Report: The Qantas Group’s impact on the Australian Economy

Published on 25th November 2015 at 10:06

Today we released a new report by Deloitte Access Economics, which summarises the Qantas Group’s impact on the Australian economy.

The report confirms that the Group’s role in driving economic activity, supporting jobs and promoting tourism is significant and extends across every state and territory in Australia.

Some of the key findings include: 

·         The Qantas Group’s overall contribution to the Australian economy was $21 billion in FY15 – this was made up of $11.4 billion of direct and indirect economic contribution and $9.5 billion of value-add to the tourism sector;

·         The Qantas Group’s economic contribution accounted for 0.7% of Australia’s GDP;

·         The Qantas Group supported over 61,000 Australian FTE jobs directly and indirectly – this is 0.6% of total employment in Australia; and

·         Over 1 in 9 jobs in the tourism sector and over 1 in 9 dollars in total value added to the tourism sector flows from expenditure by tourists travelling on the Qantas Group’s airlines.

These findings reflect the unique and important role that Qantas continues to play in Australian national life.

Read the full report here (opens in new window)