The Council of Capital City Lord Mayors (CCCLM) has completed the 2016 and 2017 research measuring the Australian night time economy.
CCCLM Chair, ACT Chief Minister Andrew Barr welcomed the results of the research, "Australia's city economies are the engine rooms of the nation, this research shows the increasing value that our residents, workers and visitors place on enjoying the varied and diverse activities and workplaces that are on offer around the country’s largest city centres".
The research demonstrates that the national night time economy continues to significantly contribute to the Australian economy as a whole, and between 2016 and 2017 the national night time economy out-performed the total Australian economy (3.4% compared to 3.1%). In 2017, the night time economy:
• Comprises of 106,000 businesses;
• Employs 1,087,000 people; and
• Generated nearly $127 billion in turnover.
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