Superyacht industry takes off in Australia during the pandemic | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 78%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The superyacht sector has taken off on Australian shores during the pandemic with more than a few multimillion-dollar sales taking place at the Sanctuary Cove International Boat Show on the Gold Coast.

The expo is the largest of its kind in the southern hemisphere and typically brings in around $300 million for the Queensland economy every year.

Industry experts have said supply is outstripping demand for the first-time across the country since Australians are unable to travel overseas and this has caused prices to rise. The boat show has seen bumper crowds with around 50,000 people expected to cross through the gates during the four-day event which wraps up on Sunday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Apparently, the wealthy made too much money while ordinary people suffered during the pandemic.

Finally, news for the common people! Oh, wait ...

They should thank the people who pay taxes for them…….. oh that would be me … you are not welcome bludgers

all the 10's millions the wealthy got from Job Seekers rorts of of course they can afford 'superyachts'.

Filthy materialistic

Jobkeeper?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines