The visitor economy was the recipient of $48 million of dedicated funding from this week's Federal Budget as part of the Australian Government's commitment to support tourism sector recovery, upskill workers, support quality tourism products and deliver infrastructure upgrades

The funding announcements included the following;
• Caravan parks - Funding over two years from 2022 to 2024 to assist caravan parks swiftly to upgrade or create new infrastructure and visitor facilities to enhance visitor experience, including improvements to accessibility. This program is expected to open in November 2022.
• The Hub - Provision of funding to the Accommodation Association of Australia from 2022 to 2026 to expand their online hospitality skills and training platform - 'The Hub'. This will strengthen the workforce and promote the hospitality and tourism industries as a career of choice.
• Quality Tourism Framework - The Australian Tourism Industry Council will be funded to enhance and improve the capability of the Quality Tourism Framework, an online platform that supports the ongoing growth and development of the nation's tourism industry.
• Reviving international travel - Funding will be provided through an industry-led targeted grant program to assist tourism business with activities that attract and drive visitors from key international markets to Australia, including regional areas.

 An additional positive announcement for the Visitor Economy was the provision of $22million in funding from 2022-23 to establish a Live Performance Support Fund to support eligible live event organisers affected by COVID-19.