All-hours shopping and banking throughout central Sydney would be possible under trading hour changes being proposed by the City of Sydney.

Key points: The changes are in response to the first review of city planning laws in a decade

The changes are in response to the first review of city planning laws in a decade A majority of the 10,000 people who sent feedback on the review supported extended hours

A majority of the 10,000 people who sent feedback on the review supported extended hours The proposals were welcomed by the Sydney Fringe Festival chief executive

A review of planning controls could see the 24-hour trading zone being extended across the city centre from Darling Harbour to Hyde Park and Central Station.

Most venues in this area can already stay open until 5:00am, but Lord Mayor Clover Moore hopes by allowing unlicensed venues — such as bookstores, hairdressers, clothing stores and dry cleaners — to operate well after dark, it would attract a more diverse range of people at night.

Elsewhere in the city, trading hours for smalls bars and restaurants in parts of Surry Hills, Glebe and Redfern would be extended from midnight to 2:00am. Establishments that also sit outside the controversial lock-out zones could potentially serve alcohol 24/7.

Burgeoning inner-city communities such as Barangaroo, Green Square and Waterloo would also have late-night trading areas established.

City of Sydney councillor Jess Scully told ABC the changes were in response to a review of city planning laws, the first in a decade, and would aim to revitalise the city's after-dark economy.

Key proposals: The 24-hour trading zone would stretch from Darling Harbour to Hyde Park and to Central Station

The 24-hour trading zone would stretch from Darling Harbour to Hyde Park and to Central Station Trading hours for businesses along village main streets such as Crown Street, Union Street and Glebe Point Road would extend from midnight to 2am

Trading hours for businesses along village main streets such as Crown Street, Union Street and Glebe Point Road would extend from midnight to 2am A new cultural precinct with a focus on arts, cultural and entertainment in the heritage warehouse precinct in north Alexandria

A new cultural precinct with a focus on arts, cultural and entertainment in the heritage warehouse precinct in north Alexandria New late-night trading areas would be established in Barangaroo, Green Square town centres, Danks Street at Waterloo and around the East Village shopping centre in Zetland

New late-night trading areas would be established in Barangaroo, Green Square town centres, Danks Street at Waterloo and around the East Village shopping centre in Zetland Unlicensed businesses such as bookstores, clothing shops, banks, hairdressers and dry-cleaners can trade up to 24-hours-a-day in the city centre

Unlicensed businesses such as bookstores, clothing shops, banks, hairdressers and dry-cleaners can trade up to 24-hours-a-day in the city centre A trial for dedicated performance venues to be allowed up to 250 people and an additional trading hour at closing time

"So much has changed but we're still working off a map from 2007," Ms Scully said.

"So this a whole new set of controls to unlock those new areas where people have actually moved."

"More than 10,000 people gave us their feedback and the overwhelming majority said they want Sydney to have a diverse and exciting night-time economy with events and activities for people of all ages and interests."

Ms Scully said more than 90 per cent of responses supported extended hours and access to a nightlife close to home.

"They don't want to travel to 'the nightlife district' in the way they had to in the past," she said.

The proposals were welcomed by Sydney Fringe Festival chief Kerri Glassock.

"I think this is reflective of the growing change in our city. We're all working different hours and it's not just people in the entertainment or hospitality industry," Ms Glassock said.

"It's a slow burn. It's about planting the seeds to enabling the community to do it."

The draft planning controls will be considered by Council on 19 November. If approved, they will be on public exhibition from November 27 to February 8.