Member Login
Business Events Bid Fund Program changes welcomed
16 Aug 2019 | Media Release
Australian Chamber-Tourism, the peak body of Australia’s tourism organisations, welcomes changes to the Government’s $12 million Business Events Bid Fund Program announced today by the Minister for Trade, Tourism and Investment, Senator, the Hon Simon Birmingham.
Changes include:
- Lowering the number of international delegates confirmed for Association events from 500 currently to 400;
- Lowering the number of international delegates confirmed for Incentive events of a minimum value of $3 million from 1,000 currently to 700;
- Lowering the level of matched funds required from applicants from $100,000 currently to $50,000;
- Extending applications for event travel up to 30 December 2024.
“Business Events is a critical part of Australia’s visitor economy with over $13.5 billion in direct value added in 2013-14,” Australian Chamber-Tourism Executive Chair John Hart said.
“Changes made to the Business Events Bid Fund program will facilitate and support greater numbers of bids, particularly from smaller centres hosting conferences, exhibitions and conventions, increasing the number of business events in Australia.
“This will create flow-on benefits to small and medium business in regional centres, boosting visitation and spend as well as growing employment.
“Over 180,000 direct jobs were created by business events in 2013-14 and this number has grown rapidly over the past decade.
“These positive changes will go a long way in supporting organisations to attract new business events to Australia.”
Related News
Media Release | RBA Governor’s speech points the way
16/10/2020
The need to effectively deal with the health and economic impact of COVID as we learn to live with it and the recovery from the...
Domestic tourism campaign benefits from open borders
13/10/2020
Australia’s leading tourism business group, Australian Chamber – Tourism, has urged Australians to accept the invitation by Tourism Australia to Holiday Here This Year. The campaign...
ACCI endorses Senator Cormann for OECD
8/10/2020
ACCI strongly supports Prime Minister Scott Morrison's nomination of Senator Mathias Cormann to the role of Secretary-General of the Organisation for Economic Co-operation and Development. Senator...
Budget 2020: Energising Entrepreneurs
6/10/2020
A statement by ACCI CEO James Pearson Australian entrepreneurs will be energised by the unparalleled investment incentives announced in the Federal Budget tonight. For people...
Easing restrictions must go hand-in-hand with Federal Budget
6/10/2020
The needs of big-employing industries in tourism, hospitality and events must be front of mind in the run up to the Federal Budget tonight. “Prior to...
Wage subsidies will help reverse apprenticeship decline
4/10/2020
Today's Federal Government announcement of a 50 per cent wage subsidy for new apprentices and trainees employed from 5 October by any sized business should go a...
Travel Restart: Bring on the Kiwis
2/10/2020
The arrival of New Zealand passengers from October 16 without the need for quarantine in Australia is an exciting new turning point for business, trade and tourism after...
Time to scale up sector-competitive manufacturing
1/10/2020
Today's $1.5b investment in Australian manufacturing recognises the country's need to scale up our first-class research into industry competitive on the world stage. "What we have at present is a manufacturing sector that has...
Good time to upgrade our tourism treasures
1/10/2020
Today's announcement of $61.7 million in upgrades to Australia's natural and heritage assets will go a long way to help stimulate interstate visitation, with tourism operators...
Digital Business Plan will help create jobs
29/09/2020
The Federal Government's Digital Business Plan will help to create the jobs Australia needs and will set us on a stronger course for the recovery out of COVID-19, ACCI's Chief Economist Ross...
Regional tourism package much needed
27/09/2020
Australian Chamber – Tourism congratulates the Federal Government on the much needed Regional Tourism Recovery Package. In a week of announcements that have shown how...
Small biz owners win back control of their future
24/09/2020
Hundreds of thousands of small business owners facing insolvency due to the economic fallout of COVID-19 will be able to take back control of their future as...
Tourism dollars to boost South Australia
23/09/2020
The South Australian tourism sector will now be able to prepare for a more promising summer season following Premier Steven Marshall's decision to open the South Australian...
Tourism eyes $3.6B Aus-NZ travel bubble
18/09/2020
Prime Minister Scott Morrison's renewal today of plans for a travel bubble between Australia and New Zealand, coupled with an uptick in the international arrival caps,...
SA-ACT border opening not enough
15/09/2020
Australian Chamber Tourism calls on Premiers and Chief Ministers to do much more over the coming days to save tourism - today's border opening between...
New survey shows scarred manufacturing sector
15/09/2020
Excess capacity, weak investment and low profit expectations continue to hurt Australia's manufacturing sector as a result of COVID-19 restrictions, the latest survey of industrial trends...
Export scheme crucial in testing times for trade
10/09/2020
The Federal Government's reforms today of the vital Export Market Development Grants (EMDG) scheme will help counter some of the devastation wrought on small business exporters by...
Victorian Government should go back to the drawing board
8/09/2020
The Victorian Government's roadmap for reopening Metropolitan Melbourne uses excessive thresholds for easing restrictions and should be overhauled using the National roadmap as the basis,...
National framework must not be delayed
7/09/2020
Australia’s political leaders can reinvigorate the economy and save jobs by urgently following through on a national framework for COVID-19 agreed by a majority in National Cabinet today....
Restoring business & household confidence is key to recovery
2/09/2020
Lifting confidence in the economy is both the most important factor in supporting a recovery and the biggest challenge we face, according to Australia's largest...