Tourism

New South Wales has by far the largest tourism industry in Australia, making up 35% of all tourism industry output in Australia in 2006-07. New South Wales is particularly dominant in the tourism-related industries of transport services, accommodation, cafes, restaurants and food outlets, education and food manufacturing.

Tourism is an important driver of the State’s economy, directly contributing $13.3 billion or 4.0% of gross state product in 2006-07. Indirectly, tourism is estimated to have contributed a further $9.2 billion to the New South Wales economy.

Tourism exports made up $8.3 billion or 16.5% (on a balance of payments basis) of New South Wales total exports of goods and services in 2006-07, which represented 37.4% of international tourist consumption in Australia.

New South Wales receives more than half of all international visitors to Australia, and around 35% of all international visitor nights. International and domestic visitors enjoy a wide range of attractions and services in the State. In the 2008 Qantas Australian Tourism Awards, New South Wales attractions and businesses were awarded top place in the categories of ecotourism, new tourism development, non-major tourist attraction, hosted accommodation, backpacker accommodation and tourist/caravan park.

Tourism – gross value added, New South Wales and Australia, 2006-07 (1,2)

Tourism Industries (3)

NSW
($million)

Australia
($million)

NSW as % of Australia

Tourism characteristic industries

 

 

 

Travel agency and tour operator services

347.5
1,421.0
24.5

Air and water transport

2,244.2
4,156.0
54.0

Accommodation

1,521.5
4,547.0
33.5

Cafés, restaurants and food outlets

1,023.7
3,143.0
32.6

Other (4)

278.4
1,172.0
23.8

Total Tourism Characteristic Industries

5,415.3
14,439.0
37.5
       

Tourism connected industries

Clubs, pubs, taverns and bars

328.3
1,008.0
32.6

Other road transport

337.8
965.0
35.0

Rail transport

199.2
549.0
36.3

Food manufacturing

346.0
954.0
36.3

Beverage manufacturing

191.6
732.0
26.2

Other manufacturingm (5)

395.9
1,147.0
34.5

Retail trade (6)

1,195.3
4,065.0
29.4

Libraries, museums and arts

125.7
422.0
29.8

Other entertainment services

181.6
625.0
29.1

Education

741.7
2,124.0
34.9

Ownership of dwellings

839.1
2,198.0
38.2

Total Tourism Connected Industries

4,882.4
14,789.0
33.0

All other industries

982.1
3,078.0
31.9

Tourism Industry Value Added

11,279.8
32,306.0
34.9
Tourism NSW GSP/Australia GDP (7)
13,337.1
38,936.1
34.3

Footnotes:
1: 1 Measured as gross value added and represents the value of gross output at basic prices (excluding taxes and subsidies) by all industries which supply tourism products, less the value of inputs in producing these products. It includes interstate trade.
2 While the overall method and data sources used for 2006-07 are broadly similar to those used in STCRC's 2003–04 Tourism Satellite Account report, changes in data sources mean that the two sets of results are not directly comparable.
3 Tourism characteristic industries are defined as those industries that would either cease to exist in their present form, or would be significantly affected if tourism were to cease. Tourism connected industries are those industries for which a tourism related product is directly identifiable, and where the products are consumed by visitors in volumes which are significant for the visitor and/or the producer.
4 Includes motor vehicle hiring (61%) and taxi transport (39%)
5 Includes transport equipment manufacturing, which accounts for 20% of ‘Other manufacturing’
6 Includes automotive fuel retailing, which accounts for 6% of ‘Retail trade’
7 Tourism GSP/GDP are equal to tourism industry value added plus net taxes on tourism products

Source: Tourism Satellite Account New South Wales, 2006-07, STCRC Centre for Tourism Economics and Policy
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