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Weaker dollar may boost domestic tourism

Posted October 8, 2008 15:00:00

The weakening of the Australian dollar could have a positive impact on Wide Bay's tourism operators.

The Australian dollar is trading around US 70 cents.

Bundaberg Region Tourism chief executive officer Simon Jacobs says that could prompt more Australians to holiday at home.

But he says the flow-on is unlikely to be noticed for some months.

"When the dollar was high it was an enticement to make overseas travel quite affordable and in the reach of most of the domestic population," Mr Jacobs said.

"[This] may have a different effect on them and keep Australians at home so they visit in their own backyard."

Tags: tourism, travel-and-tourism, currency-markets, bundaberg-4670

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