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Features massive displays of pyrotechnics around Sydney Harbour and the Harbour Bridge (including fireworks shot from the bridge itself). There are two shows, a "family show" at 9PM, and the major fireworks display at midnight. Immediately following the 9PM Family Fireworks, the spectacular Harbour of Light Parade begins. Over 50 vessels make a majestic passage on a 15km circuit around the Harbour, featuring illuminated emblems representing the Sydney New Year's Eve theme, glittering either on their hulls or masts. Many of the hotels and bars near the Harbour hold special parties with high cover charges, and boat cruises sell for a premium. Or get in early for the free alternative with some cheese, fruits, wine, picnic blanket and some friends on a warm summer night by the harbour. Save some sympathy for Northern Hemisphere cousins freezing in Times Square waiting for all the excitement of a ball dropping by a couple of metres.
Take the ferry to Taronga Zoo wharf and then head to your right along the promontory. There's pristine bushland (almost unchanged from the time of European colonisation), quiet beaches, and knockout views across the harbour, and in the warmer months you'll spot plenty of Eastern Water Dragons, a type of large lizard. Once you reach the tip of the headland, you can either amble back to the wharf or - if you're feeling more ambitious - follow the track several more kilometres to Clifton Gardens, ogling the gigantic houses along the way. From there, you can either hike all the way back to Taronga or get a bus to a ferry wharf.