Kingscote Airport Business Case - Kangaroo Island Council - SA ...
Kingscote Airport Business Case - Kangaroo Island Council - SA ...
Kingscote Airport Business Case - Kangaroo Island Council - SA ...
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<strong>Kangaroo</strong> <strong>Island</strong> <strong>Airport</strong> Upgrade <strong>Business</strong> <strong>Case</strong><br />
8.4 Net benefits to the community<br />
As demonstrated in the economic modelling above, the investment of some $17 million<br />
dollars in an airport upgrade for this regional economy will result in the following<br />
benefits:<br />
• Local<br />
- Between $12 – 49 million per annum for the local economy<br />
- Between 107 and 382 new jobs in the local economy<br />
• National<br />
- Additional tourism numbers for the nation where Australia can leverage from the<br />
<strong>Kangaroo</strong> <strong>Island</strong> icon status, to help achieve the tourism targets of $140 billion<br />
by 2020.<br />
The benefits exceed the costs at a local level, and therefore represents a sound<br />
investment. However, the benefits are also realised at a national level,<br />
particularly to the extent that investment in <strong>Kangaroo</strong> <strong>Island</strong> offers a new<br />
attraction to international tourism as new visitors to <strong>Kangaroo</strong> <strong>Island</strong> will not<br />
detract from other Australian destinations and are more likely to develop a<br />
broader Australian package with high appeal internationally.<br />
May 2013<br />
65