By George Bains 06 Apr 2021
Back in January 2020, Superyacht Australia CEO David Good spoke to Superyachts.com about the potential to double the domestic superyacht industry on the back of the new Special Recreational Vessels Bill. Few could have predicted the challenges that would unfold around the globe shortly thereafter, yet just over a year later the vision for a thriving industry Down Under seems to have been realised in even the most difficult of situations.
Australia is experiencing a superyacht boom, with vessels attracted to Australia and its buoyant domestic charter market. Australians normally spend A$65B annually on international travel and with borders closed many superyachts have moved to Australia to offer a luxury alternative to overseas travel.