With the growth of economy competition in the whole world, Sydney is driving the national economy where had contributed almost forty percent of Australia’s financial growth every year. Sydney expanded 4.3 percent in last year which is its fastest financial growth in recent 14 years and this city’s annual production achieved 353 billion which is almost a third of Australia’s whole domestic production. This essay chooses Sydney economy growth as a topic to examine the complex elements of increasing the financial rate, explore the reason why Sydney reached the fastest growth in recent years and find other advantages within the developed Sydney.

The strength of the local economy with the largest development in the professional and business services sector which increased more than 500 new areas. After professional and business services, the second largest increases were in the food and drink department, follows by the retail and personal services. Not only the various sectors, the business numbers are increasing across all 10 villages in the local area within the biggest employment growth being on the boundary of the city central. Jobs in Ultimo and Pyrmont have raised 46% and the area near Chinatown and Haymarket improved 23.4% while the number of business in central area increased 37% in last five years. Sydney is regarded as the global city in Australia and the also leading knowledge-based economy in the nation. Despite the growth business regions such as North Sydney, Olympic Park and Parramatta, the city of Sydney has maintained its superior role due to its large economic base such as the network of globally competitive industries, developed infrastructure, governance and daily living conditions. However, Sydney’s economy growth underperformed for much of the last ten years. Since the mini boom in 2000, the impacts of the mini boom fade is emerged as crucial