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Abstract:
The mining boom began in the mid-2000s leading to sharp increases in prices for mining-related commodities. It has, to date, delivered mixed impacts across Australian states and territories, and across industries. This is sometimes referred to as ‘Dutch Disease’, whereby a boom in an exporting industry, in this case mining, raises the terms of trade and the value of a currency. This can deliver negative impacts for some other industries involved in export or import substitution. This is a follow-up report to Tourism Research Australia’s (TRA) snapshot on the impact of the mining boom, released in November 2011. It showed that travel activity to the key ‘mining’ tourism regions (and for business more generally) had increased strongly and that accommodation and aviation industries in capital cities and in the mining areas were benefiting from the boom up to that time.
Notes:
ISBN 978-1-922106-53-7 Other contributors - Ray Spurr, Larry Dwyer
