Australia Could See a Nearly $1 Billion Economic Boost if Gay Marriage Passes

Image via Passport Magazine

Image via Passport Magazine

Australia could see a record $710,000,000 if the country legalizes gay and lesbian marriage. According to the ANZ report, businesses that cater directly for weddings would benefit the most, but that an increase of international travelers (and domestic travelers) will benefit the economy as a whole. Within the first 12 months, the country could see an additional $355,000,000 or more (the study’s authors called the estimate conservative).

An average wedding in Oz sets couples back $36k and that’s without a honeymoon.

The figure shouldn’t come as too much of a surprise for those in the know, figures have shown major boosts to countries and states that legalized gay marriage. [GSN]

 

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