Visitor data suggests Chinese boom may be stalling

Advertisement

By Leith van Onselen

The Australian Bureau of Statistics yesterday released its overseas short-term arrivals and departures figures for March, 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 fell a seasonal 4.6% in March in original terms, whereas short-term resident departures rose by 34.4% over the month. However, the ratio of annual arrivals to departures rose to 81.5%:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.