Three bits of great news released on the economic front today:
* The QLD tourism industry contributed $23 billion to the state economy in 2013 - an increase of $3.5 billion since the 2012 election - and tourism jobs increased 13 per cent over the last two years (source: Australian Bureau of Statistics)Well, yes, that is only one bit and issue will be taken subsequently with the Parrot also reviving faith in the property price Ponzi as a source of economic growth. Not sure if he cleared this first with Guvnor Glenn?
However, when it comes to the numbers above it is noted that he has since adjusted the source to the State Tourism Satellite Accounts from Tourism Research Australia. The numbers he has posted are copied from a media release by tourism minister Stuckey. I must say these accounts make fabulous use of input-output multipliers! Which is subject for a future post!
I'm not sure and will check where the $23 billion comes from but presume it relates to
The employment number over two years is particularly interesting also. Again, the numbers here relate to financial years with most recent FY2013. So the 13% increase is since FY 2011 which was the most depressed low for Queensland tourism and the year when Anna Bligh famously declared that Qld was underwater.
Almost all of that increase was actually a recovery in FY2012. When was the election again? The increase in FY2013 was actually a quite low percentage but will check and post a graph on that as there are a few different numbers in these accounts to digest.