Bankstown City CouncilEconomic profile

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Bankstown City

Tourism and hospitality value

In 2014/15 , the total tourism and hospitality sales in Bankstown City was $478.8m, the total value added was $198.5m.

Tourism and hospitality are key industries and major contributors to Australia’s economy. However it has not been well represented in economic profiles in the past, because it actually includes parts of many different traditional industries.

The Australian Bureau of Statistics publish the “Tourism Satellite Account” which is a separate set of national accounts which look at the value and contribution of tourism in the national economy.

This dataset presents National Economics microsimulation model of the tourism satellite account at the local level, showing the value of total sales and value add, as well as annual estimates of employment and FTE employment for the tourism sector.

Understanding the current role of your tourism sector is important if you are looking at attracting visitors to your area, and as information for businesses looking to locate in the area.Tourism data should be viewed in conjunction with broader industry data in the Value added, Output and Employment by industry (Total) topics, as well as tourism Workforce characteristics.

National Economics (NIEIR) - Modelled series

Value of tourism and hospitality
Bankstown City2014/152009/10Change
MeasureBankstown City% of total industryNew South Wales%Bankstown City as a % of New South WalesBankstown City% of total industryNew South Wales%Bankstown City as a % of New South Wales2010 to 2015
Employment (total)------------------
Direct1,654--4.71.01,954--4.81.2-300
Indirect513--1.60.9606--1.61.1-93
Total2,167--6.31.02,560--6.51.2-393
Employment (FTE)------------------
Direct1,521--4.61.11,856--4.71.3-335
Indirect729--2.31.0889--2.41.3-160
Total2,250--6.91.12,746--7.21.3-495
Output/Sales ($m)------------------
Direct273.6--2.91.0346.5--3.21.2-72.9
Indirect205.2--2.01.0259.9--2.21.4-54.7
Total478.8--5.01.0606.4--5.41.3-127.7
Value added ($m)------------------
Direct119.4--3.40.8141.7--3.51.1-22.2
Indirect79.0--2.30.893.8--2.41.0-14.7
Total198.5--5.70.8235.4--5.91.0-37.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2015-16 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Value of tourism and hospitality 2014/15
Value of tourism and hospitality 2014/15 Employment (total), New South Wales: 6.3% Employment (FTE), New South Wales: 6.9% Output/Sales, New South Wales: 5.0% Value added, New South Wales: 5.7%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Value of tourism and hospitality
Value of tourism and hospitality Value added - Indirect: $97.28 million Value added - Direct: $146.97 million Output/Sales - Indirect: $246.45 million Output/Sales - Direct: $328.52 million Value added - Indirect: $79.05 million Value added - Direct: $119.42 million Output/Sales - Indirect: $205.22 million Output/Sales - Direct: $273.56 million Value added - Indirect: $82.83 million Value added - Direct: $125.14 million Output/Sales - Indirect: $221.44 million Output/Sales - Direct: $295.17 million Value added - Indirect: $90.11 million Value added - Direct: $136.15 million Output/Sales - Indirect: $235.93 million Output/Sales - Direct: $314.50 million Value added - Indirect: $90.85 million Value added - Direct: $137.26 million Output/Sales - Indirect: $257.12 million Output/Sales - Direct: $342.74 million Value added - Indirect: $92.44 million Value added - Direct: $139.66 million Output/Sales - Indirect: $255.36 million Output/Sales - Direct: $340.40 million Value added - Indirect: $93.77 million Value added - Direct: $141.66 million Output/Sales - Indirect: $259.94 million Output/Sales - Direct: $346.51 million Value added - Indirect: $99.69 million Value added - Direct: $150.62 million Output/Sales - Indirect: $290.50 million Output/Sales - Direct: $387.24 million Value added - Indirect: $96.07 million Value added - Direct: $145.14 million Output/Sales - Indirect: $299.22 million Output/Sales - Direct: $398.86 million Value added - Indirect: $100.49 million Value added - Direct: $151.83 million Output/Sales - Indirect: $337.24 million Output/Sales - Direct: $449.54 million Value added - Indirect: $102.07 million Value added - Direct: $154.21 million Output/Sales - Indirect: $349.93 million Output/Sales - Direct: $466.46 million Value added - Indirect: $104.68 million Value added - Direct: $158.15 million Output/Sales - Indirect: $347.57 million Output/Sales - Direct: $463.32 million Value added - Indirect: $106.00 million Value added - Direct: $160.14 million Output/Sales - Indirect: $353.17 million Output/Sales - Direct: $470.78 million Value added - Indirect: $100.35 million Value added - Direct: $151.62 million Output/Sales - Indirect: $338.31 million Output/Sales - Direct: $450.97 million Value added - Indirect: $101.74 million Value added - Direct: $153.72 million Output/Sales - Indirect: $351.78 million Output/Sales - Direct: $468.92 million Value added - Indirect: $111.62 million Value added - Direct: $168.64 million Output/Sales - Indirect: $381.11 million Output/Sales - Direct: $508.02 million Value added - Indirect: $108.20 million Value added - Direct: $163.46 million Output/Sales - Indirect: $377.36 million Output/Sales - Direct: $503.02 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Tourism and hospitality employment
Tourism and hospitality employment Employment (total) - Indirect: 575 people Employment (total) - Direct: 1,854 people Employment (FTE) - Indirect: 816 people Employment (FTE) - Direct: 1,704 people Employment (total) - Indirect: 513 people Employment (total) - Direct: 1,654 people Employment (FTE) - Indirect: 729 people Employment (FTE) - Direct: 1,521 people Employment (total) - Indirect: 518 people Employment (total) - Direct: 1,672 people Employment (FTE) - Indirect: 743 people Employment (FTE) - Direct: 1,551 people Employment (total) - Indirect: 541 people Employment (total) - Direct: 1,746 people Employment (FTE) - Indirect: 777 people Employment (FTE) - Direct: 1,622 people Employment (total) - Indirect: 565 people Employment (total) - Direct: 1,822 people Employment (FTE) - Indirect: 813 people Employment (FTE) - Direct: 1,697 people Employment (total) - Indirect: 590 people Employment (total) - Direct: 1,905 people Employment (FTE) - Indirect: 864 people Employment (FTE) - Direct: 1,805 people Employment (total) - Indirect: 606 people Employment (total) - Direct: 1,954 people Employment (FTE) - Indirect: 889 people Employment (FTE) - Direct: 1,856 people Employment (total) - Indirect: 700 people Employment (total) - Direct: 2,259 people Employment (FTE) - Indirect: 1,024 people Employment (FTE) - Direct: 2,138 people Employment (total) - Indirect: 708 people Employment (total) - Direct: 2,285 people Employment (FTE) - Indirect: 1,048 people Employment (FTE) - Direct: 2,187 people Employment (total) - Indirect: 736 people Employment (total) - Direct: 2,374 people Employment (FTE) - Indirect: 1,098 people Employment (FTE) - Direct: 2,293 people Employment (total) - Indirect: 725 people Employment (total) - Direct: 2,339 people Employment (FTE) - Indirect: 1,093 people Employment (FTE) - Direct: 2,282 people Employment (total) - Indirect: 722 people Employment (total) - Direct: 2,330 people Employment (FTE) - Indirect: 1,106 people Employment (FTE) - Direct: 2,310 people Employment (total) - Indirect: 672 people Employment (total) - Direct: 2,168 people Employment (FTE) - Indirect: 1,041 people Employment (FTE) - Direct: 2,173 people Employment (total) - Indirect: 635 people Employment (total) - Direct: 2,050 people Employment (FTE) - Indirect: 979 people Employment (FTE) - Direct: 2,044 people Employment (total) - Indirect: 651 people Employment (total) - Direct: 2,101 people Employment (FTE) - Indirect: 996 people Employment (FTE) - Direct: 2,080 people Employment (total) - Indirect: 669 people Employment (total) - Direct: 2,158 people Employment (FTE) - Indirect: 1,013 people Employment (FTE) - Direct: 2,114 people Employment (total) - Indirect: 635 people Employment (total) - Direct: 2,048 people Employment (FTE) - Indirect: 984 people Employment (FTE) - Direct: 2,055 people
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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