Territory Stories

Budget 2011-12 Budget Paper No.3 The Budget

Details:

Title

Budget 2011-12 Budget Paper No.3 The Budget

Other title

Tabled paper 1279

Collection

Tabled Papers for 11th Assembly 2008 - 2012; Tabled Papers; ParliamentNT

Date

2011-05-03

Description

Tabled By Delia Lawrie

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C00042

Parent handle

https://hdl.handle.net/10070/277286

Citation address

https://hdl.handle.net/10070/424039

Page content

203 Territory Discoveries Business Line 2010-11 Estimate 2011-12 Budget $000 $000 Income 5 407 4 855 Holiday Sales 5 407 4 855 Expenses 5 589 4 720 Holiday Sales 5 589 4 720 SURPLUS(+)/DEFICIT(-) BEFORE INCOME TAX - 182 135 2011-12 Staffing: 43 Business Division Profile Territory Discoveries contributes to the Territorys economic growth by developing tourism products for sale to consumers in the domestic and selected international marketplaces. The core performance objective of Territory Discoveries is to increase the exposure of, and potential economic returns to, the Territorys tourism industry, particularly small to mediumsized operators. Strategic Issues for 2011-12 Economic Sustainability Reassess marketing initiatives to address the effect of current economic conditions on consumers domestic travel plans. Responding to shifts within the travel distribution network. Many traditional wholesalers are acquiring tourism aggregator businesses, particularly online aggregators, and some suppliers such as airlines are withdrawing their product from third-party online distribution sites entirely. Knowledge, Creativity and Innovation Engaging in social media networks and enhancing online booking capabilities in response to consumers rapid uptake of technology to plan and book travel. Budget Highlights for 2011-12 Economic Sustainability $0.58million for the development of small tourism businesses including sustainable Indigenous tourism experiences. Knowledge, Creativity and Innovation $1.7million to facilitate the way by which Northern Territory tourism experiences are easily purchased by consumers through provision of a call centre and online booking capabilities.