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Largest businesses in Australia

After our successful list of top companies in Melbourne and successful companies in Australia, we shift our focus to the top famous companies in Sydney.<br>No talk about the Australian economy is complete without mention of Sydney, the financial capital of Australia.

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Largest businesses in Australia

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  1. Blogs ▾ How to ‘Guides’ ▾ Home Resources Free Entrepreneurship Course Get in Touch ▾ Top15Famous Top15Famous CompaniesinSydney CompaniesinSydney AfteroursuccessfullistoftopcompaniesinMelbourneandsuccessfulcompaniesin IntheArticle (Quick Access) Australia, weshiftourfocustothetopfamouscompaniesinSydney. NotalkabouttheAustralianeconomyiscompletewithoutmentionofSydney, thefinancial CommonwealthBank capitalofAustralia. 1. ofAustralia (CBA) WestpacBanking NewSouthWalescityistheheartbeatofAustralia, makingupone-thirdofthecountry’s 2. Corporation (WBC) GDP (source: NSWGovernment). MacquarieGroup 3. SomekeyeconomicfactstoknowaboutSydneyare: (MQG) 4. Woolworths ?. Itranksasoneofthe10largesteconomiesintheAsia-Pacificregionandasoneofthe 5. GoodmanGroup 40largestworldwide. 6. AristocratLeisure ?. Itisthefinancialcapitalofthecountry, with80% ofallforeignandlocalbanksbeing 7. SydneyAirport headquarteredthere. ?. ThecityishometotheAustralianSecuritiesExchange (ASX), whichalsoincludesthe 8. SonicHealthcare FuturesExchange. 9. WiseTechGlobal ?. 60% ofAustralia’sfintechindustryissituatedinthecity. 10 QBE Insurance Group Thesefactsandstatisticsindicateonethinginparticular: Sydneyistheprimelocationfor businessinAustralia. DrivingthegrowthofthecityisSydney’sconnectivityandeaseofliving. Nowonder, thediversecityisboomingwithlifeandbusinessesandsomeofthese businessesareapartofthelargestbusinessesinAustralia. Inthisarticle, asapartofourrunningseriesontopcompaniesinAustralia, welookatthe top15businesses (outofthe85,000pluscurrentlyoperating) inSydney. Withoutanyfurtheradieu, let’sgettothelist: CommonwealthBankofAustralia (CBA)

  2. CEO:MattComyn YearofEstablishment:1911 MarketCapitalisation:  A$186.54billion Industry:  Banking TheCommonwealthBankofAustraliaisoneofthecountry’s “bigfour” bankinginstitutions. WhileitsheadquartersarelocatedinSydney, CBAisamultinationalbankwithapresencein NewZealand, theUnitedStates, theUnitedKingdom, andallacrossAsia. ThebankwascreatedbytheAustraliangovernmentin1911asasavingsandgeneral bankingentity. ItsfirstbranchopenedthefollowingyearinMelbourne, anditsheadquartersweremovedto Sydneyin1916, whereCBAhasstayedeversince. Itbegantoacquirecentralbankstatusin1920beforediversifyinginthe1960stoinclude areassuchasinsuranceandtravel. Thebankwasprivatizedin1991andlistedontheAustralianstockexchangethesameyear. Whilenumerouscontroversieshaverockedthebankinthepastfewdecades, itstillboasts 875locationsworldwide, aswellasrevenueinexcessofA$30billion, makingitthetop companyfromSydney. WestpacBankingCorporation (WBC) CEO:PeterKing YearofEstablishment:1817 MarketCapitalisation:  A$94.69billion Industry:  Banking TheWestpacBankingCorporation (WBC) istechnicallyoneofAustralia’soldestbanks.

  3. Foundedin1817astheBankofNewSouthWales, thebankexpandedthroughoutAustralia inthecomingdecades, finallyenteringTasmaniain1910. Overthenext6decades, BNSWgrewbyacquiringseveralotherbanks, suchastheWestern AustralianBankin1927. ItbecameknownasWestpacwhenitmergedwiththeCommercial BankofAustraliain1982. With1,204branchesworldwideandover40,000employees, WBCisoneofAustralia’s biggestbusinessesandtakesitsplaceasthesecond-biggestbusinesssituatedinSydney. ThebankgeneratedrevenueofA$20.65billionin2019, highlightingitspositionasamajor playerinAustralianbusiness. MacquarieGroup (MQG) CEO:ShemaraWikramanayake YearofEstablishment:1969 MarketCapitalisation:  A$65.8billion Industry:  FinancialServices TheMacquarieGroupholdsanumberoftitlesastheworld’slargestinfrastructuremanager andAustralia’smostprominentlyrankedmergersandacquisitionadviser. Theglobalfinancialservicesgroupwasfoundedin1969asHillSamuelAustraliaLimited. In 1971, thenewgroupattainedthebiggestmandateinAustralianhistoryatUS$60millionand hasexpandedeversince. It’sthe1980sthattransformedtheMacquarieGroupintowhatitistoday. Market deregulationpromptedHSAtosubmitabidforanewAustralian-controlledbankknownas MacquarieBankLimitedin1985, whichbecamethesecondprivatetradingbanktobe establishedinAustraliainrecenttimes. Sincethen, theMacquarieGrouphasbeenexpandingrapidly, withofficesinNewYork, Beijing, HongKong, andSingapore. ItcontinuedtogrowinAsiaintheearly2000s, openingupinSeoulandTokyo, withits businessreachingEuropeinthemid-2000s. WithannualrevenueofmorethanA$12billion, itisoneofSydney’slargestcompanies. Woolworths

  4. CEO:BradBanducci YearofEstablishment:1924 MarketCapitalisation:  A$49.8billion Industry:  Retail WoolworthsSupermarketsisAustralia’slargestsupermarketchainwitharound33% ofthe marketsharein2019. However, itistheboominbusinesstheCovid-19pandemicgavetosupermarketsthathave helpedWoolworthsmakeitswayontothislist. Foundedin1924, thefirstWoolworthsstoreopenedinSydney’sImperialArcade. The companyhasoperatedfromthecityeversince, evenasithasexpandedtonumerous locationsalloverthecountry. Woolworthscurrentlyoperatesmorethan1000locationsalloverAustralia. ThecompanyhasseensomecontroversyoflatebutcontinuestobeAustralia’spre-eminent retailchoice. WithrevenueinexcessofA$42billionandmorethan225,000employees, WoolworthseasilymakesitswayontothislistoftopSydneycompanies. GoodmanGroup CEO:GregoryGoodman YearofEstablishment:1989 MarketCapitalisation:  A$39.45billion

  5. Industry:  CommercialProperty TheGoodmanGroupisoneoftheyoungestcompaniesonthislist, butthathasn’tstopped itfrombeingrankedasoneofAustralia’slargestpropertyinvestmentgroups. Theglobalrealestatemanagerstartedoutasaprivatepropertytrustthatinvestedinand managedindustrialproperties. In1995, theGoodmanGroupmadeitswayontotheASXand joinedhandswiththeMacquarieIndustrialTrustin2000tobecometheMacquarie GoodmanIndustrialTrust. TheMacquariegroupsolditsstakein2007, andthenewlyreformedGoodmanGrouphas focusedondiversifyingitsbusinesssincethen. Asof2020, thecompanywasmanaging392propertiesgloballyin17countries, with GoodmanUKbeingoneofthebiggestsubsidiaries. WithrevenueofA$1.5billion, theGoodmanGroupmaynotmakeasmuchmoneyasthe othercompaniesonthislist, buttheserviceitprovidesisfarmorevaluable. AristocratLeisure CEO:TrevorCroker YearofEstablishment:1953 MarketCapitalisation:  A$29billion Industry:  Gambling AristocratLeisureisadeparturefromtheothercompaniesonthislist. ThecompanyisthelargestmanufacturerofgamblingmachinesinAustraliaandthe secondlargestmanufacturerofslotmachinesglobally. WithofficesintheUnitedStates, SouthAfrica, andRussia, AristocratLeisureisoneofthe world’sbiggestgamingcompanies. WithmorethanA$4billioninannualrevenue, thegamblingmachinemanufacturerisalso oneofthetopcompaniesbasedinSydney. SydneyAirport

  6. CEO:GeoffCulbert YearofEstablishment:2002 MarketCapitalisation:  A$22.1billion Industry:  Transportation TheSydneyAirportisthebusiestairportinAustraliaandalsooneoftheworld’slongest- operatedones. Handlingmorethan40millionpassengersayear, italsoranksasoneofthebusiestairports intheworld. Thecompanythatoperateditsince2002, SydneyAirportHoldings, makesitswayontothis listjustbecauseofthat. Ifyou’rewonderingabouttheusageofthepasttenseintheprevioussentence, that’s becauseSydneyAirportHoldingsacceptedabitofA$21.6billionfromtheSydneyAviation Alliancetoselltheairport. Themassivesumoffersafairlookathowbigofamoneymakertheairportis. SonicHealthcare CEO:Dr. ColinGoldscmidt YearofEstablishment:1934 MarketCapitalisation:  A$19.02billion Industry:  Healthcare SonicHealthcareprovidespathology, radiology, andlaboratoryservicestohealthcareunits allaroundtheworld.

  7. ItisthelargestmedicalequipmentproviderinEuropeandAustralasia, aswellasthethird- largestintheUSA. SonicisnotjustlistedontheASX, butalsoontheS&P. Itmadeover $6billioninrevenuein 2019, affirmingitsplaceasoneofthelargestcompaniesinAustraliaandSydney. WiseTechGlobal CEO:RichardWhite YearofEstablishment:1994 MarketCapitalisation:  A$17.11billion Industry:  Logistics WiseTechGlobalisacompanythat’sshownlotsofgrowthinrecentyears, withmany investorstakinganinterestinthetechnologycompanyduetoitsfocusonlogisticsande- commerce. Themarketcapofthecompanyhasnearlydoubledsincethestartofthepandemicasthe worldlookstoturntowardssmartersolutionsforglobaltransport. WiseTechGlobalhasprofitedoffofjustthat, withitsoptimizedsupplychainandlogistics solutionsmakingitahighlysought-afteroptionforinvestors. QBEInsuranceGroup

  8. CEO:AndrewHorton YearofEstablishment:1886 MarketCapitalisation:  A$16.98billion Industry:  Insurance FormerlyknownasNorthQueenslandInsurance, theQBEInsuranceGroupisoneofthe oldestcompaniesstilloperatinginAustralia. Morethanthat, theyhavetakentheirbusinessglobal. QBEInsurancecurrentlyemploysa mammoth11,000plusemployeesin27countries! QBEInsurancehasaprominentpresenceinNorthAmerica, withitsAmericanheadquarters locatedinNewYork. ItsinternationalheadquartersareinLondon, withthatdivision overseeingbusinessinEuropeandAsia. ThecompanygeneratedarevenueofnearlyA$12billionin2020, helpingitfindaplaceon thislist. ScentreGroup CEO:PeterAllen YearofEstablishment:1960 MarketCapitalisation:  A$15.62billion Industry:  RealEstate ScentreGroupisessentiallyashoppingcentercompanythatmanagesrealestate, includingseveralshoppingcentersinAustraliaandNewZealand. In2019, theScentreGroupportfolioincludedover12,000retailoutlets, cominginata combinedA$39.4billioninworth. ScentreisaninitiativestartedbytheWestfieldDevelopmentCorporationin2014tomanage theshoppingcentersfailingundertheirumbrellasince1959. Althoughitsannualrevenueisn’treported, ScentreGroupmakesitswayontothelistsimply duetothemagnitudeoftheassetstheymanage. AustralianSecuritiesExchange (ASX)

  9. CEO:DominicStevens YearofEstablishment:1987 MarketCapitalisation:  A$15.46billion Industry:  StockExchange NowwecometotheAustralianSecuritiesExchangeitself. TheASXwasfoundedin1987andislocatedinSydneysimplybecauseofhowimportantthe cityistoAustralianbusiness. YoumightbewonderinghowtheASXonlyhasamarketcapof $15billion. Well, that’sjust theoperationsideofit. Theentireexchange, withallofitsstocksandfuturescapsatfar more – aroundA$1.6trillion. RamsayHealthCare (RHC) CEO:CraigMcNally YearofEstablishment:1964 MarketCapitalisation:  A$15.41billion Industry:  Healthcare RHCisthelargestprivatehospitalgroupinAustralia. Foundedin1964byPaulRamsay, the companyhasbeenapermanentfixtureinSydney’shealthcareandbusinesssectorever since. RHChasaround500locationsallovertheworld, withmostoftheminAustralia. Alongwith

  10. , g Australia, RHCalsoownshospitalsinFrance, theUK, andMalaysia, withtheUKalone housing22ofRHC’slocations. ThecompanypostedrevenueofmorethanA$12billionin2020, makingitoneofSydney’s largestcompanies. Brambles CEO:GrahamChipchase YearofEstablishment:1875 MarketCapitalisation:  A$15.22billion Industry:  CommercialandProfessionalServices BramblesisanessentialplayerintheAustralianbusinessecosystemasitsservicesallow numerousotherbusinessestooperate. Thecompanyprimarilydealsinthepoolingofpallets, containers, crates, andunit-load equipment. BramblestookamajorfinancialhitduringtheCovid-19pandemicastheconstruction industrygrounddowntoahaltinAustraliaandallaroundtheworld. However, thescaleofthebusinessanditsimportanceensurethatthereisnothreatto Brambles’ standingasoneofthetopcompaniesinSydney. Cochlear

  11. CEO:DigHowitt YearofEstablishment:1981 MarketCapitalisation:  A$14.11billion Industry:  Biotechnology Cochlear, justlikethenamesuggests, isacompanythatmanufacturescochlearimplants. Alongwiththat, theyalsodesignandmanufactureelectro-acousticandboneconduction implants. TheimplantsaremanufacturedmainlyinAustraliaandSwedenandaresuppliedtomore than100countries. Alongwiththemanufactureandsaleofimplants, Cochlearisalsoinvolvedinresearching implanttechnology, withmassiveR&Dspending. Finally, withrevenueexceedingA$1billion, CochlearisalsooneofSydney’slargest companies. Let's Spread theJoy - Share! JasmeetSingh JasmeethasbeenapartofmultipleVentures. Heearnshisbreadandbutterby hangingontohisfirstventure, aSoftwareCompanylocatedinIndia. Heisatpresent workingonanewstartupideawhichlikeallstartupswillbe "Disruptive" (atleasthe thinksso ) One Response Pingback: List of Failed Australian Startups & Businesses 2022|Famous Comments are closed. SubscribeToMyNewsletterAnd GetAFreeCopyOf 'The EntrepreneurshipGuide'! Email Name Subscribe CONTACTINFORMATION LATESTBLOGS GUIDES HOWTOBECOMEASUCCESSFUL FREELANCER mail: info@lessonsatstartup.com SoleTraderVsCompanyIn Australia Address: Melbourne, Australia FreeEntrepreneurshipDevelopmentCourse HowDoIFranchiseMySmall Business? TheOnlyOnlineBusinessDirectoryWebsite ResourceYouWillEverNeed 10FamousEntrepreneursIn UnitedKingdom (UK)

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