Travel ban threatens QLD jobspocalypse

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Queensland Premier Annastacia Palaszczuk continues to face mounting pressure to open Queensland’s border to interstate tourists in time for the June school holidays. This comes as Palaszczuk has signalled that the state’s borders may not be reopened to interstate travellers until September.

The AFR reports today that Gold Coast hotels are facing a $6 billion wipeout and thousands of job losses if borders remain closed until September:

“We’re in a state of disbelief,” said Clarke, a Queensland hotel veteran of more than a decade. “The Gold Coast is one of the nation’s most popular tourism destinations, and we are haemorrhaging. Locking out domestic travellers until September is like putting a noose around the city’s neck. If you cut off the hand that feeds us, we’re done for.”

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.