Australia’s far north attracts more than 22 million domestic and international overnight visitors each year. The tourism industry contributes $1.2 billion directly into the Queensland economy – 3.7% of the state’s gross state product (GSP) and $11.6 billion to the state’s economy (7.5%).
In a strategy to help regional economies fully leverage their unique strengths, the Australian Government is focusing is injecting $220 million to Regional Jobs and Investment Packages (RJIP). Tropical north Queensland is one of 10 pilot areas that will receive funding. $20 million will go into stimulating long-term growth, diversifying the local economy and driving sustainable employment.
Other locations that’ll receive funding include Bower Basin, NSW’s north and south coasts, Wide Bay Burnett, Goulburn Valley, Geelong, Regional Tasmania, Upper Spencer Gulf and Latrobe Valley. Read More