Industry development

The economy of New South Wales benefits greatly from its mix of diversified industries. Traditional manufacturing, mining and agribusiness sectors have provided a firm foundation for diversification into high-growth areas such as aquaculture, biotechnology, ICT and viticulture.

NSW is renowned for its world-class professional services offerings, highlighting the state's strength in knowledge-based businesses and 90% of international banks operating in Australia are headquartered in Sydney, and the city is home to more than 60% of Australia's regional ICT headquarters and operations centres.

  1. Three women in meeting

    How we can help

    Key information on how we can help NSW businesses grow.

  2. 2018 Flavours of NSW stand

    What's on

    Industry development events for NSW businesses.

  3. Laser cutting machine

    Advanced manufacturing

    NSW is home to highly innovative, competitive and world-leading manufacturers that are vital to the diversity and strength of the Australian economy.

  4. ICT sector

    Advanced technologies

    NSW ICT sector success is founded on the state's world-class infrastructure and business networks. Infrastructure-related construction is experiencing major growth.

  5. Butcher cutting meat

    Agribusiness and food

    Leading agriculture and food companies choose NSW because of the state's diverse production systems, rich natural resources and favourable climate.

  6. Vivid Sydney 2018 at Circular Quay.

    Arts, culture and creative

    NSW's thriving arts, culture and creative sector is the largest in Australia. It also has Australia's largest concentration of arts-related ICT businesses such as animation and design.

  7. Two people walking in data room

    Cyber security

    Cyber security has emerged as one of the most high-profile, cross sectoral and rapidly evolving risks in the digital environment.

  8. Three girls at university


    NSW boasts a dynamic and multicultural education sector that caters for domestic, international students and researchers across a wide range of fields.

  9. Financial Services in NSW

    Financial and professional services

    NSW dominates the nation's services industries with Financial Services comprising of 88% of state's industry output.

  10. Construction workers

    Infrastructure and construction

    NSW has the largest number of companies dedicated to providing architectural, engineering, surveying, and property and business services of any Australian state.

  11. Three scientists in lab coats

    Medical technology

    The medical technology industry is the largest in Australia, generating an estimated $4.8 billion in revenue per year and employing around 7,000 people.

  12. Mining, resources and energy sector

    Mining and resources

    Mining, resources and energy is a booming part of the NSW economy, driven by large and diverse mineral and gas deposits, exploration projects. It benefits from NSW's highly-skilled workforce.

  13. Renewable energy sector

    Renewable energy and sustainability

    NSW has the largest renewable energy and sustainability sectors in Australia, backed by major government and private sector initiatives.

  14. Harbour Bridge and Opera House


    NSW is the crown jewel in one of the world's premier tourist destinations. More people holiday in NSW than anywhere else in Australia.