New figures show April was a busy month for Gold Coast entertainment and accommodation providers.
With the Easter long weekend, and the ANZAC Day holiday, as well as school holidays, economy-wide spending across the country was able to rise by 0.5 percent.
Spending on amusement and entertainment went up 1 percent, and spending on hotels and motels went up 0.9 percent.
ARTICLE CONTINUES AFTER THIS ADVERTISEMENT
The strongest growth happened in Queensland, which was up 0.9 percent.
CommSec Chief Economist, Craig James, says the timing of the Easter long weekend and ANZAC Day is believed to have prompted more Aussies to take a longer holiday break this year.
“It’s helped drive continued growth in spending across the country – clearly a source of good news for the economy.
“Increased migration, a firmer housing market and the Easter/ANZAC Day holiday period seems to have underpinned spending in Queensland,” Mr James said.
Mr James goes on to say that the outlook is stable, now that the election is out of the way and other indicators look strong.