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Wednesday, May 30, 2012
News Making Money

Tourism's Contribution to Economy Grows to $35 Billion

22/12/2011 02:24 (160 Day 16:21 minutes ago)

The FINANCIAL -- The Tourism Satellite Account, released today by the Australian Bureau of Statistics, shows the tourism industry’s contribution to the Australian economy rose in 2010-11.

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Growth was driven by international visitor consumption growing by 4.4 per cent due to increased arrivals, particularly from Asia.  Domestic tourist consumption grew by 2.1 per cent.The Australian tourism industry has been coping with the effects of a strong Australian dollar, the legacy of the global financial crisis, fierce competition from overseas and natural disasters in Queensland, Japan and New Zealand.

The Minister for Tourism, Martin Ferguson AM MP, said these were robust figures given the volatile market for global travel.Enhancements to this year’s Tourism Satellite Account, showing both full-time and part-time tourism employment data, reflects a continued investment by the Department of Resources, Energy and Tourism.

 

 

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Politics
Nikolic's first official trip will be to Brussels

25/05/2012 08:31 (5 Day 11:14 minutes ago)

The FINANCIAL -- Serbian president-elect Tomistlav Nikolic will make Brussels his first official visit after he takes office in the coming weeks, Slovak Foreign Minister Miroslav Lajcak told media Thursday.

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Markets
NYSE Euronext Announces Bell Ringers for The NYSE Big StartUpSM Competition

25/05/2012 05:50 (5 Day 13:55 minutes ago)

The FINANCIAL -- NYSE Euronext, in collaboration with the Entrepreneurs' Organization and The StartUp America Partnership is pleased to announce that the 10 finalists from the Facebook contest of The NYSE Bell Ringing Competition have been invited to ring The Closing Bell on May 30th at the NYSE.







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