Investor Updates
Data Alert: Australia’s strong visitor numbers signal rising investment opportunities
12 September 2013
A record 6.3 million short-term visitors arrived in Australia in the year ended June 2013, according to the latest data from the Australia Bureau of Statistics.
The record number represented a rise of nearly 5 per cent over the previous year, the strongest growth since 2004-05.
China was Australia’s largest market for total expenditure and visitor nights. Short-term visitor arrivals from China recorded the strongest growth over 2012-13 with 685,000 arrivals, making up 10.9 per cent of Australia’s total.
The robust arrival numbers signal a positive outlook for investment in Australia’s tourism infrastructure, an outlook underpinned by waning mining and energy investment and a weaker Australian dollar.
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