The Australian Bureau of Statistics yesterday released its overseas short-term arrivals and departures figures for May, which revealed a rise in the number of inbound tourists and a reduction of out-bound tourists.
The number of short-term visitor arrivals rose by 0.6% in May in trend terms, whereas short-term resident departures fell by 0.1% over the month. The the ratio of annual arrivals to departures also rose to 77.0%, which was the highest level since July 2011 (see next chart).
