Destination NSW maintains a strong focus on financial performance, ensuring robust management and effective oversight of its resources.
The organisation is committed to transparent budgeting, efficient resource allocation and rigorous financial controls to enable the agency to invest in key initiatives that drive growth and enhance the NSW visitor economy.
Financial overview
Budget structure
Destination NSW is a NSW statutory body, established pursuant to the Destination NSW Act 2011 (the Act).
Destination NSW is consolidated as part of the NSW Total Sector Accounts and falls within DCITHS. This summary represents the financial performance for the year ended 30 June 2025.
Sources of funds
Total revenue for Destination NSW for the year ending 30 June 2025 was $305.1 million.
The main sources of revenue were recurrent government grants from DCITHS totalling $294.9 million, contributions received from industry and other parties of $8.5 million to participate in promotional activities, and other income $1.7 million.
