Chinese tourism was already falling before virus

Wednesday, 19 February 2020

The Australian Bureau of Statistics (ABS) yesterday released its short-term visitor arrivals and departures data for December.

The number of short-term arrivals rose by 1.9% in the year to December, whereas short-term resident departures rose by 0.9%. The ratio of annual arrivals to departures also rose to 81.5%:

Net short-term arrivals also remained heavily in deficit:

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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.