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2021-01-18 GC - Item 3 - Attachment 4 - Cost Benefit Analysis for Noosaville Inundation Options
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Tourism benefits
Assumption Value Source
Tourism Research Australia 2018 - Local
Tourist visitation - day trip 1160000 Government Area profiles
Tourism Research Australia 2018 - Local
Tourist visitation - overnight 4470000 Government Area profiles
Tourism Research Australia 2018 - Local
Tourist expenditure - day trip $118 Government Area profiles
Tourism Research Australia 2018 - Local
Tourist expenditure - overnight $225 Government Area profiles
Dwyer et. al. 2005 - The economic impacts
Profit rate 17% and benefits of tourism in Australia
Reduction in tourism due to Assumed based on proportion of time key
10%
inundation under base case tourist areas are impacted
Reduction in tourism under
5% Assumed based on asset protection
option 1 (2070 onwards)
Reduction in tourism under
8% Assumed based on asset protection
option 2 (2070 onwards)
Proportion that will not visit
28% SGS, Value of Tourism to Noosa Community
other parts of Noosa LGA
Residential nuisance benefits
Assumption Value Source
Minutes of delay (based on most
road impacts being affected for 30 HydraLogic
mins, 89 times per year) 1068 minutes per year
Austroads guidance, ABS
Value of time $12.8/hour average weekly earnings
Population of affected areas
ABS Census data (2016)
(residential areas along foreshore) 1,900
REPORT | Noosa Shire Council CHAP – Phase 7 15
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