Sydney is one of the most multicultural cities in the world, which reflects its role as a major destination for immigrants to Australia.?Sydney also ranks among the top 10 most livable cities in the world according to The Economist.?According to the Mercer cost of living survey, Sydney is Australia?s most expensive city, and the 15th most expensive in the world.?
Sydney is situated on Australia’s south-east coast and is built around Port Jackson, which includes Sydney Harbor, leading to the city’s nickname, “the Harbor City”. The city is home to the iconic Sydney Opera House, Harbor Bridge and its beaches. The metropolitan area is surrounded by national parks, and contains many bays, rivers and inlets. The city has hosted international sporting events, including the? 2000? Summer Olympics and the final of the 2003 Rugby World Cup. The main airport serving Sydney is Kingsford Smith International Airport, commonly referred to as Sydney Airport.
Websites about Sydney:
Sydney has a temperate climate with warm summers and cool winters, and rainfall spread throughout the year. The weather is moderated by proximity to the ocean, and more extreme temperatures are recorded in the inland western suburbs. The warmest month is January, with an average air temperature range of 18.6-25.8 ?C. There is an average of 14.6 days a year over 30 ?C .? The winter is mildly cool, with temperatures rarely dropping below 5 ?C? in coastal areas. The coldest month is July, with an average range of 8-16.2 ?C .
Sydney is served by extensive train, taxi, bus and ferry networks.
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. Sydney provides approximately 25 percent of the country’s total GDP. 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. It is the 12th largest futures market in the world and the 19th largest including options.
Important Business Schools & Universities:
University of Sydney (ranked 37th in the world in 08)
Australian Catholic University
University of New South Wales
University of Technology, Sydney
University of Western Sydney
University of Notre Dame Australia: Secondary campus
University of Wollongong: Secondary campus
There is a relatively low crime rate in Sydney. With exception of few neighborhoods, Sydney offer peaceful and safe living options. The only issue has been a spate of racial incidents attacking Indian students across Australia in 2009.?
Salary for MBAs:?$105,000-110,000 per annum
Tax Rates:?35% per annum
Visas & Immigration:
Any international student seeking entry or permission to remain in Australia for the purpose of employment will normally require a work permit. This means you need to find an employer who will sponsor your work permit.?It is not easy to get jobs in Australia after an MBA program, if you are not from a top school. A job is even more difficult for students who do not have any work experience prior to their MBA.?If you are an international student, you should be in top 10% of your class in performance to improve your chances of getting a job.
Famous Indians from this City:
Jeet Bindra , CEO and MD , CALTEX Australia
Rashmi Mehrotra, Associate Director , Mercer , previously associated with van Eyk Research
Neville Joseph , Head-Fujitsu Australia
Vikrant Kapoor, restaurant entrepreneur
Dr Arapaut Sivaprasad , Founder ,WebGenie Systems
There are great pubs, jazz haunts, rock venues and nightclubs in most quarters of the city – from Darling Harbor to Kings Cross, Oxford Street to The Rocks.?Sydney?s biggest and most popular mixed nightclub is Home (Tenancy 101, Cockle Bay Wharf, Darling Park), housed in a space-age building in Darling Harbour and always plagued with long queues. Further along the waterfront Cargo Bar/Lounge (The Promenade, King Street Wharf) offers funky house music to a glamour crowd. For live music there?s the Basement (Reiby Place, Circular Quay), featuring jazz, world music and international acts, the Hopetoun Hotel (Bourke Street, Surry Hills), a traditional inner-city rock venue, and the Cat & Fiddle Hotel (Darling Street, Balmain ), a seasoned home to folk, pop and a bit of bush music.?
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.
A cabbie from Sydney post interesting anecdotes and his take on the happening in the town on his?blog?
The most common self-described ancestries identified for Sydney residents were Australian, English, Irish, Scottish and Chinese.? The three major sources of immigrants are the United Kingdom, China and New Zealand, followed by Vietnam, Lebanon, India, Italy and the Philippines.
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