Preview

The Economic and Social Importance of Tourism: Australia.

Good Essays
Open Document
Open Document
626 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Economic and Social Importance of Tourism: Australia.
The contribution of the tourism industry to economic growth and employment is now being recognised although, in international terms, Australia still lags well behind in tourism receipts. In 1982, Australia's relative share of the market represented only 1.4 per cent of the OECD total, placing Australia on a par with countries such as Sweden and Portugal but eight to ten times below the level of the United States, Italy or France.

A 1981-82 survey on the economic significance of tourism by the Bureau of Industry Economics (BIE), showed that tourism makes a considerable contribution to both national income and employment and warranted more recognition as a growth industry. The BIE study estimated that tourism contributes 4.8 per cent to Australia's Gross Domestic Product (GDP) and is responsible for employing 340,000 people or 5.2 per cent of the workforce. By way of comparison, tourism's contribution to GDP and employment is equivalent to the combined textile, clothing and motor vehicle industries.

During the 12-month period of the survey, it was estimated that the total gross expenditure by both domestic and international tourists in Australia was $12.7 billion. After deducting transfers, imports and indirect taxes, the expenditure amounted to $7 billion, 15 per cent of which was due to international visitor expenditure. The BIE report also estimates that on average $1 million of international visitor expenditure creates, directly or indirectly, 34 jobs.

Some insights are provided by the BIE report into characteristics of employment in the tourism industry. Most of the expenditure generated by tourism, for example, is channelled into industries with a high degree of labour intensity. These include the restaurant and catering trade, hotels and motels, transport and storage, and retail trading. Tourism also makes a major contribution to the provision of employment opportunities for some disadvantaged groups. While women hold only 36.7 per cent of jobs in the

You May Also Find These Documents Helpful

  • Good Essays

    Unit 9 D1

    • 618 Words
    • 3 Pages

    Tourism Australia has not been very successful at times due to the following factors that have made a negative impact on their business occasionally. These factors; political, economic and technological issues, have also led to certain marketing decisions being made in the business which has strongly impacted on their marketing mix.…

    • 618 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Travel spending generated the core tourism industry economic impact. The direct impact of these expenditures can be compared to other sectors of the economy. Tourism-related government, investment and merchandise trade expenditures add to the core impact to give a picture of the entire tourism-generated economy—including direct, indirect, and induced impacts.…

    • 2328 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    Miss

    • 1656 Words
    • 7 Pages

    Tourism can bare great economic value to a country, due to a number of factors which can very from country to country. Firstly, tourism provides foreign exchange without exporting anything out of the country and it provides a more stable source of income for the country than any other industry. Secondly, the amount of visitor’s expenditure that remains in an area provides a source of income for local businesses and residents, as well as the increased development of the area and the possibility of new jobs being created.…

    • 1656 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    The tourism industry on the other hand has also made some beneficial marks to the Australian economy.…

    • 765 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    frqwefw

    • 1005 Words
    • 5 Pages

    Dyer, Gursoy, Sharma & Carter (2007, p. 409) argued that tourism is prominent in Australia’s economic restructuring, particularly in regional and coastal areas. There are many aspects such as history, attitudes and culture to contemplate when defining the meaning of leisure, though it is essential…

    • 1005 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    “Today, tourism is one of the largest and dynamically developing sectors of external, economic activities. Its high growth and development rates, considerable volumes of foreign currency inflows, infrastructure development, and introduction of new management and educational experience actively affect various sectors of economy, which positively contribute to the social and economic development of a country as a whole”. (Mirbabyev, B.;Shagazatova, M.)…

    • 4066 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    Tourism Australia

    • 2196 Words
    • 9 Pages

    Tourism Australia promoted the unique attributes in about 30 markets, Australia is one of them. This will encourage more people to visit more widely and spend more time travelling. Tourism Australia holds some activities such as advertising, PR and media programs, trade shows and industry programs, consumer promotions, online communications and consumer research.…

    • 2196 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Why Tourism Matters

    • 783 Words
    • 4 Pages

    Although tourism has a positive impact on the economy there are equally negative impacts. Touring agencies, shops, hotels, and even islands…

    • 783 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Tourism Case Study

    • 1876 Words
    • 8 Pages

    |In 1988 tourist income estimates at £880 millions | |industrial development and a growing population – with 35% unemployment |…

    • 1876 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    In 2009, and for a period of six month, I have travelled to Mexico as an exchange student. This experience has enabled me to observer, in total immersion, the strategy implemented by Mexico to maintain economical and social fast emergence.…

    • 3787 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    Tourism in New Zealand

    • 894 Words
    • 4 Pages

    I have chosen to look at tourism in New Zealand because as a country they are very open, they want to attract a lot of visitors, and they also have many interesting tourism products available for a variety of people. New Zealand does a lot of advertising to young people looking to go backpacking and older people for the scenery. New Zealand’s economy does not rely on the tourism industry but it does play a big part of the income.…

    • 894 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Milestone 1 Thailand

    • 271 Words
    • 3 Pages

    Picture source: http://www.tourist-destinations.net/2012/05/thailand-travelguide.html INT 113 – Milestone One Location / Climate / Culture • • • • Location – Southeastern Asia, surrounded by Andaman Sea & Gulf of Thailand Thailand is two times the size of Wyoming 513,120 sq. km. Tropical Climate ▫ Mid-May – September – rainy, warm cloudy southwest monsoon ▫ November – Mid-March – dry, cool northeast monsoon ▫ Southern Isthmus is always hot and humid • Language Spoken ▫ Thai – 95.9% Speak ▫ Burmese – 2% Speak • Internet Domain - .th • Cultural Activities ▫ Thai Cooking and Desert Making ▫ Cashew Nut Activity during March…

    • 271 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    kosakosa

    • 340 Words
    • 2 Pages

    Zealand economy. The goal of this research is to enhance capability in the tourism sector by…

    • 340 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Located in the southern tip of Malay Peninsula, Singapore is a sovereign city-state and island country in Southeast Asia. By 2012, the population of the country was 5.3 million, composed by 62 percent citizens and 38 percent permanent residents or foreigners. As a small country with limited resources, it is strategized to develop itself as a trading-based and tourism-based country. In 2013, there were 15.6 million tourists visited the country, and the tourism revenue reached 23.5 billion SGD (18.8 billion USD). Tourism plays an important role by contributing significantly to the country’s GDP. In addition, it is also able to positively contribute to create job opportunities in Singapore. The report is to discuss how tourism impact Singapore’s economy and as well what policies Singapore government should carry out to stimulate tourism industry or its relevant industry to sustain its economy growth.…

    • 1500 Words
    • 5 Pages
    Best Essays
  • Best Essays

    Tourism Essay

    • 4153 Words
    • 13 Pages

    industry in 2010 and tourism employs 56% of the total labour force1. Steady growth in tourism…

    • 4153 Words
    • 13 Pages
    Best Essays