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 …showed first 75 words of 607 total…

…showed last 75 words of 607 total…from New Zealand account for around one quarter of all arrivals; other major markets include the United Kingdom and Ireland, the United States, Japan, Central Europe and the Asian region. Both the large number of departures from Australia and the fact that Australians on average spend more on overseas trips than inbound tourists, account for the negative tourism balance of payment. Recent trends, however, indicate that the gap between travel credit and debit is narrowing.