Sydney is a major global city and one of the most important cities for finance in the Asia-Pacific. The city is surrounded by nature and national parks, which extend through the suburbs and right to the shores of the harbour.
Sydney's 4,757,083 residents (according to a 2013 estimate) sprawl over an area of more than 12,350km². The timezone is identical with the majority of the state of New South Wales: GMT +10. The local timezone is AEST or Australian Eastern Standard Time. The city, as does the rest of the state, observes Daylight Savings time from October to April each year.
Sydney became the centre of the world's attention in September 2000 when the city hosted the Summer Olympics - officially announced by the IOC Chairman at the closing Ceremony to be the "the best games ever"! The Olympics saw a major building and renovation program take hold of Sydney, positioning it as one of the great world cities of the 21st century. Sydney continues to attract and host large international events

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