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Sport scores goals for Aussie economy
Sport and recreation industries generated $12.8 billion in income and employed around 134,000 Australians in 2011-12, according to the Australian Bureau of Statistics (ABS).
ABS Director Andrew Middleton said that in addition to providing significant health and social benefits, sport and physical recreation has considerable economic importance, which is reflected in the latest household expenditure, production and international trade data.
“Australia exported over $358 million in sport and recreation goods in 2012-13, up 26 per cent from the previous year.
“We found that Singapore has become a major destination for exports of Australian sporting goods and services.
"The value of these exports to Singapore rose from $15.6 million in 2011-12 to $73.4 million in 2012-13”, said Mr Middleton.
Australian households spent over $8.2 billion on selected sport and recreation products in 2009-10. This included $4.4 billion spent on sports and recreation services (such as sports facility hire charges and health and fitness studio charges) and $2.9 billion on sports, physical recreation and camping equipment, including swimming pools.
Further details are in Value of Sport, Australia, 2013 (cat. no. 4156.0.55.002) which is available for free download from the ABS website (www.abs.gov.au).
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