• Victoria Tourism Industry Council (VTIC)
  • fb_icon
  • li_icon
  • tw_icon
  • yt_icon

BUDGETS CONTAIN LITTLE TO STIMULATE TOURISM AND EVENTS

23 /05/ 2012 Comments are Closed

While the 2012-13 Federal Budget contained some benefits for tourism these were tempered by a combination of tax increases and omissions that represented a missed opportunity for the industry as a whole.

Overall, from a business and tourism perspective the Budget does little to stimulate competitiveness and growth. Wins such as the new Asian Marketing Fund, Olympic Park Precinct development and funding allocated to Museum Victoria for the Royal Exhibition Building enhancement were overshadowed by a lack of ‘game-changing’ infrastructure projects and wide-spread tax reform.

In the context of the impending carbon tax and increased superannuation contributions, the Budget has not helped to lower costs for the industry. The tourism and events sectors will need to continue to be innovative and creative to ensure longevity and sustainability in the face of economic and political uncertainty both at home and abroad.

To read a summary of the relevant Budget measures and the implications for our industry, click here.

In further disappointing news for tourism and events, the State Budget also contained few offerings for these vital sectors of the economy.

While additional funding for Puffing Billy, the Melbourne Park redevelopment and Zoos Victoria and the continuation of funding for the significant sporting events program were positive initiatives, what was missing was dedicated funding for the Melbourne Convention and Exhibition Centre extension. This project is key to positioning Melbourne as the nation’s premier event host for international business visitors.

VTIC

About the Author

VTIC

The voice of the Victorian tourism industry, representing key industry associations, operators and government agencies.

Events

february

28feb9:00 am3:00 pm2018 VTIC Visitor Economy Forum & Tourism Australia Industry Briefing9:00 am - 3:00 pm Melbourne Convention and Exhibition Centre

march

07mar5:30 pm7:30 pmVTIC 2018 Mixer Series - March Tourism Networking EventConnect and reconnect at our monthly mixers5:30 pm - 7:30 pm Novotel Melbourne St Kilda

15mar9:30 am5:30 pmTourism Australia's Destination Australia Conference 20189:30 am - 5:30 pm The Glasshouse

15mar5:45 pm7:30 pmVictorian Chamber presents: Business After Dark5:45 pm - 7:30 pm Roc's Bar

19mar9:00 am11:00 amDestination Melbourne presents: Tapping into Tourism9:00 am - 11:00 am Willis Room, Whitehorse Civic Centre

21mar10:30 am11:30 amVTIC Webinar Series: PR for Tourism Businesses - Telling your storiesImproving the world, one webinar at a time!10:30 am - 11:30 am

23mar7:45 am10:00 amVictorian Chamber presents: Grand Prix Breakfast7:45 am - 10:00 am Albert Park

april

04apr5:30 pm7:30 pmVTIC 2018 Mixer Series - April Tourism Networking EventConnect and reconnect at our monthly mixers5:30 pm - 7:30 pm Mercure Melbourne Treasury Gardens

18apr10:30 am11:30 amVTIC Webinar Series - Risk Management 101Improving the world, one webinar at a time!10:30 am - 11:30 am

may

02may5:30 pm7:30 pmVTIC 2018 Mixer Series - May Tourism Networking EventConnect and reconnect at our monthly mixers5:30 pm - 7:30 pm Mercure Melbourne Treasury Gardens

31may9:00 am5:00 pmDestination Melbourne presents: Melbourne LIVE9:00 am - 5:00 pm Arts Centre Melbourne - The Pavilion

july

30jul(jul 30)8:00 am31(jul 31)3:30 pmVictorian Tourism Conference 2018SAVE THE DATE8:00 am - 3:30 pm (31) RACV Cape Schanck Resort

X