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Melbourne’s economy to gain $110M from Melbourne Cup and sold-out Oasis/Metallica concerts, boosting weekly spending by 70%.
Melbourne is set to see a $110 million economic boost from a rare convergence of the Melbourne Cup carnival and three sold-out concerts by Oasis and Metallica, with NAB forecasting a 70% weekly spending surge to over $270 million.
The events, drawing over 100,000 visitors, are expected to drive strong demand across hospitality, retail, and accommodation, reinforcing Melbourne’s status as Australia’s top event destination.
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La economía de Melbourne ganará 110 millones de dólares de la Melbourne Cup y de los conciertos agotados de Oasis/Metallica, aumentando el gasto semanal en un 70%.