* Established Australia's wool industry: Macarthur is widely regarded as the father of the Australian wool industry. He introduced Merino sheep to Australia in 1797, and his experiments in breeding and crossbreeding revolutionized the quality of Australian wool.
* Pioneered the use of convict labour: Macarthur was one of the first Australian settlers to use convict labour on a large scale. He developed a system of "assignment," under which convicts were assigned to work for free settlers.
* Was a leading figure in the Rum Rebellion: Macarthur was one of the leaders of the Rum Rebellion of 1808, a mutiny by a group of New South Wales officers and settlers against the colonial administration.
* Helped to establish the Bank of New South Wales: Macarthur was a founding director of the Bank of New South Wales, the first bank in Australia.
* Promoted exploration of the Australian interior: Macarthur was a strong advocate for exploring the interior of Australia. He financed several expeditions, including the expeditions of John Oxley and Charles Sturt.
* Was a controversial figure: Macarthur was a wealthy and powerful man who was often criticised for his autocratic manner and his use of convict labour. However, he also made a significant contribution to the development of Australia.