Invest in NSW

NSW Competitiveness Report

Each year NSW Trade & Investment publishes the latest research and industry data to benchmark NSW against selected international business locations and other Australian States.

The NSW Competitiveness Report shows the State's competitive advantages and provides a valuable tool for business people considering investing in Australia or the Asia Pacific. The report covers:

• Economic and Business Climate
• Quality of Life and Cost of Living
• People, Skills and Education
• Trade and Investment
• Infrastructure and Business Costs

Sydney and New South Wales – a great place to live and a great place to invest

The NSW economy is diverse, and the largest in Australia, contributing about one third of the nation's Gross Domestic Product. The NSW economy is larger than many national economies in the Asia Pacific including Hong Kong SAR, Singapore, Malaysia and the Philippines, and almost 85% of the State's industry income is derived from services.

Home to 7.3 million people, NSW has 32% of Australia's population, making it Australia's biggest market. Its workforce of 3.6 million is the largest of any Australian State.

The capital of NSW, Sydney, is the business hub of Australia and a leading financial centre in the Asia Pacific. It accounts for more than one fifth of Australia's total annual output of goods and services.

The Australian economy has consistently been recognised as one of the most resilient in the world, with a strong record of economic growth and stability.

Download the latest version of a summary of NSW facts and figures.