Superyacht law changes a major boost for Cairns economy

Superyacht law changes a major boost for Cairns economy


BSE Cairns Slipways customer service manager Brian Keller told Tropic Now the city would reap the the benefits if the proposed legislation is enacted.

“Cairns is the gateway to the Pacific and this bill will give larger superyachts the certainty they need whilst cruising the waters of the Great Barrier Reef,” he said.

“More than 50% of superyachts are available for charter, so that’s a huge opportunity for our city. The equation should be that vessels cruise the Pacific, stay for longer and carry out repairs and maintenance whilst in the region.

“That means longer stays at marina’s, more opportunities for shipyards and agents, extra work for contractors and specialised trades, and more tour bookings.

“Importantly, it will also mean all facets of the supply chain such as fuel and provisioning will benefit.”

The Deputy Prime Minister is hopeful the bill will receive bipartisan support and be passed by the Senate this week.

 

 

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