Tourism Australia has recorded Indian arrivals to Australia for the year-ended December 2018 that stood at 357,700 – a growth of 18 per cent over the previous year. India once again was named as the fastest growing inbound market for Australia. During the year-ended December 2018, Indian tourists spent A$ 1.7 bn (approx. Rs 8,300 crore) on their Australia trips, a growth of 21 per cent over the previous year. In fact, 2018 was the fifth consecutive year of double-digit growth, with arrivals and spend growing at a CAGR of 16 per cent and 19 per cent respectively over the 5-year period.