Crown contributes $1b to Australian economy, report shows

Crown Resorts has outlined its contribution to the national economy, with a new report showing it spent $1 billion a year on 3,882 suppliers across the country in FY2023. 

Of this, Crown spent $169 million with 662 businesses in Western Australia, the report showed. Aerial view of Crown Resorts complex highlighting the modern architectural design and surrounding landscape.

Prepared by Mandala Partners, the inaugural National Economic Contribution Report confirmed Crown, a CCIWA Corporate Member, as Australia’s largest hospitality employer and leading tourism provider. 

It found: 

  • Crown contributed $1.2b in Gross Value Added (GVA) to WA, made up of $700m in direct activity, $300m in indirect activity, and $200m through visitors 
  • Crown employed 8% of WA’s hospitality workforce and is the largest single-site employer in Perth 
  • Crown Perth recorded 7 million visits in FY23, equivalent to 1 in 5 of all annual visits to WA 
  • It contributed $140m in FY23 taxes in WA 

 Crown Resorts CEO Ciaran Carruthers said as Australia’s largest hospitality employer and one of the largest training providers in the country, Crown supported the employment of almost 30,000 people through direct and indirect engagement. 

“One in 10 Cert III graduates nationally have earnt their qualifications from Crown College, and we continue to inject thousands of trained workers into the sector to help close the critical skills gap,” he said. 

“Crown is renowned for its high-quality products and services, and we wouldn’t be able to maintain this standard without the support of our 3,900 small to medium suppliers. 

“I am proud that each year, Crown contributes $1 billion to these businesses through our supply chain – helping them employ thousands of people and sustain difficult economic conditions.” 

CCIWA Chief Economist Aaron Morey said: “Crown is a critical employer in WA, and is a key driver of our tourism economy. It’s trained generations of Western Australians and has been at the forefront of efforts to employ people with a disability.” 

To be part of WA’s peak business organisation, get in touch via 1300 422 492 or [email protected].  

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