Immigration and International Inbound Tourism †MyAssignmenthelp

Question: Discuss about the Immigration and International Inbound Tourism. Answer: Introduction The study highlights on the reforms in the Australias tourism sector. The tourism industry in Australia has developed over the last few decades. This industry has contributed to nearly 3.2% in the Australias GDP growth of the economy. In addition, the sector has offered as good platform for increasing the rate of employment of the nation (Amelung and Nicholls 2014). In 2015-2016, tourism sector has given employment to 580200 persons and thus increased by 4.6% from last period. This study highlights on how this sector contributes to the GDP growth of the economy and improved their economic performance. It also discuses about why the commission takes interest in changing the tourism industry. Furthermore, the economic analysis and the recommendation to the policyholders is also illustrated in this paper. Tourism sector has potentiality in attracting huge investment. Recent statistics revealed that the arrival of international visitors rose by 10% whereas domestic visitors increased by 9% in 2016. Thus, it generated export revenue by nearly $34 billion in 2015-2016 (Moyle et al. 2013). Moreover, this sector has gained success in drawing investment from the private sector in destination advertising. The fragmented behavior of this sector and increase in visitors spending compel the government needs in playing funding role in the industry. In addition, reforms in Australias policies of aviation and visa procedure have led to liberalization in the economy. Changing infrastructure investment by the federal government also benefits this industry. Moreover, advancement in digital platforms including Airnb enhances the experience of visitors. This is because this platform directly aids the visitors in short time booking of tickets. The Commission mainly takes interest in initiating any project related to international tourism in order to analyze the growth in this sector. They also evaluate the policies implemented by the government of Australia in order to avoid the growth barrier in future tourism policies. The commission takes notice in shortfall in infrastructure funding in order to attain higher revenue and improve its business growth (Seetaram 2012). They also concentrate on innovating new tourism infrastructure including national park in order to make it more attractive to the visitors. They also try to impede this sector in order to adapt with the changes according to visitors preference and advancement of digital technologies. They also assess market failures that is related to Australias international tourism. Economic analysis on the tourism sector in Australia Tourism industry is considered as the crucial economic activity as it increases the GDP growth and rate of employment in the nation. GDP (Gross Domestic Product) relates with the production of final goods and services in the boundary of the nation within a specified period. However, rise in GDP facilitates in stimulating the growth of the economy (Ruhanen and Shakeela 2013). Rate of employment measures the ratio of employed persons with respect to the total population. Economic role of tourism is mainly divided into three parts including induced, direct and indirect. The direct economic contribution involves commodities and other spending sources. In 2016, this sector directly contributed to 49.7bn in nations GDP and is predicted to increase by 4% in the year 2017 (Weiler et al. 2012) . The indirect economic contribution includes Australias government collective and investment expenditure. On the contrary, induced contribution involves the expenditure of employees in this industry. H owever, the economic contribution of this industry to the Australias GDP recorded to 10.9% in 2016 and is forecasted to rise by 11.0% in 2017. Australias tourism industry has contributed to 4.6% of employment in 2016 and is expected to rise by 0.9% by 2027 and as a result the unemployment rate reduced by 5.6% in 2017. Expansion of Australias tourism industry has put enormous stress on the demand for workers that includes skilled and semi skilled. This eventually increases pressure on commodities prices, which reduces the purchasing power. Therefore, this is referred to as inflation rate of the economy and is measured by CPI( Consumer price index). The rise in workers demand increases the real wages that imposes cost burden on this industrys profit. Thus, in order to attain higher revenue, this sector strategizes to raise its prices. Hence, this leads to decline in cost competitiveness of Australias tourism industry (Dredge et al. 2013). On the other hand, reforms in Australias tourism sector aids in enhancing economys trade. Moreover, Australias service trade in 2016 rose by 7.7% and this improved the economic performance of this nation. Recommendation to the keyholders regarding this issue Visa policy is one of the crucial government regulations that affects the tourism sector of each economy. As Australian government implements tougher international visa policies, it restricts the foreign visitors entry and lowers their spending (Chon 2013). However, the policy holders must liberalize visa policies for stimulating countrys trade. The performance of Australian tourism industry is also measured by the spending of international visitors. Recent statistics reflects that overnight spending of foreign visitors declined in 2016 from the last year. However, the key holders are recommended to monitor and report tourism progress regularly. Moreover, Australian government must implement proper strategy in order to improve their tourism framework. The policyholders are also suggested to expand skilled workforce in this industry for improving visitors service. They must also innovate new technology and integrate tourism plans for generating proper infrastructure in regional communities. They are also advised to crossly collaborate within every level of the government for driving industries reform. Conclusion It is concluded from the above report, Australian government adopts certain strategies in order to improve the growth of this industry. The strategies includes- tax restriction, developing tourism infrastructure. Austrade also plays a crucial role in tourism sector reform as it helps in assessing governments role and administering infrastructure programs. Moreover, tourism-marketing department focuses on indigenous advertising campaign in order to promote Australia as tourism destination. Therefore, reforms in the labor force of tourism, aviation connectivity and policies of visa procedure is recommended to the policyholders for attracting more visitors and boosting growth in Australian economy. References Amelung, B. and Nicholls, S., 2014. Implications of climate change for tourism in Australia.Tourism Management,41, pp.228-244. Chon, K.S., 2013.Tourism in Southeast Asia: A new direction. Routledge. Dredge, D., Benckendorff, P., Day, M., Gross, M.J., Walo, M., Weeks, P. and Whitelaw, P.A., 2013. Drivers of change in tourism, hospitality, and event management education: An Australian perspective.Journal of Hospitality Tourism Education,25(2), pp.89-102. Moyle, B.D., Weiler, B. and Croy, G., 2013. Visitors perceptions of tourism impacts: Bruny and Magnetic Islands, Australia.Journal of Travel Research,52(3), pp.392-406. Ruhanen, L. and Shakeela, A., 2013. Responding to climate change: Australian tourism industry perspectives on current challenges and future directions.Asia Pacific Journal of Tourism Research,18(1-2), pp.35-51. Ruhanen, L.M., Mclennan, C.L.J. and Moyle, B.D., 2013. Strategic issues in the Australian tourism industry: A 10-year analysis of national strategies and plans.Asia Pacific Journal of Tourism Research,18(3), pp.220-240. Seetaram, N., 2012. Immigration and international inbound tourism: Empirical evidence from Australia.Tourism Management,33(6), pp.1535-1543. Weiler, B., Moyle, B. and McLennan, C.L., 2012. Disciplines that influence tourism doctoral research: the United States, Canada, Australia and New Zealand.Annals of Tourism Research,39(3), pp.1425-1445.