Gross revenue from tourism has seen its largest increase in Australia since 1998-99.
The value has increased by 7.9% to $32,306 million and there has been a similar percentage growth in the economy as a whole, according to figures released by the Australian Bureau of Statistics.
Australians spending the tourist dollar within Australia has increased by 6.8% to $63 billion whilst revenue from tourists outside Australia is up by 9.8% to $22 billion.
As a percentage share of Australia's gross domestic product (GDP), tourism stayed unchanged from the previous year at 3.7%, indicating there has been a similar rate of growth to the Australian economy as a whole.
The inception of the Tourism Satellite Account, allows statistical information to measure the financial effect of the tourism industry on the Australian economy, by calculating the demand for supply of tourism products from Australian and international business and leisure visitors.
There were 482,800 people employed in the tourism industry in Australia in 2006-07, which was up on 2005/6 by 1.1%.
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