The Mardi Gras Parade maintains a political flavour, with many marching groups and floats promoting LGBTQIA+ rights issues or themes. The event grew from gay rights parades held annually since 1978, when numerous participants had been arrested by New South Wales Police Force. It is New South Wales' second-largest annual event in terms of economic impact, generating an annual income of about A$30 million for the state. The Sydney Gay & Lesbian Mardi Gras is one of Australia's biggest tourist drawcards, with the parade and dance party attracting many international and domestic tourists. It includes a variety of events such as the Sydney Mardi Gras Parade and Party, Bondi Beach Drag Races, Harbour Party, the academic discussion panel Queer Thinking, Mardi Gras Film Festival, as well as Fair Day, which attracts 70,000 people to Victoria Park, Sydney. One of the largest such festivals in the world, Mardi Gras is the largest Pride event in Oceania. The Sydney Gay and Lesbian Mardi Gras or Sydney Mardi Gras is an event in Sydney, New South Wales attended by hundreds of thousands of people from around Australia and overseas.
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