Final answer:
Broome is the Australian city renowned for its pearling industry. It has a long history of pearling and is known for producing high-quality South Sea pearls.
Step-by-step explanation:
The Australian city renowned for its pearling industry is Broome.
Located in Western Australia, Broome has a long history of pearling, with its first pearl farms established in the late 19th century.
Today, Broome is still a major center for pearl harvesting and is known for producing high-quality South Sea pearls.
The city's unique location, between the Indian Ocean and the Kimberley region, provides ideal conditions for cultivating pearls.