Tourism Industry News
Australian cruise industry needs port upgrades to grow
The cruise industry is forecast to contribute more than $3 billion to Australia's economy by 2020 but only if the federal and state governments can address port bottlenecks that are restraining capacity.
An Access Economics report on the cruise industry released on Monday found the sector was the standout performer in the tourism market in 2007/08 (2007/08) contributing $1.2 billion to the national economy.
Carnival Australia, the country's largest cruise shipping company, said that contribution could more than double in 10 years if governments committed to improving port facilities. Carnival chief executive Ann Sherry said port infrastructure was needed in Sydney in particular so the sector could reach its growth potential.
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