The ACT Government has unveiled its budget with $20 million set aside for the tourism and event sectors.
Almost $8 million will be used to help rebuild those major events that were cancelled this year, while a new major events fund of $2.5 million over two years will be used to attract new events and $3 million to expand tourism marketing activity.
The Canberra Convention Bureau will also receive $1.3 million to help the recovery of the business events sector.
A $750,000 Aviation Stimulus Fund, in partnership with Canberra Airport, Tourism Australia, will be used to attract low-cost airlines and more direct flights to Canberra and attracting future international routes.
A further $200,000 over two years will be allocated to support the continued delivery of key events and awards programs, including the Canberra International Riesling Challenge.
The announcement follows a disastrous year for events in the ACT with Floriade, Summernats and the Royal Canberra Show all cancelled this year.
However, Summernats has confirmed it will relaunch from January 6 under a Covid-safe plan.
“This is a critical Budget to ensure our economy bounces back strongly from the impacts of COVID-19,” said Chief Minister Andrew Barr.