Whitsunday Coast Airport is set to achieve its best year on record in the 2014-15 financial year with passenger numbers forecast to be between 270,000 and 280,000. For the 2014-15 financial year the airport is forecast to experience 10% growth, which will result in a total direct tourism industry contribution by inbound passengers of approximately $200 million. These passenger number forecasts for 2014-15 exceed passenger numbers from before the Global Financial Crisis, showing increased confidence and growth in the local economy and tourism industry. These forecasts follow a very successful 2013-14 year for the Whitsunday Coast Airport, where the airport experienced an increase in carriers, flights and passengers; interest in local and international investment expanded and the process for a designation of a Priority Development Area (PDA) over the airport commenced.
More than 13,000 cruise passengers passed through Shute Harbour Marine Terminal across three consecutive days, delivering a significant boost to local businesses and tourism operators across the Whitsundays. The large-scale cruise operations supported activity across transport, tours, retail and hospitality, generating strong flow-on benefits for both small and large businesses … Read more
The Reserve Bank has raised the cash rate by 0.25 percentage points today, responding to inflation that remains above target and an economy that continues to run too strongly for the Bank to be confident price pressures will keep easing on their own. Inflation surged late last year and, while … Read more