The Australian government said on Sunday it will channel A$76 million ($52 milli...
MELBOURNE - The Australian government said on Sunday it will channel A$76 million to the tourism industry as recent heavy rains have dampened many of the monthslong bushfires, allowing the country to look to recovery.
“Our federal response to these devastating bushfires is comprehensive and unprecedented,” Prime Minister Scott Morrison was cited in a statement announcing the aid. The Australian Tourism Export Council, another peak tourism body, told the Australian Financial Review that the losses may go above A$4.5 billion by the end of the year.
Tourism has been an increasingly vital part of Australia’s economy, accounting for more than 3 percent of annual economic output.
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