Expenditure & investment

Insights on infrastructure, performance, trends and opportunities for visitor economy growth.

Westpac Tourism Expenditure Monitor

The Destination NSW Westpac Tourism Expenditure Monitor was developed in a collaborative partnership between Destination NSW and Westpac.

The Monitor was designed to complement the National Visitor Survey, which is published quarterly by Tourism Research Australia. The Monitor data is reported by tourism region (geographical areas managed by the Commonwealth Government for research and reporting purposes) and provides top-level monthly reporting on tourism expenditure in NSW, including:

  • The number of visitors to a region – defined as those who reside greater than 50km from the region
  • The number of transactions undertaken by visitors
  • The value of visitor spending.

This report includes information for the period January 2021 to June 2021, including monthly data and quarterly time-series data. All data is de-identified and aggregated and it is managed securely and responsibly. The appendices offer guidance on how to interpret information.

Latest release

  • Westpac Tourism Expenditure Monitor: June 2021

Tourism Investment Monitor 2022-23

The Tourism Investment Monitor reports on the number and value of significant projects in Australia’s tourism investment pipeline in 2022-23. It focuses on arts and recreation, aviation and accommodation projects.

Key results for NSW:

  • NSW accounted for 26% of all tourism investment, the largest share of any state or territory.
  • There are 81 projects in the NSW pipeline valued at $14.3 billion, an increase of $0.2 billion compared with 2021-22.
  • The highest amount of the investment went to the aviation sector ($5.6 billion).
  • Arts, recreation and business services investment was $5.3 billion.
  • Accommodation sector investment was $3.4 billion.
  • Regional investment was $1.4 billion (up from$1.1 billion in 2021–22).

Source: Tourism Research Australia (February 2024)

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Archive

  • Westpac Tourism Expenditure Monitor: May 2021
  • Westpac Tourism Expenditure Monitor: April 2021
  • Westpac Tourism Expenditure Monitor: March 2021
  • Westpac Tourism Expenditure Monitor: Feb 2021
  • Westpac Tourism Expenditure Monitor: Jan 2021
  • Westpac Tourism Expenditure Investment Monitor: December 2019