Sydney central business district
in Sydney, AustraliaCategory: Attraction
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8 Macquarie St, Sydney NSW 2000, Australia Print route »
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The Sydney central business district (also Sydney CBD, and often referred to simply as "the Town" or "the City") is the main commercial centre of Sydney, the state capital of New South Wales and the most populous city in Australia. It extends southwards for about 3 km (2 mi) from Sydney Cove, the point of first European settlement in which the Sydney region was initially established. Due to its pivotal role in Australia's early history, it is one of the oldest established areas in the country.
Geographically, its north–south axis runs from Circular Quay in the north to Central railway station in the south. Its east–west axis runs from a chain of parkland that includes Hyde Park, The Domain, Royal Botanic Gardens and Farm Cove on Sydney Harbour in the east; to Darling Harbour and the Western Distributor in the west. At the 2016 Australian Census, the CBD recorded a population of 17,252. "Sydney CBD" is very occasionally used to refer not only to the CBD proper, but also its nearby inner suburbs such as Pyrmont, Haymarket, Ultimo and Woolloomooloo.
The Sydney CBD is Australia's main financial and economic centre, as well as a leading hub of economic activity for the Asia-Pacific region. The city centre employs approximately 13% of the Sydney region's workforce. Based on industry mix and relative occupational wage levels it is estimated that economic activity ( GDP ) generated in the city in 2015/16 was approximately $118 billion. Culturally, the city centre is Sydney's focal point for nightlife and entertainment. It is also home to some of the city's most significant buildings and structures.
