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Tax cuts could mean Aussie travel boost


The Australian Federation of Travel Agents (AFTA) has praised the Government for giving Aussies extra in their household budgets to potentially spend on travel.

 

 

In a post-budget statement, AFTA claimed middle income earners would be getting around a $520 per year bonus, which may assist with the continued growth in outbound travel and will definitely help families pay for the $60 a head Passenger Movement Change.

 

This tax cut amounts to $13.4 billion being placed back into the hands of hardworking Australians who may choose to spend some of this on travel, according to AFTA.

 

“This is good news for the travel industry and we will need to wait and see if these cuts convert into a positive uplift in the outbound travel numbers over the years ahead,” said Jayson Westbury, AFTA Chief Executive.

 

“I am sure the tourism industry will be very pleased with the $5.1million that has been placed back into the cookie jar at Tourism Australia. It’s better to be putting more cookies in the jar than the traditional approach by this Government to take the cookies out of the jar.”

 

New research shows Australia has enjoyed better tourism growth in the past four years than the UK and USA. During that time, Australia saw a 37 per cent increase in tourists, equating to more than eight million visits in 2016, according to statistics from Austravel.

 

Meanwhile figures released by Steve Ciobo, Australia’s Tourism Minister, have revealed that international tourism has brought in $41.3 billion in the 12 months to December 2017, a six per cent growth on the previous year.

 


Written by: Jon Underwood
Published: 25 May 2018


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