The falling Aussie dollar=boost for international tourism?

As the Aussie dollar falls below 95c for the first time in over 6 months the relative cost of coming to Oz is dropping for people oversees…but how do we make use of this tourism and additional skilled workforce?

At this week?s tax forum in Canberra Trade Minister Craig Emerson called for a “third phase” of economic reform to boost national productivity. These reforms could come in the form of tax concessions and a change in the depreciation regime for hostels…this would write off hostels quicker than the current period of 25 years.

More of the story here: http://www.smh.com.au/business/steel-tourism-sectors-push-for-tax-breaks-at-forum-20111002-1l3t1.html

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