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Sydney is the most populous city in Australia, with a metropolitan area population of approximately 4.28 million (2006 estimate). It is the state capital of New South Wales, and was the site of the first British colony in Australia. It was 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.
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Sydney is situated 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 noted for the Sydney Opera House and the Harbour Bridge, and its beaches. The metropolitan area is surrounded by national parks, and contains many bays, rivers and inlets. It is listed as a beta world city by the Loughborough University group's 1999 inventory and ranked 16th among global cities by Foreign Policy's 2008 Global Cities Index. The city has hosted international sporting, political and cultural events, including the 1938 British Empire Games, 2000 Summer Olympics and the 2003 Rugby World Cup. In September 2007, the city hosted the leaders of the 21 APEC economies for APEC Australia 2007, and in July 2008 hosted World Youth Day 2008. The main airport serving Sydney is Sydney Airport.
Sydney is one of the most multicultural cities in the world, which reflects its role as a major destination for immigrants to Australia. According to the Mercer cost of living survey, Sydney is Australia’s most expensive city, and the 15th most expensive in the world.
History
Radiocarbon dating suggests that the Sydney region has been inhabited by indigenous Australians for at least 30,000 years. When the First Fleet arrived in 1788, 4000 to 8000 Aboriginal people lived in the region. The British called them "Eora", because being asked where they came from, these people would answer: "Eora", meaning in their language: "here", or "from this place". There were three language groups in the Sydney region, which were divided into dialects spoken by smaller clans. The principal languages were Darug (the Cadigal, original inhabitants of the City of Sydney, spoke a coastal dialect of Darug), Dharawal and Guringai. Each clan had a territory; the location of that territory determined the resources available. Although urbanization has destroyed most evidence of these settlements (such as shell middens), Sydney and its environs have rock drawings and carvings because of the nature of the rock, Hawkesbury sandstone.
In 1770, British sea captain Lieutenant James Cook landed in Botany Bay on the Kurnell Peninsula. It is here that James Cook made first contact with an Aboriginal tribe known as the Gweagal. Under instruction from the British government, a convict settlement was founded by Arthur Phillip, who arrived at Botany Bay with a fleet of 11 ships on 20 January 1788. This site was soon found to be unsuitable for habitation, owing to poor soil and a lack of reliable fresh water. Phillip founded the colony, further up the coast, at Sydney Cove on Port Jackson on 26 January 1788. He named it after the British Home Secretary, Thomas Townshend, Lord Sydney, in recognition of Sydney's role in issuing the charter authorising Phillip to establish a colony. The original name was intended to be Albion until Phillip decided on Sydney. In April 1789 a disease, thought to be smallpox, killed an estimated 500 to 1000 Aboriginal people between Broken Bay and Botany Bays. There was violent resistance to British settlement, notably by the warrior Pemulwuy in the area around Botany Bay, and conflicts were common in the area surrounding the Hawkesbury River. By 1820 there were only a few hundred Aborigines and Governor Macquarie had begun initiatives to 'civilize, Christianize and educate' the Aborigines by removing them from their clans.
The International Exhibition of 1879 at the Garden PalaceMacquarie's tenure as Governor of New South Wales was a period when Sydney was improved from its basic beginnings. Roads, bridges, wharves and public buildings were constructed by British and Irish convicts, and by 1822 the town had banks, markets, well-established thoroughfares and an organised constabulary. The 1830s and 1840s were periods of urban development, including the development of the first suburbs, as the town grew rapidly when ships began arriving from Britain and Ireland with immigrants looking to start a new life in a new country. On 20 July 1842 the municipal council of Sydney was incorporated and the town was declared the first city in Australia, with Charles H. Chambers the first mayor. The first of several gold rushes started in 1851, and the port of Sydney has since seen many waves of people arriving from around the world. Rapid suburban development began in the last quarter of the 19th century with the advent of steam powered tramways and railways. With industrialisation Sydney expanded rapidly, and by the early 20th century it had a population well in excess of one million. The Great Depression hit Sydney badly. One of the highlights of the Depression era, however, was the completion of the Sydney Harbour Bridge in 1932.
A rivalry has traditionally existed between Sydney and Melbourne since the gold rushes of the 1850s grew the capital of Victoria into Australia's largest and richest city. Sydney overtook Melbourne in population in the early years of the 20th century, and has remained the largest city in Australia since this time. During the 1970s and 1980s Sydney's CBD with the Reserve Bank and Australian Stock Exchange clearly surpassed Melbourne as the nation's financial capital. Throughout the 20th century, especially in the decades immediately following World War II, Sydney continued to expand as large numbers of European and later Asian immigrants populated the metropolitan area. The culture brought about by immigrants was a major factor in the city's diverse and highly cosmopolitan atmosphere.
Economy
The largest economic sectors in Sydney, as measured by the number of people employed, include property and business services, retail, manufacturing, and health and community services. Since the 1980s, jobs have moved from manufacturing to the services and information sectors. Sydney provides approximately 25 percent of the country's total GDP.[42] The Australian Securities Exchange and the Reserve Bank of Australia are located in Sydney, as are the headquarters of 90 banks and more than half of Australia's top companies, and the regional headquarters for around 500 multinational corporations. Of the ten largest corporations in Australia (based on revenue), four have headquarters in Sydney (Caltex Australia, the Commonwealth Bank, Westpac, and Woolworths). Fox Studios Australia has large movie studios in the city. The Sydney Futures Exchange (SFE) is one of the Asia Pacific's largest financial futures and options exchanges, with 64.3 million contracts traded during 2005. It is the 12th largest futures market in the world and the 19th largest including options.
The city has the highest median household income of any major city in Australia (US$42,559 PPP). As of 2004, the unemployment rate in Sydney was 4.9 percent. According to The Economist Intelligence Unit's Worldwide cost of living survey, Sydney is the sixteenth most expensive city in the world, while a UBS survey ranks Sydney as 15th in the world in terms of net earnings. As of 20 September 2007, Sydney has the highest median house price of any Australian capital city at $559,000. Sydney also has the highest median rent prices of any Australian city at $450 a week. A report published by the OECD in November 2005, shows that Australia has the Western World's highest housing prices when measured against rental yields. Sydney has been classified as a "Beta" global city by the Globalization and World Cities Study Group and Network.
Shopping locations in the central business district include the Queen Victoria Building, the pedestrian mall on Pitt Street, and international luxury boutiques in the quieter, northern end of Castlereagh St. Oxford Street in Paddington and Crown Street, Woollahra are home to boutiques selling more niche products, and the main streets of Newtown and Enmore cater more towards students and alternative lifestyles. Many of the large regional centres around the metropolitan area also contain large shopping complexes, such as Parramatta in Western Sydney, Bondi Junction in the Eastern Suburbs and Chatswood on the North Shore, most of which are Westfield brand shopping centres.
Sydney received 7.8 million domestic visitors and 2.5 million international visitors in 2004.
Demographics
The 2006 census reported 4,119,190 residents in the Sydney Statistical Division, of which 3,641,422 lived in Sydney's urban area. Inner Sydney was the most densely populated place in Australia with 4,023 persons per square kilometre.[54] The statistical division is larger in area than the urban area, as it allows for predicted growth. A resident of Sydney is commonly referred to as a "Sydneysider".
Freedom Arch in Cabramatta, a suburb home to a large proportion of Sydney's Vietnamese populationIn the 2006 census, the most common self-described ancestries identified for Sydney residents were Australian, English, Irish, Scottish and Chinese. The Census also recorded that two per cent of Sydney's population identified as being of indigenous origin and 31.7 per cent were born overseas. The three major sources of immigrants are the United Kingdom, China and New Zealand. Significant numbers of immigrants also came from Vietnam, Lebanon, Italy, India and the Philippines. Most Sydneysiders are native speakers of English; many have a second language, the most common being Arabic (predominately Lebanese), Chinese languages (mostly Mandarin or Cantonese), and Italian. Sydney has the seventh largest percentage of a foreign born population in the world, ahead of cities such as the highly multicultural London and Paris.
The median age of a Sydney resident is 34, with 12 per cent of the population over 65 years. 15.2 per cent of Sydney residents have educational attainment equal to at least a bachelor's degree, which is lower than the national average of 19 per cent.
In the 2006 census, 64 per cent of the Sydney residents identified as Christians, 14.1 per cent had no religion, 10.4 per cent left the question blank, 3.9 per cent were Muslims, 3.7 per cent were Buddhists, 1.7 per cent were Hindus and 0.9 per cent were Jews.
Entertainment and performing arts
Sydney Opera House Concert HallSydney has a wide variety of cultural institutions. Sydney's iconic Opera House has five theatres capable of hosting a range of performance styles; it is the home of Opera Australia—the third busiest opera company in the world, and the Sydney Symphony. Other venues include the Sydney Town Hall, City Recital Hall, the State Theatre, the Theatre Royal, Sydney, the Sydney Theatre and the Wharf Theatre.
The Sydney Dance Company under the leadership of Graeme Murphy during the late 20th century has also gained acclaim. The Sydney Theatre Company has a regular roster of local plays, such as noted playwright David Williamson, classics and international playwrights.
In 2007, New Theatre (Newtown) celebrated 75 years of continuous production in Sydney. Other important theatre companies in Sydney include Company B and Griffin Theatre Company. From the 1940s through to the 1970s the Sydney Push, a group of authors and political activists whose members included Germaine Greer, influenced the city's cultural life.
Giraffes at the world famous Taronga ZooThe National Institute of Dramatic Art, based in Kensington, boasts internationally famous alumni such as Mel Gibson, Judy Davis, Baz Luhrmann and Cate Blanchett. Sydney's role in the film industry has increased since the opening of Fox Studios Australia in 1998. Prominent films which have been filmed in the city include Moulin Rouge!, Mission Impossible II, Star Wars episodes II and III, Superman Returns, Dark City, Son of the Mask, Stealth, Dil Chahta Hai, Happy Feet and The Matrix. Films using Sydney as a setting include Finding Nemo, Strictly Ballroom, Mission Impossible II, Muriel's Wedding, Our Lips Are Sealed, Independence Day and Dirty Deeds. Many Bollywood movies have also been filmed in Sydney including Singh Is Kinng, Bachna Ae Haseeno, Chak De India, Heyy Babyy. As of 2006, over 229 films have been set in, or featured Sydney.
Sydney's most popular nightspots include Kings Cross, Oxford Street, Darling Harbour, Circular Quay and The Rocks which all contain various bars, nightclubs and restaurants. Star City Casino, is Sydney's only casino and is situated around Darling Harbour. There are also many traditional pubs, cafes and restaurants in inner city areas such as Newtown, Balmain and Leichhardt. Sydney's main live music hubs include areas such as Newtown and Annandale, which nurtured acts such as AC/DC, Midnight Oil and INXS. Other popular nightspots tend to be spread throughout the city in areas such as Bondi, Manly, Cronulla and Parramatta.
Source: Wikipedia

