SURFING has emerged as an X-factor in the Tweed Shire's economy, after the Gold Coast estimated the sport injected billions of dollars into the city each year.
A recent Surf Industry Development Report, which was a world first, found $2 billion in activity was attributable to the surfing industry on the Gold Coast, making it the city's third biggest industry.
The report estimated the sport generated up to a further $3 billion in output and created 21,760 employment positions paying $1 billion per annum in wages and salaries.
Jim Wilson, General Manger of Connecting Southern Gold Coast said the report showed the southern Gold Coast's economy relied heavily on its pristine beaches.
“That is why we all must respect and not tamper with what nature has created. We need our region to continue to offer up waves of excellence and consistency, as this is what the surfing industry and other businesses depend on to underpin the true surfing experience on the Gold Coast,” Mr Wilson said.
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Friday, October 9, 2009
The swell of surfing tourism
Posted by Chad Nelsen at 11:17 AM
Labels: australia, economic impacts, surf economics, surf tourism
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