BMI View: We believe Australia’s tourism sector offers solid long term investment potential due to the country’s well developed and increasingly popular tourism market. With strong support from the Australian government, both in terms of infrastructure development and through extensive marketing campaigns, we expect to see increases across many key market indicators, including inbound and outbound travel, between 2013 and 2017. Inbound travel to Australia was affected by the continuing global credit crunch in 2011, with only a minimal 0.07% growth in terms of inbound arrivals. Growth has since recovered, and from 2013 onwards we expect to see very positive …
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