Kingscote Airport Business Case Appendices - Kangaroo Island ...

Kangaroo Island Futures Authority Draft Economic Impact of Agriculture and Tourismexpenditure are in basic prices, that is, net of net taxes (i.e. taxes minus subsidies) andmarketing and transport margins.In aggregate, it was estimated that expenditure by tourists on Kangaroo Island in 2011/12generated the following level of regional economic activity (Table 5.2).• Approximately $54 million in GRP which represents 25 per cent of the regional total($217 million in Table 5.2).• Approximately 560 full-time and part-time jobs which represent 23 per cent of theregional total (2,400 total jobs in Table 5.2).• Approximately 470 fte jobs which represents 20 per cent of the regional total (2,330fte in Table 5.2).Table 5.2The contribution of tourism to GRP and employment on Kangaroo Island,2011/12TourismaGRP ImpactExpenditureEmployment Impact$m $m fte Total JobsWine and other food products 1 1 7 8Wholesale trade 2 2 17 17Retail trade 15 8 127 156Accommodation and food services 40 16 187 248Transport 8 3 30 25Ownership of dwellings 8 6 0 0Property and business services 1 4 37 41Education 0 0 6 7Health and community services 0 1 10 11Cultural and recreational services 3 1 12 11Personal Services 0 1 11 13Other Sectors 2 3 25 26Net Taxes b 7 7 - -Imports 36 - - -Total (Tourism) 123 54 471 562Regional Total c - 217 2,330 2,399Tourism Contribution to RegionalTotal- 25% 20% 23%abcIn 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 Kangaroo Island RISE model for 2011/12.Source: EconSearch analysise c o n s e a r c hPage| 18