Monday, 25 June 2018

Investment for New South Wales

The New South Wales (NSW) Budget 2018 was announced this week with over $290 million to be invested into the State’s visitor economy. Minister for Tourism and Major Events Adam Marshall said, “Tourism is big business and vital to the NSW economy delivering $35.2 billion in visitor spend last year and directly employing 171,100 people across the State.” 

$82 million will be invested to secure and support major sporting, arts and business events across the State, while $54 million will be invested to promote NSW destinations and experiences to domestic and international markets, support tourism operators and secure strategic partnerships with airlines and trade partners. 

$7.5 million will be provided for regional programs to attract more visitors, events and conferences, support industry product development and marketing, and spread visitor economy benefits to more communities.


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