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Tourism Misses Out in New Regional Plan

May 22, 2017 Business News No Comments Email Email

The Australian Regional Tourism Networks’ Chair, Mr Simon McArthur expresses the industry’s disappointment at the lack of specific attention to tourism, in yesterdays’ release by Minister for Regional Development Hon. Fiona Nash of the Regions 2030: Unlocking Opportunity in Regional Australia.
“We applaud increased funding for regional infrastructure and funding programs like the Building Better Regions Fund. Australia’s regional tourism industry has been snubbed by not being included as one of the key industries that will help drive the social and economic outcomes for regional communities. Given its significant and proven ability to generate employment and foreign exchange, we had expected a more focussed look at tourism,” said Mr McArthur.

Tourism is set to double in size in the next 20 years, with Asia’s expanding middle classes fuelling the growth.

The Australian Tourism industry provides $116.7 billion to the economy and 45 cents in every dollar is spent in regions on authentic Australian experiences.

The Deloitte report; ‘Positioning for Prosperity’ named tourism as one of Australia’s five super growth sectors to transition the Australian economy beyond mining.

“I encourage Senator the Hon. Fiona Nash to reconsider her department’s vision to unlock more regional tourism development opportunities, needed to keep our regional tourism offer differentiated in an increasingly competitive world,” Simon concluded.

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