Roger Federer in action at the 2015 Australian Open
Media playback is unsupported on your device

Melbourne 2015: The net benefits of Grand Slam tennis

Every year hundreds of thousands of tennis fans arrive in Melbourne for the Australian Open, the first Grand Slam event of the year.

But does the local economy, including leisure outlets such as hotels and restaurants, benefit from the extra spending power of nearly 700,000 spectators?

Or does money spent on the event by the state government mean locals are losing out economically elsewhere?

Katie Beck finds out.

Read more about the Business of Tennis.

  • 19 Jan 2015
Go to next video: Serving up a tennis tech advantage?