An interview with Neil Patchett from the Australian Boating Industry Association about the Sydney International Boat Show (3rd – 6th August, 2023)

In this episode of the Yacht Business Podcast, we preview the Sydney Boat Show. We talk about the state of the industry in Australia post-pandemic and look at efforts to make boating more sustainable. We also get into why getting out on the water makes us feel good and the benefits for society.

Bookmarks & Show Notes

• 01:07 – The 54th Sydney International Boat Show will be held in Cockle Bay and ICC next to the Sydney CBD from the 3rd to the 6th of August, 2023.
  
  
• 03:53 – Sailing will have a bigger presence at the boat show. A sailing and paddle hub will be part of the show with events and talks.
  
  
• 06:39 – What is the state of the boating industry post pandemic? Approximately 5 million people go boating every year. Licence numbers are up around 8%. Growth of licenses issued to women is up 17% year on year. The industry is worth AU$ 9.64 billion, employing more than 25,000 people and over 7000 contractors.
  
  
• 09:27 – What do the demographics look like? Are younger people still getting into boating? The growth will be supported by a focus on safety.
  
  
• 12:41 – Are boaters and the industry doing enough around sustainability? Perhaps not. But there is a sense that the boating industry needs to be seen as taking action so that policy is not dictated to them. Suzuki has announced outboards that collect microplastics. Teak decks are being replaced with Cork.
  
  
• 23:52 – Boating is good for you. Check out ‘The Blue Mind‘ by Wallace J. Nichols. It’s also good for business. The ultimate team building exercise and mental workout.
  
  
• 27:56 – What are you optimistic and excited about for the future? The value of boating is being recognised by government, leading to better infrastructure. And further into the future, the 2032 Olympic games.
  

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