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Tourism 'worth $85bn to Australia'
17 Apr 2008
The Australian Bureau of Statistics has released figures showing that the country's tourism industry is worth some £85bn (£40bn) to its economy.
Gross value in the tourism industry increased by 7.9% in 2006-07, which was the highest growth rate since 1998-99, according to the figures.
Demand from within Australia increased by 6.8% to reach a value of $63bn, while international consumption of the country's tourism product climbed 9.8% to $22bn.
Australia's travel industry provided work for some 482,800 people in the 2006-07 financial year, an increase of 1.1% on 2005-06.
Christopher Brown, managing director of the Tourism and Transport Forum, told the AAP: 'The success of the national economy will increasingly depend on the performance of the tourism industry, especially in a post-resource boom scenario.
'When the mining boom is over, it is the services sector that will help to carry the Australian economy and the tourism industry is a major component of that.'
Mr Brown stressed that the industry must continue to innovate in order to ensure that challenges to the global economy do not lead to a substantial drop in visitors to Australia.
If you'd like to see this destination for yourself, use Opodo's travel search engine to find flights, hotels, holidays and car hire worldwide.
Gross value in the tourism industry increased by 7.9% in 2006-07, which was the highest growth rate since 1998-99, according to the figures.
Demand from within Australia increased by 6.8% to reach a value of $63bn, while international consumption of the country's tourism product climbed 9.8% to $22bn.
Australia's travel industry provided work for some 482,800 people in the 2006-07 financial year, an increase of 1.1% on 2005-06.
Christopher Brown, managing director of the Tourism and Transport Forum, told the AAP: 'The success of the national economy will increasingly depend on the performance of the tourism industry, especially in a post-resource boom scenario.
'When the mining boom is over, it is the services sector that will help to carry the Australian economy and the tourism industry is a major component of that.'
Mr Brown stressed that the industry must continue to innovate in order to ensure that challenges to the global economy do not lead to a substantial drop in visitors to Australia.
If you'd like to see this destination for yourself, use Opodo's travel search engine to find flights, hotels, holidays and car hire worldwide.
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