If you needed any further proof that Australia’s tourism sector is booming, it can be found in the chart below.
It shows annual Australian international air passenger arrivals and departures going back to 2010, courtesy of data from Australia’s Bureau of Infrastructure, Transport and Regional Economics (BITRE) released today.
It’s not hard to spot the trend.
“In the year to July, 36.5 million passengers were carried on international air routes, up 7.5% over the year,” said Craig James, chief economist at Commsec, following the release of the BITRE report earlier today.
There were 18.39 million arrivals over that period, and 18.16 million departures.
Travelers to and from China totaled 2.3 million in the year to July, up 31.4%, with travelers to and from Japan up 30.1%,” notes James.
“Passenger traffic through Cairns airport was up by 22.9% with the Gold Coast up by 16.6%,” he adds.
The ABS will release updated international passenger and arrivals data for August on Monday, October 10.