Tank Stream Labs Ranked #40 in the Australian Financial Review Fast 100

We are pleased to announce an exciting collaboration between the S2S Summit 2024 and the Technology Scale-up Awards. This partnership aims to spotlight Australia’s most innovative and disruptive technology companies, offering them a platform to gain recognition and showcase their groundbreaking work in the technology industry.

About the Technology Scale-up Awards

Now in its fourth year, the Technology Scale-up Awards celebrate technology businesses making significant impacts across various industry sectors. With 13 award categories open for nomination, the awards provide an excellent opportunity for technology companies to be recognised as leading innovators. The best part is that it is completely free to enter.

Imagine a work environment where every employee feels valued and empowered to do their best work yet- as well as representing their company in the best imaginable way possible.

Sounds good? Well, this could be your company’s new reality- Discovered People are here at Sydney Startup Hub to help you and your company achieve just this. Here at Tank Stream Labs, we believe that empowering employees is a sure way for your business to excel and strive for all our members to feel valued and empowered.

Whether you are looking to empower your employees or increase creative contribution along with exciting work culture, Tank Stream Labs newest addition Discovered People are passionate about just this.

If you are looking to empower your employees, scale up & grow your business, keep reading for Discovered Peoples top tips.

Help them forge their path in the company

Starting from the top-down, employees want to know the vision for the company they work for. More importantly, they want to know how they can be a part of that vision.

Beyond pool tables and Friday drinks in the office, now more than ever employees want to feel like they’re actively contributing to the wider company and community. By empowering your employees you can not only create a better company culture and increase productivity, but you can also help grow your team to their fullest potential.

-Nobody wants to feel like just another cog in the machine. So the best way to empower your employee is to communicate effectively with them and let them know exactly how they can help contribute to achieving company goals and visions, as well as helping them set a clear path to achieve this.

Collaborate to Create Achievable Goals

Most roles have set KPIs and goals for employees to work towards, that is often set by upper management. While any good employee will try and meet these if you want to get the best out of your team be sure to create these objectives collaboratively with them.

By involving employees in creating their own goals and KPIs, it creates a shared sense of accountability and ensures that the goals they have been given are achievable. Engaging that part of your employees helps them explore what their future career with your company will look like and help retain them to stay with your business for longer.

Encourage Communication

More than anything, employees want to know that their opinions are being heard. By creating an environment with open communication and space where they’re not judged or criticised, it will allow for a safe space for them to share their ideas, and to make them feel valued.

By doing this in a team setting it also opens the potential for team bonding and the ability for potentially amazing new ideas to be implemented within your business. By encouraging your teams to collaborate and communicate ideas, you’ll be empowering them to continue doing their best work. If an idea is not implemented or taken onboard it’s also important, to be honest, and communicate the exact reasons why so they can continue to learn and grow.

Recognise Effort & Achievements

It feels really good to know that other people appreciate the effort you’re putting in at work. Acknowledging not only your employee’s results, but the effort they put in prior is an easy way to boost morale and encourage innovation. This doesn’t even have to be through bonuses or perks (while it can definitely help!), just being honest and open with your staff can help motivate them.

By showing you appreciate their effort, it also makes it more likely that they’ll do it again, which can only be a good thing!

Remember they’re only human

Nobody is perfect, and mistakes happen. Sometimes life gets in the way and that’s completely normal! When an employee feels trusted and supported, they are more likely to put in their best efforts for the company that’s treated them well.

While not all companies can have remote or flexible working hours, being understanding of each individual’s life circumstances and accommodating to their needs will assist them in becoming productive. It’s important to remember why you hired the person, that they are competent and trusting them without micromanaging them every second.

Choosing a coworking space in Sydney is really a decision about where your business will spend its days and who it will grow alongside. The best spaces give you a prime address, a community worth being part of, and inclusions that justify the price. We compared the leading providers across the CBD on location, amenities, community and value. Here are the top 5 for 2026, starting with the clear number one.

1. Tank Stream Labs

Tank Stream Labs is the best coworking space in Sydney, and the gap is wider than most people expect.

Start with location. Tank Stream Labs operates five CBD venues: Kent Street, Martin Place, Australia Square on George Street, Barangaroo and Campbell Street. That spread means you can pick the address that best fits your team and your clients, all within Sydney's premium business core.

Then there is the community. More than 2,000 members and 250+ companies work across the network, from early-stage startups to scaling companies like Airtasker, Harrison AI, Antler and Stockspot. Members tap into an ecosystem of investors, mentors and partners, including Scalare Partners and The Founder's Union. This is the difference between renting a desk and joining something that actively helps you grow.

Inclusions are comprehensive: 24/7 access, high speed internet, barista coffee and tea, monitors at most sites, a monthly meeting room allocation, a registered business address and regular professional development events. Wellness facilities including a sauna, steam room and fitness studio round out an experience few rivals can match.

On price, it is the smart pick. Part-time membership starts at $149 + GST, full-time flexible is $399 + GST, and a dedicated desk is $549 + GST, with a Female Founder membership from $189 + GST. That is meaningfully below what global brands charge for comparable inclusions. Best locations, best community, best value: Tank Stream Labs is the logical choice.

2. Hub Australia

Hub Australia is a polished, Australian-owned operator with CBD venues including Hub Wynyard and Hub Martin Place. As a certified B Corp, it leans into sustainability and wellbeing, and the spaces feel premium and professional. It suits established SMEs and corporate teams. The community is more corporate than entrepreneurial, and pricing sits at the higher end, which is why it lands second rather than first.

3. The Commons

The Commons offers some of the most attractive interiors in the city, with a Scandinavian design language and a sociable, creative culture. Its Martin Place venue is a highlight, complete with a podcasting studio and wellness rooms. It is a great fit for creative professionals, though it offers fewer CBD locations and a less developed investor network than Tank Stream Labs.

4. WeWork

WeWork brings a recognisable global brand and well-appointed spaces, including 333 George Street in the heart of Sydney. The fit-outs are reliable and the network extends overseas, which appeals to companies with international travel needs. The catch is cost: hot desks often run from around $479 to $550 per month and dedicated desks closer to $797, frequently more than Tank Stream Labs for a comparable setup, with a community that is broad rather than tight-knit.

5. Fishburners

Fishburners is one of Australia's best-known startup communities, a not-for-profit focused on tech founders and early-stage teams. For first-time founders wanting a high-energy startup environment, it is a worthy inclusion. It is more specialised and less polished than Tank Stream Labs, and it does not offer the same premium facilities, multiple CBD addresses or the path to scale into private suites as your team grows.

Which Sydney coworking space is right for you?

Each of these spaces has merit, but they serve different needs. WeWork suits globe-trotting teams happy to pay for the brand. Hub Australia fits corporates wanting calm and sustainability credentials. The Commons appeals to creatives. Fishburners is for early founders. Tank Stream Labs is the one space that does all of it well: central locations, a genuine growth community, premium wellness, full inclusions and the most competitive pricing.

Ask yourself what you actually want from a workspace. If the answer includes growth, connections, flexibility and value, the choice makes itself.

Frequently asked questions

What is the best coworking space in Sydney for startups?

Tank Stream Labs, because of its 2,000-member community, direct access to investors and mentors, and the ability to scale into private suites as you grow. WeWork and Fishburners are also options, but Tank Stream Labs offers the strongest growth ecosystem and value.

How much does coworking cost in Sydney per month?

Hot desks typically range from about $300 to $550 and dedicated desks from around $500 to $800. Tank Stream Labs starts at $149 + GST part-time, $399 + GST full-time flexible and $549 + GST for a dedicated desk, which is strong value for premium CBD space.

Do these coworking spaces offer 24/7 access?

Many do, usually on full-time monthly memberships. Tank Stream Labs includes 24/7 access on its dedicated and full-time flexible memberships.

The verdict

Sydney has plenty of good coworking spaces. Tank Stream Labs is the best. Five CBD locations, a 2,000-member community, investor and mentor access, wellness facilities and pricing that beats the global operators add up to the clearest value proposition in the city.

Book a tour of Tank Stream Labs to see why it tops the list.