2020-01-13 GC Agenda - Item 10 - Attachment 2 - The Value of Tourism to the Noosa Community October 2019 FINAL REPORT

                  Potential Benefits                                        Potential Negative Impacts
               associated with Tourism                                       associated with Tourism
                                                         Environmental
  •   Increased recognition, awareness and connection to          •   Potential for overuse of assets and/or encroachment
      key environmental assets/areas                                  of urban uses
  •   Potential for higher levels of taxes and revenue            •   Threats to natural resources, increased air and water
      streams, which can be channelled into preservation /            pollution and increased waste products
      conservation / beautification and regeneration.             •   Local impacts such as increased noise and litter
      |




Methods Used to Determine the Impact of Tourism on the Noosa
Community

Several methods were used to determine the impact of tourism on the Noosa Economy. The
methods are summarised here and a full description is provided in Appendix 3. Appendix 4
provides the survey instruments utilised for the study, and Appendix 5 outlines the
characteristics of respondents for each of the surveys conducted.

Determining Economic Impact and Value of Tourism

Prior to the commissioning of this report, Noosa Shire Council had various reports outlining
the economic impact and value of tourism in Noosa. A key component of this commission
was to review and consolidate this information and determine the current likely value of
Tourism for Noosa’s economy.

SGS Economics and Planning reviewed all available data and provided a clear description of
the value of tourism in Noosa. This included turnover, contribution to Gross Regional
Product, value added and employment. Data that was utilised included LUCID economics
reports (Noosa Economic Profile 2018 and Noosa Priority Industries); ID profile of Tourism
and Hospitality Value; and Tourism Research Australia (TRA) Local Government Profiles.

In addition to the value of tourism, this component of the commission considered the
impact of tourism on the local economy in comparison to other industries as well as to
Queensland. This included analysis of employment and value added for industries in Noosa
such that high-value industries could be identified.

The key findings of the report have been included here, and the full SGS Report is included in
the document The Value of Tourism to the Noosa Community, SGS Economics and Planning,
July 2019.




                                                          4