Economic analysis

Warm beaches, crystal waters and world-class surf – Australia’s coasts have it all. It should come as no surprise, then, that our coastal regions are among the most visited in regional Australia.

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International visitors arrive almost exclusively by air. Latest data shows 99.2% of inbound visitors came to Australia by air while just 0.8% arrived via cruise ships.

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Australia's economy grew by 0.5% in the fourth quarter (Q4), lifting Australia's annual economic growth rate to 1.9% in FY2018/19 according to the latest National Accounts figures released by the Aust ...

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Tourism is now Australia’s largest services export. According to data released by Tourism Research Australia in May 2019, tourism contributed A$37.4 billion to the Australian economy in 2017–18.

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As international students flock to Australia, they seek more than just the world-class education – they are also avid travellers.

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According to the World Payments Report 2018, non-cash transaction volumes grew by 10.1 per cent in 2016.

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The International Monetary Fund (IMF) has trimmed its projected rates for world growth to 3.2% in 2019 and 3.5% in 2020.

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The Australian economy faces fewer risks than almost all other major advanced economies, according to Oxford Economics.

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For a long time tourism operators have been buoyed by the industry’s impressive economic performance. At face value, results from Tourism Research Australia’s latest International Visitor Survey bring ...

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This year marks the 10th birthday of the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA).

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