Global Power | Local Knowledge | Uniquely Personal

Foreign tourists spend record amount in Australia

Foreigners are now spending record amounts of money when they come to visit Australia.
People visiting Australia for a variety of different reasons last year spent a record amount of money, according to the latest International Visitor Survey.

It stated that the biggest growth groups in terms of spending were those holidaying and visiting family - officials will be happy with the latter given their campaigns to boost this with a focus on the UK.

In 2013, Tourism Australia's study shows, visiting foreigners spent some $28.9 billion (£15.9 billion), which was six per cent higher than in the year before, as well as being a record spend.

Tourism Australia managing director John O'Sullivan said this showed just how strong the sector is, as well as indicating that it is on course to hit its target of more than $115 billion overnight spending by the end of the decade.

"Pleasingly, much of this growth was driven by leisure and also spread across most of our key target markets, including the UK and USA, in line with our 'balanced portfolio' approach," he concluded.

Posted by Steve Douglas

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact

Subscribe Now