• Victoria Tourism Industry Council (VTIC)
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Cost concerns the biggest challenge for tourism: survey

16 /08/ 2013 Comments are Closed

Victoria’s tourism and events industry has indicated that wages costs, business taxes and government charges are the biggest challenges it faces at the moment, according to the state’s peak tourism and events industry body.

Results released in the latest quarterly business sentiment survey from the Victoria Tourism Industry Council (VTIC) indicate the wages costs are the biggest concern for industry, with 68 per cent of respondents nominating this as a moderate or significant constraint on their business.

VTIC Chief Executive Dianne Smith says, “It is not surprising that wage costs are the most significant challenge for our members at the moment, given the 24 hour, seven day a week nature of our industry. For some operators, keeping up with wage requirements makes running a successful business really difficult. We urge both parties to take this into consideration in the upcoming federal election.”

Business taxes and government charges were rated the second most prominent constraint, with nearly 60 per cent of respondents rating them as a moderate or significant constraint on their business.

“Tourism and events contribute so greatly to our communities, economically and culturally,” says Ms Smith. “It is time for government to recognise how significant our industry is and reflect this through proper resourcing of government departments and a better understanding of how our sector works.

“For an industry that is usually concerned with demand factors, such as domestic tourists travelling overseas, these results are a clear signal to governments that the cost of doing business is a real worry and threat to many businesses.

“We urge our next government to get out in the community and talk to their tourism operators. Despite these concerns, 60 per cent of respondents still felt very or slightly positive about their business prospects over the next three months. Our industry is mightily resilient and very optimistic about the future, but we do need these constraints to be understood and addressed.”

Consumer confident was rated the third most significant constraint to industry, while labour shortages and environmental factors ranked as the least concerning constraints.

Victoria’s tourism industry contributes over $19 billion to the state economy each year and employs more than 200,000 people.

Add your support to the Small Business, Too Big To Ignore campaign to help raise the voice of small businesses across Australia this federal election year.

VTIC

About the Author

VTIC

The peak body for Victoria's tourism and events industry, VTIC represents key industry associations and operators, with over 1400 members.

Media Manager:

Media enquiries: media@victorianchamber.com.au,

Samantha Nixon, Media and Communications Manager
03 8662 5156 / 0423 883 945

Ellana Katos, Media Advisor
03 8662 5205 / 0400 976 889

Bradley Green, Social Media and Communications Advisor
03 8662 5279 / 0419 754 743

Events

february

06feb6:00 pm8:00 pmVTIC 2019 Spotlight on a Member- February at Auscarts Racing - Save the DateAcknowledging our VTIC Members through our new Spotlight on a Member event6:00 pm - 8:00 pm Auscarts Racing

12feb9:00 am5:00 pmDestination Melbourne presents: Playful Tourism9:00 am - 5:00 pm Holiday Inn Melbourne on Flinders

12feb5:45 pm7:30 pmVictorian Chamber Presents: Business After Dark5:45 pm - 7:30 pm Marvel Stadium

20feb10:30 am11:30 amVTIC Webinar Series - Save the DateImproving the world, one webinar at a time!10:30 am - 11:30 am Online

26feb9:00 am3:30 pmFeatured2019 Visitor Economy Forum and Tourism Australia Industry Briefing9:00 am - 3:30 pm Melbourne Convention and Exhibition Centre

march

06mar6:00 pm8:00 pmVTIC 2019 Spotlight on a Member- March at Melbourne Star Observation Wheel - Save the DateAcknowledging our VTIC Members through our new Spotlight on a Member event6:00 pm - 8:00 pm Melbourne Star Observation Wheel

20mar10:30 am11:30 amVTIC Webinar Series - Save the DateImproving the world, one webinar at a time!10:30 am - 11:30 am Online

20mar5:30 pm8:00 pmVictorian Chamber Presents: Fast Forward - Speed Networking5:30 pm - 8:00 pm RACV City Club, Bayside Room 4, Level 2

april

03apr6:00 pm8:00 pmVTIC 2019 Spotlight on a Member- Save the DateAcknowledging our VTIC Members through our new Spotlight on a Member event6:00 pm - 8:00 pm

17apr10:30 am11:30 amVTIC Webinar Series - Save the DateImproving the world, one webinar at a time!10:30 am - 11:30 am Online

may

01may6:00 pm8:00 pmVTIC 2019 Spotlight on a Member- Save the DateAcknowledging our VTIC Members through our new Spotlight on a Member event6:00 pm - 8:00 pm

22may10:30 am11:30 amVTIC Webinar Series - Save the DateImproving the world, one webinar at a time!10:30 am - 11:30 am Online

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