Established in 1982, the Bears are the only remaining founding member of the Australian Ice Hockey League (AIHL) still operating.

In game two, on 19 September, Sydney's goalkeeper Alan Becken claimed a shutout as the Bears won 5–0.

The team left Macquarie and moved to the new Sydney Ice Arena in Baulkham Hills.

The league doubled in size to six teams and the Bears finished the season first in the table to claim their second premiership.

[6] In Blacktown Ice Arena, the Bears defeated Adelaide 5–4 in a shootout to clinch the Goodall Cup and claim their first AIHL Championship.

The Bears won their second championship and Goodall Cup by defeating the Newcastle North Stars 3–2 in overtime in the final.

[14] In 2008, the Bears claimed the H Newman Reid Trophy for the first time by finishing top of the league table ahead of the Western Sydney Ice Dogs.

[15] The Bears also claimed back-to-back Wilson Cups after defeating the Ice Dogs in the pre-season tournament's final 6–4.

[16][17] In 2017, Macquarie Ice Rink, at a cost of $3 million, had been upgraded to AIHL standards providing the Bears the opportunity to return to their spiritual home.

[1] The Bears, along with the Ice Dogs, moved into the newly renovated arena located within the Macquarie Centre.

[19] In 2018, prior to the season starting, the Bears unveiled a new team logo to signify their return home to Macquarie.

The Bears finished second in the league and made their first appearance in the Goodall Cup final in eleven years.

The Macquarie facility consists of an Olympic sized rink (60m x 30m) with seating for approximately 2,000 people.

[47] References:[48][49][50][51][52][53][54][55] The Bears have had four head coaches in the team's known history, with Vladimir Rubes taking the position in three stints.