The Morrison Government has dropped its pre-election federal budget with $146.5 million set aside to support the tourism industry.
The package includes $75.5 million in targeted support for travel agents and tour arrangement service providers to continue to operate and rebook travel credits through a third and final round of the Consumer Travel Support Program; $60 million over two years to accelerate international tourist arrivals; and $6.8 million for the implementation of the Government’s THRIVE 2030 long-term strategy for tourism recovery, including $4.8 million for Tourism Research Australia to capture and analyse more tourism and visitor data.
The Government will also boost the number of Working Holiday Makers through a one-off 30 per cent increase across all country caps in 2022-23 to help hospitality, tourism and hotel operators tackle workforce shortages.
“The further investment in the tourism industry in the 2022-23 Budget builds on our support for the sector throughout COVID-19 and our long-term strategy to grow and rebuild the visitor economy,” Tourism Minister Dan Tehan said in a statement.
“Since March 2020, the Morrison Government has provided more than $20 billion in assistance to the tourism and hospitality sector, through JobKeeper, the Cash Flow Boost, and targeted sectoral programs including the Consumer Travel Support Program, Zoos and Aquariums, Business Events Grants, Recovery for Regional Tourism and Tourism Aviation Network Support.
“Our long-term plan for the visitor economy, set out in the industry-led THRIVE 2030 report, will help grow the value of the visitor economy to $230 billion by 2030 and continue to support the more than 300,000 businesses and more than one million Australian workers engaged in the sector.”