SA major events $40 million budget boost
THE South Australian 2018-19 Budget has revealed it will provide $21.5 million over four years to increase event bid funding to enable the state to secure more major events and conventions.
“The best way to illustrate our state’s tremendous assets is through continued investment in top class events and conventions, which is exactly what we’re doing in this State Budget, with $40 million of funding allocated to the Major Leisure Event Bid Fund and the Convention Bid Fund over the next four years,” said David Ridgway, SA Minister for Trade, Tourism and Investment.
The budget also provides $4.9 million to support the hosting of major events, along with an additional $10 million in 2019-20 to invest in marketing SA as a tourism destination.
Ridgway added that the marketing budget would go towards “tourism opportunities from emerging international markets like China, while maintaining our traditional strong markets of the UK, Europe, the US and New Zealand”.