The economic impact of the current mining boom on the Australian tourism industry

The economic impact of the current mining boom on the Australian tourism industry Report

  • Author(s): Tien Duc Pham, , Bailey, G., Marshall, J.
  • Tertiary Author(s): Tourism Research Australia
  • Published: 2013

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

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Suggested Citation
Tien Duc Pham, , Bailey, G., Marshall, J., 2013, The economic impact of the current mining boom on the Australian tourism industry, Report, viewed 15 August 2022, https://www.nintione.com.au/?p=3954.

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