Tourism industry king hit by bushfires

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Australia’s tourism industry is Australia’s fifth biggest export, according to the Department of Foreign Affairs and Trade:

Export revenues have also roughly doubled since 2013:

However, there are widespread concerns that the bushfire crisis will stop international tourists from visiting Australia, smashing the industry alongside export revenue.

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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.