Business Daily Media

.

Border uncertainty could cripple Queensland’s economic rebound warns Accor

  • Written by Accor


With estimates that border closures are costing Queensland $17 million* a day, Accor Pacific, Australia’s largest hotel group, is calling for urgent action to save the ailing state.Simon McGrath, Chief Operating Officer for Accor Pacific, said: “The current border restrictions mean that Queensland will miss out on the summer dollar, a crucial period for local businesses, the economy and jobs.

Now is when people are booking visits for the next 3 to 6 months and if they don’t have certainty that Queensland will be open, then Queensland will miss the surge in travel and fall behind other states.

Queensland could go from leadership to last in the race for tourism. Many Australians love to visit Queensland and tourism annually contributes $25 billion to the Queensland economy and employs 217,000 Queenslanders (directly or indirectly).If Queensland misses this crucial booking window.

Business Reports

Work requirements don’t work for domestic violence survivors – but Michigan data shows they rarely get waivers they should receive for cash assistance

Denying waivers to survivors of domestic violence can hinder their independence from their abusers. Alvaro Medina Jurado/Moment via Getty ImagesThe Research Brief is a short take about interesting academic work.The big ideaVery f...

Getting Social Security on a more stable path is hard but essential – 2 experts suggest a way forward

No big Social Security reforms have taken effect since the Reagan administration.David Hume Kennerly/Getty ImagesSocial Security is in trouble. The retirement and disability program has been running a cash-flow deficit since 2010...

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency -- and be a serious contender against the US dollar

China and the U.S. compete to be the world's largest economy, but the dollar dominates the yuan as a currency.peng song/Moment Collection/Getty ImagesThe Chinese economy’s sheer size and rapid growth are impressive.China mai...