Could Chinese tourists bring more money than both the mining and agriculture industries?

By Cam McLellan

Matt Lewison is constantly reminding me about the Chinese tourists that are expected to arrive on our shores each year.

Here’s an eye widening statistic which may explain his excitement.

If tourist numbers from China were to increase at 10% per annum for the next 15 years the tourism industry will bring more money into the country than the mining industry or agriculture industry.

Here’s a short article by Wayne Cole on the boost thanks to the Rugby.

Australia boasts tourist boom, thanks to rugby

SYDNEY (Reuters) – Australia boasted the largest ever rise in visitor arrivals in June as fans of the British and Irish Lions invaded the country to watch a one-in-12 year rugby test series.

In a boost to the economy that might make up for Australia losing the series, arrivals from the UK surged 68 percent in June to a record 81,400.

That helped lift overall June visitor arrivals by a thumping 7.6 percent on seasonally adjusted basis to 564,100, according to data from Australian Bureau of Statistics released on Friday.

That was also the highest on record and up 10 percent from June last year.

The data confirm estimates from Tourism Australia that the Lions brought around 30,000 British tourists along in their wake, generating up to A$150 million ($138 million) for the national economy.

Visitors from China fell slightly in June from May, but at 63,400 were still up 18 percent on the same month last year. China has been an increasingly important source of tourists for Australia, more than making up for a long decline in visitors from Japan.

A lower local currency seemed to have a negligible impact on Australians’ love affair with travelling. Short-term trips abroad totalled 734,000 during June, up over 5 percent on the same month last year and yet another record.

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