News Flow:

Smaller text size Larger text size
Australian Tourism Export Council

ATEC: Budget fails to invest in tourism growth

Theodore Koumelis - 10 May 2017, 00:14

“Australia’s export tourism industry delivers billions of dollars in revenue to governments and businesses across the country, but tonight’s Federal Budget fails to provide any investment in its sustained growth,” ATEC Managing Director, Peter Shelley said from Parliament House.

The Federal Budget contains little by way of forward investment in Australia’s export tourism success according to the Australian Tourism Export Council (ATEC).
 
While Australia enjoys ever increasing international visitor numbers and expenditure, Budget measures announced, including increases to visa charges and a reduction in funding for Tourism Australia, will weaken the long-term competitiveness of Australia.
 
Australia’s export tourism industry delivers billions of dollars in revenue to governments and businesses across the country, but tonight’s Federal Budget fails to provide any investment in its sustained growth,” ATEC Managing Director, Peter Shelley said from Parliament House.
 
While our industry is clearly generating an enormous amount of tax revenue for Government coffers, we are failing to see any strong investment in ensuring its future and supporting Australia to be a competitive destination."
 
Australia has been a bucket-list destination for many years now but we can’t afford to rest on our laurels as a failure to invest in demand driver activities will see our competitiveness weaken over time.
 
The 2% increase to visa fees, including tourist, working holiday and the 10 year visa for Chinese visitors, will be an additional barrier to international visitation."
 
All in all, this is a beige budget for the tourism industry that continues to water down the effectiveness of Tourism Australia’s marketing budget by failing to even provide for CPI growth.” 
 
Mr Shelley said Government investment in regional Australia through the Regional Growth Fund would be welcomed by regional tourism businesses.
 
Capacity building and regional dispersal are real issues for Australia’s tourism industry and this is a fund that we hope will provide an opportunity to build regional tourism businesses and improve their ability to connect with international tourists."
 
But for Australia’s tourism industry to be successful we need to support both sides of the tourism equation with government investment in growing demand and improving our ability to deliver a quality tourism product."
 
If we can’t reinvest these significant revenues towards generating a stronger tourism product we risk losing our global competitiveness and this is the issue our industry is most concerned about.

 

|
|
Leave your comment...












* Fields with "*" are mandatory.
* HTML code is not allowed.
* Your E-mail and Phone won't show.

...In Brief

Presentations

Job Offerings

Our Readers on Facebook

Tourism Exhibitions Calendar

Photo Reportage

Featured Events

Entrepreneur Now Awards 2017

Entrepreneur Now Awards 2017

Outbound Travel Bazaar Vietnam 2017

Outbound Travel Bazaar Vietnam 2017

ITE HCMC 2016

ITE HCMC 2016

Speak-Out Asia - June 12, 2013

Speak-Out Asia - June 12, 2013

Blogger Match Up - June 10, 2013

Blogger Match Up - June 10, 2013

DIA Awards - June 10, 2013

DIA Awards - June 10, 2013

PAS 2013 - Arrival Day

PAS 2013 - Arrival Day

PATA Annual Summit (PAS) 2013

PATA Annual Summit (PAS) 2013

PAS 2013 - Sponsors & Partners

PAS 2013 - Sponsors & Partners

PAS 2013 - Day 3

PAS 2013 - Day 3

PAS 2013 - Day 2

PAS 2013 - Day 2

PAS 2013 - Day 1

PAS 2013 - Day 1

PATA Youth Forum 2013

PATA Youth Forum 2013

IT&CMA and CTW

IT&CMA and CTW

Tourism Futures

Tourism Futures

MICE Asia

MICE Asia

Travel Distribution Summit Asia 2008

Travel Distribution Summit Asia 2008

14th IT&CMA and 9th CTW

14th IT&CMA and 9th CTW

↑ top