Taylor Swift to Bring Momentary Boost to Australian Economy
- Boost likely to be fleeting amid cost-of-living concerns
- Central bank governor aware of ‘Taylor Swift inflation’
Fans take photographs at The Taylor Swift Countdown Clock in Sydney, Australia.
Photographer: Lisa Maree Williams/Getty ImagesAs Taylor Swift kicks off her Eras tour in Australia on Friday, Genevieve Mylne will be among a legion of fans providing what’s likely to be only a fleeting boost to the economy. The 19-year-old student will spend around A$2,000 ($1,300) on tickets, flights and accommodation to watch the show twice in Melbourne and at least once in Sydney.
“I definitely wouldn’t spend this much on any other concert,” said Mylne, who’s put aside her wages as a gymnastics coach for the spending splurge. “I don’t feel that strongly about any other artist.”