Australians have stockpiled 123 million days leave

| March 31, 2009 | 0 Comments

A trend of Australians not taking their full annual leave has worsened following the onset of the economic downturn and, as a result, has collectively accrued 123 million days leave which amounts to AUS$33 billion in wages.

The Tourism Minister, Martin Ferguson, has revealed that he is currently considering spending the $900 stimulus payment in order to encourage breaks.

The Tourism Australia marketing campaign that has the slogan ‘No Leave, No Life’ is being used to encourage tourism authorities to communicate and urge employees to organise holidays to reduce the risk of stress, as well as supporting local industry.

The campaign focuses on supporting thousands of small businesses and the half a million jobs that are based in the tourism industry.

Domestic leisure tourism is worth AUS$46 billion to the Australian economy and this sector has fallen drastically over the last 12 months and has also lost out to overseas travel.

The Tourism Australia report revealed that annual leave stockpiling is a problematic issue for individuals, businesses and the economy.

However there is some better news as there are discounted deals on offer, as well as lower fuel prices and it is hoped this will translate to more Australians increasing their domestic spending, which together with the stimulus package can prop up the tourist industry.

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