The maritime sector contributed over $20 billion to the Australian economy

The Australian Shipowners Association (ASA) engaged PricewaterhouseCoopers Australia (PwC) to assess the shipping industry’s contribution to the Australian economy and the potential economic impacts of tax policy changes.

The report has been prepared based on data sourced from publicly available information and based on modelling assumptions which are detailed in Appendices and throughout this report. The policy case in this report has been advised by the ASA. The economic impacts of the policy case include both a computable general equilibrium (CGE) model estimate[1] and the potential economic benefits based on an increase in shipping activity from overseas policy experiences.

The maritime sector contributed over $20 billion to the Australian economy