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The economic impact of national parks in the NSW Far West region

The Far West region of NSW comprises the pastoral region extending over the western part of the State to the Victorian, South Australian and Queensland borders. The region covers approximately 38% of NSW, with a population of 45,000 people and contains some 25 national parks, nature reserves, state conservation areas, Aboriginal areas and historic sites. Around 109,000 visitors each year visit the Far West parks and reserves. Some 103,500 (95%) of these park visitors are tourists from other parts of NSW, Australia, or overseas.

Summary of findings

A 2006 study of the impacts of national parks on the NSW Far West region by the Centre for Agricultural and Regional Economics estimated the economic contribution resulting from OEH park management and from spending by park visitors who come from outside the region, as below.

 

Regional economic activity associated with...

 OEH expenditure (p.a.)Park visitor expenditure (p.a.)

Regional value-added activity

$6.25m

$6.1m

Household income

$4.02m

$2.55m

Employment

101 jobs

102 jobs

 

OEH expenditure contributes $6.25 million per year in direct and indirect regional value-added activity to the Far West regional economy each year. About $4.02 million a year of this comprises household wages and salaries. OEH expenditure directly and indirectly helps generate the equivalent of 101 jobs in the region.

Visitors to the Far West parks and reserves contribute $6.1 million per year in direct and indirect regional value-added activity, which includes $2.55 million income as household income. Visitor spending helps generate the equivalent of 102 jobs in the region.

OEH-managed parks and reserves in the NSW Far West region help generate the equivalent of approximately 200 local jobs.

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Page last updated: 10 June 2011