering industries, with new developments including the Coffs Harbour bypass, the Sydney Harbour tunnel, and a bridge across the Macquarie River in Dubbo all requiring skilled talent and senior leaders capable of managing timelines and optimising operations. 

Renewable Energy 

An increasing number of businesses are aiming for net zero emissions in the future, and Sydney is at the forefront of this transition. Since 2020, the city has run on 100% renewable energy, which makes it an attractive location for senior professionals with expertise in solar and wind power. 

Mining 

Mining is still a key component of Australia’s economy, and advanced technologies and sustainability are helping the industry evolve. Sydney is therefore an ideal location for senior professionals who can improve operational efficiency and contribute to industry innovation. According to AusIMM, the industry supports over 40,000 jobs in New South Wales, with a vast number of these across numerous mines in the Sydney-Gunnedah Basin. 

In-Demand Skills in Sydney 

As Sydney’s economy continues to grow and diversify, the demand for senior professionals with industry-specific skillsets and leadership qualities is on the rise. Here are some of the most sought-after skillsets in Sydney’s executive job market: 

Sydney's Top Performing Companies 

AirTrunk 

AirTrunk has emerged as a leading data centre provider in the APAC region, transforming how businesses manage their digital infrastructure. Their innovative approach meets the increasing demand for high-performing data centres while also enhancing efficiency and sustainability. 

Atlassian 

Atlassian are leading innovators in software development and collaboration, with their products improving team productivity and project management across all industries. With their revenue increasing by 30% to $1.29 billion in the past 12 months, according to Diginomica, the company is a major contributor to Sydney’s thriving technology ecosystem. 

WiseTech Global 

WiseTech Global are thriving in the logistics software sector by streamlining supply chain management globally with their cloud-based platform. With annual growth projected at 23.9% for 2025, the company is further solidifying Sydney’s status as a hub for technological advancement.