The Minister for State Development outlines the economic benefits of events like Rally Australia to Western Australia, highlighting the significant financial impact and positive publicity generated through event tourism.

AnsweredQoN 874Legislative Assembly
Asked
9 April 2002
Member
Portfolio
State Development

QuestionView source ↗

I understand that the minister made an announcement today in my electorate regarding Rally Australia. Will the minister indicate to the House the benefits to Western Australia of events such as Rally Australia? Mr BROWN

AnswerView source ↗

I thank the member for Perth for the question. So far this year, events supported by EventsCorp have generated for the State some $35 million in economic impact. That figure does not include an analysis of the financial impact of the Johnnie Walker Classic. That was a very successful event, and I am sure that members opposite congratulate everybody involved for ensuring that that event will come back to Western Australia for a second year. It is a terrific event for Western Australia, and the economic impact for the State is envisaged to be about $8 million. Additional events will be held this financial year, including the Salomon Masters at Margaret River, and the World Karate Championships. Conservatively, in the financial year 2001-02, we expect the economic impact from these events to be in excess of $44 million. That is an excellent result. The method used to carry out the economic impact analysis has changed, and we are now using a more conservative indicator. Therefore, even if the figures for the past two financial years were the same, and we compared previous economic impacts with those produced today, our conservative formula means that the economic impact would be greater than experienced previously. Event Tourism is an important element in attracting visitors to Western Australia. It ensures that Western Australia is given the glowing publicity is needs around the world. At today’s launch of the 2002 Telstra Rally Australia, I was pleased to receive positive feedback from world-renowned drivers who participate in the event. I congratulate Telstra, which today confirmed that it will financially support the event for the next three years.
Mr BROWN replied: I thank the member for Perth for the question. So far this year, events supported by EventsCorp have generated for the State some $35 million in economic impact. That figure does not include an analysis of the financial impact of the Johnnie Walker Classic. That was a very successful event, and I am sure that members opposite congratulate everybody involved for ensuring that that event will come back to Western Australia for a second year. It is a terrific event for Western Australia, and the economic impact for the State is envisaged to be about $8 million. Additional events will be held this financial year, including the Salomon Masters at Margaret River, and the World Karate Championships. Conservatively, in the financial year 2001-02, we expect the economic impact from these events to be in excess of $44 million. That is an excellent result. The method used to carry out the economic impact analysis has changed, and we are now using a more conservative indicator. Therefore, even if the figures for the past two financial years were the same, and we compared previous economic impacts with those produced today, our conservative formula means that the economic impact would be greater than experienced previously. Event Tourism is an important element in attracting visitors to Western Australia. It ensures that Western Australia is given the glowing publicity is needs around the world. At today’s launch of the 2002 Telstra Rally Australia, I was pleased to receive positive feedback from world-renowned drivers who participate in the event. I congratulate Telstra, which today confirmed that it will financially support the event for the next three years.
I thank the member for Perth for the question. So far this year, events supported by EventsCorp have generated for the State some $35 million in economic impact. That figure does not include an analysis of the financial impact of the Johnnie Walker Classic. That was a very successful event, and I am sure that members opposite congratulate everybody involved for ensuring that that event will come back to Western Australia for a second year. It is a terrific event for Western Australia, and the economic impact for the State is envisaged to be about $8 million. Additional events will be held this financial year, including the Salomon Masters at Margaret River, and the World Karate Championships. Conservatively, in the financial year 2001-02, we expect the economic impact from these events to be in excess of $44 million. That is an excellent result. The method used to carry out the economic impact analysis has changed, and we are now using a more conservative indicator. Therefore, even if the figures for the past two financial years were the same, and we compared previous economic impacts with those produced today, our conservative formula means that the economic impact would be greater than experienced previously. Event Tourism is an important element in attracting visitors to Western Australia. It ensures that Western Australia is given the glowing publicity is needs around the world. At today’s launch of the 2002 Telstra Rally Australia, I was pleased to receive positive feedback from world-renowned drivers who participate in the event. I congratulate Telstra, which today confirmed that it will financially support the event for the next three years.
The method used to carry out the economic impact analysis has changed, and we are now using a more conservative indicator. Therefore, even if the figures for the past two financial years were the same, and we compared previous economic impacts with those produced today, our conservative formula means that the economic impact would be greater than experienced previously. Event Tourism is an important element in attracting visitors to Western Australia. It ensures that Western Australia is given the glowing publicity is needs around the world. At today’s launch of the 2002 Telstra Rally Australia, I was pleased to receive positive feedback from world-renowned drivers who participate in the event. I congratulate Telstra, which today confirmed that it will financially support the event for the next three years.

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