Wednesday, May 6, 2020

The Impact Of Tourism On The Economy Of Australia

Choose any ONE industry in Australia from this list and discuss the reforms been done in that industry. Study of Agriculture and Tourism Industry in Australia Introduction: Agriculture and tourism plays a vital role in the economy of Australia. Both of this wide spreading industries are intertwined amongst oneself both playing major role for one another. When tourism becomes established in agrarian economy, a common perception is that tourism will drive out agriculture. However such result is not pre-ordained. While tourism may increase the costs of agricultural production, the land owners and laborers benefit from increased resource values, wages and an improved infrastructure. Tourists and tourism induced improvements in marketing system encourages the production of non-traditional, high value agricultural commodities. Tourism also stimulates landscaping and a host of agriculture-based service enterprises, bringing about profound positive changes that offset decrease in traditional agriculture. Tourism is transforming not destroying agriculture. Different tourist areas have managed resource conflicts and allow evaluation of management policies. There must be consideration in encouraging co-operation between the industries. Agriculture can also learn to take advantage of new improved markets tourism creates. Greater integration of agriculture and tourism will reduce leakage of tourism dollars from the local economy and expand export earnings. 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