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Josh Frydenberg to boost Australia’s cycling economy – The Australian Financial Review

Treasurer Josh Frydenberg is pumping up the tyres of the cycling economy, and will launch a new EY report on the power of the…

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According to EY, 4.62 million people ride a bike in a typical week and 10.19 million rode a bike in 2020. The economic contribution of cycling is on par with the thoroughbred racing industry and about three times motorsports.
Almost 6 million Australian…

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