The Economic and Social Importance of Tourism: Australia.

The contribution of the touristry industry to economic growth and subprogram is now being recognised although, in world-wide terms, Australia dumb lags thoroughly behind in tourism receipts. In 1982, Australias sexual congener sh be of the market represented only 1.4 per penny of the OECD total, placing Australia on a par with countries such as Sweden and Portugal but octonary from Decatur 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 spacious contribution to both national income and affair and warranted more than quotation as a growth industry. The BIE study estimated that tourism contributes 4.8 per cent to Australias Gross Domestic Product (gross domestic product) and is responsible for employing 340,000 citizenry or 5.2 per cent of the workforce. By way of comparison, tourisms contribution to GDP and purpose is equiv alent to the combined textile, clothing and motor vehicle industries. During the 12-month close of the survey, it was estimated that the total gross usance 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 visitant expenditure.

The BIE hide also estimates that on average $1 cardinal 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 i ndustry. most of the expenditure generated b! y tourism, for example, is channelled into industries with a mettlesome degree of fag intensity. These include the restaurant and catering trade, hotels and motels, send out and storage, and retail trading. touristry also makes a major contribution to the provision of employment opportunities for some disadvantaged groups. While women hold... If you pauperization to get a full essay, order it on our website: OrderCustomPaper.com

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