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The Guardian - AU
The Guardian - AU
Business
Daisy Dumas

Taylor Swift, Pink and Australian Grand Prix boosted national economic activity in March quarter

American singer songwriter Taylor Swift performing during the first night of the The Eras Tour in Australia at the Melbourne Cricket Ground, Melbourne
Australians bought more than 600,000 tickets for Taylor Swift’s Eras tour, generating some buzz for the economy which saw otherwise weak GDP growth. Photograph: Joel Carrett/AAP

It was a cruel summer for the Australian economy, but Swiftonomics delivered a small but welcome boost.

US superstar Pink’s tour and the Australian Grand Prix, held in Melbourne in March for the first time since 2019, were also singled out by the Australian Bureau of Statistics as boosts to national economic activity, after the latest gross domestic product data was released on Wednesday.

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