Business Sydney

Business Sydney For two hundred years, we have worked to advance Sydney as a global, competitive, and liveable city.

02/06/2026

Followers of Business Sydney will know that we regularly keep an eye out for Cleveland House hoping that one day we will visit to find it in the process of being restored to again become an historic and architectural jewel of our great city.

Sadly, that day has not yet arrived based on our latest visit today. Built in 1823 and thought to have been designed by convict architect Francis Greenway, Cleveland House was one of the first grand houses of Sydney in our city’s earliest days.

Business Sydney has previously written to the City of Sydney and to the NSW Government seeking their intervention to save Cleveland House. We remain hopeful that they will be successful.

Cleveland House should not only be restored but also made accessible to Sydneysiders and visitors alike.

What if Sydney’s existing light rail network was extended from Kingsford all the way to La Perouse delivering thousands ...
12/05/2026

What if Sydney’s existing light rail network was extended from Kingsford all the way to La Perouse delivering thousands of new homes to address the housing crisis? It actually doesn’t have to be a “what if”. Business Sydney today releases a special study that proposes an ambitious new transport scheme involving an 8.5km extension to the existing link

The paper estimates that the extension from Kingsford to La Perouse could add more than 37,000 new homes. And the number of new homes delivered could rise to over 53,000 if the NSW Government decided to close the Long Bay correctional precinct in favour of housing.

Our Executive Director Paul Nicolaou says: “Completing the light rail ‘missing link’ to La Perouse is a classic ‘no-brainer’ that would build vibrant communities and address the city’s housing supply crisis. The Government is currently managing a big infrastructure program including some projects that it had inherited such as the Sydney Metro. However, the pipeline of new infrastructure projects is looking a bit lean but this is not the time for the Government to succumb to ‘infrastructure fatigue’. Committing to the light rail extension to La Perouse is just the tonic needed to keep the impetus of the existing infrastructure program going.”

As Paul says, the amazing success of the existing light rail network was a guide to the potential of the La Perouse extension. The current network records more than 40 million passenger journeys annually and there has been over $35 billion in investment along the light rail corridor since the network was given the green light.
In this latest edition of ‘The Nicolaou View’, Paul calls for action to keep the infrastructure pipeline primed.

Paul is pictured with ALTRAC Light Rail Chair Penny Graham and CEO Duncan Edghill.

Business Sydney sends a special callout to Jaye and the other volunteers who do so much in helping to keep the St Thomas...
06/05/2026

Business Sydney sends a special callout to Jaye and the other volunteers who do so much in helping to keep the St Thomas Rest Park in Crows so pristine and restful.

The park has special significance for Business Sydney. The memorial pyramid shown is the final resting place of Edward Wollstonecraft one of the founders in 1826 of the Sydney Chamber of Commerce.

Business Sydney can trace its origins to the original Chamber. Edward Wollstonecraft was only 49 when he died and was first interred at Brickfield Hill in the city before later being reinterred at Crows Nest.

The St Thomas Rest Park is a popular place for the local community renowned for its tranquility in a busy city.

15/04/2026

Today we’ve just said a resounding Happy 50th birthday to Theatre Royal Sydney. What an amazing half-century of entertainment in the heart of our city. A great honour to have Sydney Lord Mayor Clover Moore AO and NSW Arts Minister John Graham with us for this signature celebration. Three cheers for Theatre Royal Sydney and Trafalgar Entertainment

It was great to meet up with Minister Courtney Houssos and Annette Brodie at the The Reconnect Project as today we relea...
02/04/2026

It was great to meet up with Minister Courtney Houssos and Annette Brodie at the The Reconnect Project as today we release Business Sydney’s special paper celebrating social enterprises in NSW — a $9 billion industry in our state. The Reconnect Project

Business Sydney has called for the introduction of 24-hour public transport in Sydney at weekends following the success ...
27/03/2026

Business Sydney has called for the introduction of 24-hour public transport in Sydney at weekends following the success of round-the-clock services during Mardi Gras celebrations.

Our Executive Director Paul Nicolaou said the time is ripe for 24-hour Metro, heavy rail and light rail services on Thursday, Friday and Saturday.

His call follows a stunning 41 per cent increase in Sydney Metro patronage when all-night services ran on February 28, the night of the Mardi Gras parade.

The extended public transport services dovetailed perfectly with extended 6am trading giving a boost to the night time economy.

“The Mardi Gras success shows that there is a strong case for 24-hour public transport covering the weekends to turbocharge the night time economy,” Mr Nicolaou said.

"It’s now time for the NSW Government to play its part and build on the Mardi Gras trial, which proved it can be done.

“The next logical step is to implement Business Sydney’s suggestion of 24-hour Metro, selected heavy rail links and light rail from Thursday to Saturday each week. Sydney is more than ready for it."

Last year, Business Sydney produced a special paper calling for the extension of public transport services at weekends.

The paper said: Sydney is a global city with a growing population, dynamic economy and world-class cultural offerings.

However, its late night transport services do not match the scale or pace of its night time economy.

Sydney’s system shuts down too early creating accessibility gaps for workers, hospitality patrons and visitors.

“Mardi Gras showed convincingly that 24-hour transport can be done,” Mr Nicolaou said. “It is time we made it happen on a permanent basis.”

21/03/2026

A big thank you to Deloitte for hosting our launch of a joint Business Sydney, Lifeline Australia and Sport NSW paper titled ‘Improving Mental Health and Wellbeing Through Sport’.

We are also grateful to NSW Minister for Mental Health Rose Jackson and NSW Minister for Sport Steve Kamper for their keynote addresses on how participation in sport can benefit people of all ages but young people in particular.

Thank you also to Lifeline Australia chief research officer Anna Brooks
for her huge contribution to the paper and for her overview of its findings at the launch.

Today’s launch was held on the eve of the Matilda’s’ match this weekend, which we hope will help inspire young people to be physically active.

Sydney has taken a big step on its journey to becoming the Blockchain capital of the Asia-Pacific region. This week, we ...
09/03/2026

Sydney has taken a big step on its journey to becoming the Blockchain capital of the Asia-Pacific region. This week, we launched a special paper on the subject in conjunction with Steve Vallas the CEO of Blockchain APAC.

It was great to have as our guest-of-honour The Hon. Anoulack Chanthivong MP, Minister for Better Regulation and Fair Trading, Minister for Industry and Trade and Minister for Innovation, Science and Technology, who is completely on board to further expand Sydney’s position as Australia’s Blockchain capital to the entire Asia-Pacific region.

As Steve Vallas explains:
“Sydney is home to major banks, market infrastructure providers, regulators, payments businesses and firms building tokenisation, custody and digital settlement infrastructure. That concentration matters.

Australia has the foundations of a globally significant Blockchain and digital assets ecosystem.

Blockchain is no longer experimental technology. It is becoming part of the operating layer of financial markets influencing how assets are issued, traded and settled. Jurisdictions that move early to provide regulatory clarity and coordinated support will attract capital, talent and long-term investment.”

For those new to the subject, Blockchains are shared digital ledgers maintained across a network of computers. Transactions are recorded in a way that is highly tamper-resistant and auditable, making the history transparent, verifiable and resilient.
In financial services terms, Blockchain enables institutions, market infrastructure providers and regulated businesses to exchange value and information with stronger auditability, faster settlement and more consistent data integrity across systems, including across borders.

And there's another Australian connection, Standards Australia is leading international efforts to standardise how Blockchain operates.

It’s the window on the George Street footpath that invites Sydneysiders and visitors to take a “sneak peek” at the vast ...
09/03/2026

It’s the window on the George Street footpath that invites Sydneysiders and visitors to take a “sneak peek” at the vast Sydney Metro construction project that by 2032 will connect the Sydney and Parramatta CBDs.

It’s perhaps fitting that the historic photos on the construction hoarding around the site feature scenes of the 1930 construction of nearby Wynyard Station, two years before the Sydney Harbour Bridge opened.

So, take a sneak peek Sydney and watch our city grow!

Let’s hear it for the Sydney Metro engineers carving out the cavernous Hunter Street station and a 21st Century transpor...
05/03/2026

Let’s hear it for the Sydney Metro engineers carving out the cavernous Hunter Street station and a 21st Century transport connection of the Sydney and Parramatta CBDs to open in 2032.

These infrastructure-creating experts clearly have a delicate touch building futuristic infrastructure in a pocket of the CBD rich with heritage buildings that speak to the history of our wonderful city.

One such building is the nine-storey Manufacturers House built in 1935 as headquarters of the NSW Chamber of Manufacturers, which is part of the 200-year lineage leading to Business NSW, Business Sydney, Business Western Sydney and regional affiliates.

A walking tour around the Metro construction precinct reveals a time capsule of Sydney’s progress.

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