This report examines the contribution of tourism to New South Wales and its tourism regions.
Tourism is a valuable contributor to New South Wales’ economy. The latest state Tourism Satellite Account (TSA) published by Tourism Research Australia (TRA) reports that in 2015–16, the tourism industry directly contributed $16.3 billion to New South Wales’ economy (Gross State Product, or GSP) and directly employed approximately 164,000 people. Together with the indirect impacts, the industry’s total contribution to the economy reached an estimated $32.5 billion, or 6.0% of GSP.
This report goes beyond these state-wide findings to examine the role and contribution of the tourism industry at a regional level. The analysis is underpinned by benchmark industry data sourced from TRA, and a modelling framework consistent with that used in the national TSA (published by the Australian Bureau of Statistics) and state TSA. Estimates of the contribution of tourism to metrics such as employment and Gross Regional Product (GRP) are provided for all tourism regions in New South Wales