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Kingscote Airport Business Case Appendices - Kangaroo Island ...

Kingscote Airport Business Case Appendices - Kangaroo Island ...

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<strong>Kangaroo</strong> <strong>Island</strong> Futures Authority Draft Economic Impact of Agriculture and Tourism• High proportion of international visitors• Iconic status• Natural attraction• Significant access issues, which have been partially overcome with frequent directflights from capital cities.In aggregate, it was estimated that the increase in visitor expenditure would generate thefollowing economic activity on <strong>Kangaroo</strong> <strong>Island</strong> (Table 7.7):• Approximately $23 million in GRP (11 per cent increase)• Approximately 239 full-time and part-time jobs (9 per cent increase)• Approximately 198 fte jobs (11 per cent increase)Table 7.7abcEconomic impact of tourism expenditure growth: moderate growth scenarioTourismExpenditure a GRP Impact Employment Impact$m $m fte Total JobsWine and other food products 0.6 0.5 4 5Wholesale trade 0.9 1.1 8 7Retail trade 5.0 3.6 57 69Accommodation and food services 15.8 7.7 89 118Transport 2.6 1.5 13 11Ownership of Dwellings 2.3 2.7 0 0Property and business services 0.6 2.0 17 19Education 0.0 0.2 2 2Health and community services 0.0 0.2 3 4Cultural and recreational services 0.8 0.4 5 5Personal Services 0.0 0.3 5 6Other Sectors 0.0 1.4 9 10Net Taxes b 2.9 2.9 - -Imports 25.6 - - -Total (Tourism) 57.0 24.4 213 256Regional Total c - 217.0 2,330 2,399Tourism Contribution to Regional Total - 11% 9% 11%In basic prices, that is, net of net taxes (taxes minus subsidies) and marketing and transport margins. Furtherdescription of the method used to estimate this profile of tourism expenditure is provided in Section 2.2.Indirect taxes (principally GST) less subsidies.Derived from the <strong>Kangaroo</strong> <strong>Island</strong> RISE model for 2011/12.Source: EconSearch analysise c o n s e a r c hPage| 35

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