The funding adds to the AUD15 million Reconnect WA package announced in December 2021.

The Government of Western Australia (WA) has handed down its 2022-23 State Budget, announcing an increase of AUD31 million (USD22 million) in funding for tourism events. That includes AUD20 million for a new Major Events Fund, of which AUD5 million has been allocated for hosting business events.

Business Events Perth Chair Bradley Woods said the additional funding recognised the important role of business events in strengthening and diversifying the State’s economy and reviving the sector after a significant disruption.

“This funding boost is well-timed as we continue to secure lucrative business events to re-energise and rebuild the many venues and small businesses who are still struggling,” Woods said.

Tourism Minister Roger Cook said the increased funding would help secure lucrative business events not just for tourism impact, but also as a platform for economic diversification and promoting Western Australian expertise to the world.

“We have been spruiking the message around Australia and to the rest of the world that WA is open for business and tourism,” Cook said.

“This is the next stage in turbo-charging WA’s economic transition after the successful management of COVID-19 for more than two years.

“Business events bring business travellers to the State, promoting our diverse priority sectors and generating a direct economic return for local businesses.

“A revived programme of business events will help create an economic legacy beyond the value of initial tourism expenditure – helping us build towards a bigger, better Western Australia,” Cook added.

To find out more about the funding boost, see here.

Connect with the BEAM team via hello@untangledgroup.com and let us help you BEAM!

the BEAM team

Author the BEAM team

More posts by the BEAM team