Why state borders need to open NOW: Coronavirus restrictions are ripping $55BILLION from Australia's tourism industry - with thousands of businesses on the brink of collapse and a million jobs at risk
Coronavirus lockdowns and strict border restrictions are expected to cost Australia's tourism industry at least $54.6billion this financial year, new data has shown. Modelling by Tourism Research Australia predicted Australia's tourism industry will be worth $83.8billion in 2020-21, some $54.6billion less than in 2019. The modelling assumed the industry will lose $31.4billion due to international border restrictions and that domestic tourism will decline by at least $23.2billion. Queensland's border closure is estimated to cost local businesses $17million a day in lost income. In normal times, tourism directly and indirectly employs one million Australians, accounting for one in 12 jobs. Coronavirus lockdowns and border restrictions are expected to cost Australia's tourism industry at least $54.6billion this financial year. Pictured: The Sydney Opera House Modelling by Tourism Research Australia predicted Australia's tourism industry will be worth $83.8 billion i