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SYDNEY is the capital
city of the Australian state of New South
Wales and Australia's largest and oldest
city (founded in 1788). With a metropolitan
area population of 4.3 million and a population
of approximately 146,297 people in the city
proper (known as the "City of Sydney"),
the Sydney metropolis is the larger of the
two main financial, transport, trade and
cultural centres of Australia (the other
being Melbourne).
Sydney is a significant
global and domestic tourist destination
and is regularly declared to be one of the
most beautiful and liveable cities in the
world, admired for its harbour, beautiful
coastline, warm and pleasant climate and
cosmopolitan culture. Sydney significantly
raised its global profile in recent years
as the host city of the 2000 Olympics. It
is also the host of the World Youth Day
2008. The city's name is pronounced /'s?d.ni?/.
A resident of Sydney is popularly known
as a "Sydneysider".
A majority of Sydneysiders
are of British and Irish background. More
recent arrivals have included Italians,
Greeks, Lebanese, South Africans, Indians,
Sudanese, Turks, Macedonians, Croatians,
Serbs, Chinese and Vietnamese.
Sydney is home to the Australian Stock
Exchange and the Reserve Bank of Australia.
It also has 6 universities: the University
of Sydney, the University of New South Wales,
Macquarie University, the University of
Technology, Sydney, the University of Western
Sydney, and two of the campuses of the Australian
Catholic University.
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