Industry Overview

The region offers a diverse industry base that includes food processing, manufacturing, information and communications technology, biotechnology, business services such as legal, accountancy and banking services, construction, retail, community services, education, training, health, logistics, warehousing and tourism.

A prolonged period of growth has seen leading global innovators such as Coca-Cola Amatil, Shell, Mitsubishi Electric and Pfizer locate in the Parramatta LGA, alongside major Australian players like the Commonwealth Bank, CSR, James Hardie and Suncorp Metway. Major state government relocation programs have boosted the presence of public administrative bodies like the NSW Police Service, the Office of State Revenue, Sydney Water, Department of Fair Trading, Attorney General’s Department and the Australian Tax Office.

Finance & Insurance

The dominant sector in the CBD, the financial industry is the largest in Western Sydney growing by 30% over the last 10 years.

Legal Services

With 25 law courts and over 250 legal firms, Parramatta has the second largest legal precinct in Australia. 

Health & Community Services

Primarily located in Westmead, Parramatta has the largest health precinct in Sydney growing by 60% since 1996. 

Retail, Accommodation and Cafes

The retail sector has grown by 9% over the last 10 years while the accommodation and cafe industry grew by almost 7% over this same period. Westfield Parramatta reported that over 22 million people pass through its complex annually. 

Government Administration & Defence

With a growing government presence, this sector has grown by 15% over since 1996. Although this sector accounts for approximately 5% of the City’s total workforce, for every government job created, it generates two jobs in the private sector, making it an important contributor to the economy.

Employment by industry sectors in Parramatta

Source: ABS, Informed Decisions