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Australian Minister for the Environment and Heritage
Senator the Hon. Ian Campbell
6 September 2005
A report on commercial activities on the Great Barrier Reef Marine Park shows local industries are thriving and making a significant economic contribution to Queensland and Australia.
Australian Minister for the Environment and Heritage, Senator Ian Campbell, today released the report by Access Economics Pty Ltd which shows healthy economic activity associated with Great Barrier Reef industries for the 2004-05 financial year.
Commissioned by the Great Barrier Reef Marine Park Authority, Measuring the Economic & Financial Value of the Great Barrier Reef Marine Park focuses on three main sectors – tourism, commercial fishing, and recreational and cultural activity.
Other industry sectors in the Great Barrier Reef region are also addressed in the report.
Senator Campbell said the report shows our Reef industries are still thriving, contributing an overall gross product amount of $5.8 billion to the Australian economy in the last financial year and employing about 63,000 people. Tourism provides the overwhelming majority of this accounting for $5.1 billion and 54,000 jobs.
“This report is the first in a series of annual reports to be produced over coming years to monitor trends in the economic and financial value of the Reef,” Senator Campbell said.
“By looking after the Great Barrier Reef, we are continuing to support the lifestyle and livelihoods of Queenslanders and Australians.
“This is why the Howard Government has been so determined to continue to give environmental protection of the Reef such a high priority.” Senator Campbell said the Government had put in place a comprehensive and uncapped structural adjustment package to assist those impacted by the zoning and had approved more than $43 million in assistance to more than 500 businesses.
The report was prepared to inform the Reef’s monitoring plan – the Reef Water Quality Protection Programme – and to support the development of a Climate Change Action Plan.
The full report, Measuring the Economic & Financial Value of the Great Barrier Reef Marine Park, is available on the Great Barrier Reef Marine Park Authority website at www.gbrmpa.gov.au
Renae Stoikos (02) 6277 7640 or 0418 568 434