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 largest financial, transport, trade and cultural centre in Australia.
Sydney is a significant global and domestic tourist destination and is regularly declared to be one of the most beautiful and livable cities in the world, admired for its harbor, 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 /Sɪd.niː/. A resident of Sydney is popularly known as a "Sydneysider".
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