Information and communication technology
Why entrepreneurs and businesses choose NSW
Sydney, the capital of New South Wales (NSW), is a global and Asia Pacific cultural hub that is renowned for one of the highest standards of living of any major Australian city.
The NSW economy is a regional powerhouse in one of the most stable political and regulatory environments in the world. With world-leading infrastructure, cost competitiveness, government support, and a diversity of sectors and skills, the state of NSW has been recognised with AAA sovereign credit ratings from global agencies Standard & Poor’s and Moody’s. This attractive and robust business climate creates opportunities for a range of businesses.
The state produces 58% of Australia’s computer, information and telecommunications services exports, valued at close to A$1.9 billion annually in 2015–16, and is home to 40% of the country’s ICT businesses. As of 2016, NSW had a $19 billion information, media and telecommunications industry — the largest of any Australian state.
NSW is Australia's premier market for digital creative and information communication technology (ICT) industries with the largest ICT sector and highest number of technology start-ups in Australia.
With vast innovative talent driving new technologies, advanced research and innovation institutions and a favourable regulatory and business environment the NSW ICT sector offers great opportunities for investing, moving or starting a new business.
Read more about our state's ICT and digital strengths in NSW — Fostering business opportunity.