Short-term Chinese arrivals hit new record high

Thursday 14 December 2017

The Australian Bureau of Statistics yesterday released its overseas short-term arrivals and departures figures for October, which continued to show a trend rise in the number of inbound visitors, with Chinese arrivals continuing to boom.

The number of short-term visitor arrivals jumped 11.8% in October in original terms, whereas short-term resident departures fell by 23.4% over the month. However, the ratio of annual arrivals to departures grew to 80.4%:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.