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The Sydney central business district (CBD) is the historical and main commercial centre of Sydney. The CBD is Sydney's city centre, or Sydney City, and the two terms are used interchangeably. Colloquially, the CBD or city centre is often referred to simply as "Town" or "the City". The Sydney city centre 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.
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 Garden and Farm Cove on Sydney Harbour in the east; to Darling Harbour and the Western Distributor in the west.
The Sydney City is Australia's main financial and economic centre, as well as a leading hub of economic activity for the Asia Pacific region.[2] In 2012, the number of workers operating in the city was 226,972.[3] 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.[4] 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.
^Australian Bureau of Statistics (28 June 2022). "Sydney Central Business District (suburb and locality)". Australian Census 2021. Retrieved 20 August 2022.
^Australia, Tourism (18 November 2021). "Sydney Industry Sectors - Business Events - Tourism Australia". businessevents.australia.com. Archived from the original on 19 June 2023. Retrieved 19 June 2023.
^"CBD and Harbour". City Of Sydney. 2012. Archived from the original on 5 August 2020. Retrieved 29 April 2019.
^"Australia's economic activity heavily concentrated in Sydney and Melbourne". taxpayer.com.au. 21 August 2014. Archived from the original on 1 April 2015. Retrieved 31 March 2015.
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