The Council of Capital City Lord Mayors (CCCLM) has developed a globally unique statistical tool which captures the scale, diversity and direction of the development of local, state and federal Night Time Economy (NTE) activity in Australia. Consistency of local comparative performance measurement has been a hallmark of the approach of the work commissioned by the Local Government Safe Cities Network (LGSCN) over the last eight years and these outcomes can be accessed by participating local government areas (LGAs) that sign up to the use of CCCLM’s NTE Profiler tool.
The NTE in Australia continues to be a significant contributor to the economy as a whole, accounting for 17% of all establishments in both 2016 and 2017 across the Core, Non-Core and Supply NTE sectors. Of the 2.2 million businesses in Australia in 2017, the NTE consists of 374,835 establishments and grew at a faster rate between 2016 and 2017 than the total economy (3.4% compared to 3.1%). These NTE establishments employ a total of three million people (growing 1.9% from 2016) and generate almost $715 billion in turnover (an increase of 2.7% since 2016–which is an above inflation rise).