No Josh, domestic tourism isn’t booming

Data from the Treasury shows that the coronavirus-induced restrictions on international travel have boosted the Australian economy.

According to the Treasury, domestic tourism grew the economy by $7.5 billion over the December quarter, the equivalent of around 1.5% of GDP, as Australians holidayed at home and spent their money locally.

This led to an upbeat assessment from Treasurer Josh Frydenberg:

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