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International travel growth could unlock $380m in government revenue
['Jose Antonio']
Travel Weekly
International air passenger growth could lift annual government revenue by an additional $380 million by 2030, analysis by the Australian Airports Association (AAA) shows.
Less than half of PMC revenue is reinvested for its intended purpose in border management.
The funding would come from an estimated $380 million a year in extra revenue by FY2030, generated through international passenger growth alone, with no increase to the PMC for passengers.
Annual international passenger volumes are projected to grow around 23 per cent by 2030 compared to current levels.
“That’s why more investment now in modern, efficient border processing is so important.