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CWC boosts Oceania economy by A$1b+
30 Jun 2015 11:11
The economies of Australia and New Zealand benefited from A$1.1 billion ($843.59 million) in direct spending as a result of co-hosting the cricket World Cup earlier this year, according to a report released on Tuesday. The report, prepared by PricewaterhouseCoopers, said the tournament created the equivalent of 8,320 full-time jobs across the two economies and attracted 145,000 unique visitors to the host countries, mostly from Asia. "This was the biggest event in Australia since the Sydney Olympics in 2000 and it has changed cricket in New Zealand forever," tournament chief executive John Harnden said in a news release. "The cricket World Cup generated two million bed nights across the two countries and around $855 million in visitor spending, which is great for the tourism industries of both countries."
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