Economics

20th December 2018 Data / Economics

ASB: Southland’s “transfixed tourists” help it top economic scoreboard

Southland’s tourism sector has helped push it to the top of ASB’s regional economic scoreboard for the third quarter.

6th December 2018 Economics

Booming tourism pushes NZ’s two-way trade to record high

Tourism has helped drive NZ’s two-way trade of goods and services through the $160bn mark for the first time.

27th September 2018 Economics / Forecast

Global tourism spend to offset “mixed NZ outlook” – Westpac

A strong global trend for more consumer dollars to be spent on tourism will help offset looming headwinds for the NZ sector, according to Westpac.

4th September 2018 Economics / Trade

Visitor spend helps push trade surplus up to $4.2bn

Spending by international visitors helped push New Zealand’s goods and services trade surplus up to $4.2bn for the June 2018 year, up $375 million from the previous year.

21st August 2018 Economics

Global growth, falling NZ$ means “more to come” for tourism – Westpac

Services exports such as tourism have become the country’s “quiet achievers”, says the bank.

21st September 2017 Economics

Tourism spurs services surplus to a record $1.3bn

New Zealand’s current account deficit narrowed to $1.6 billion in the June 2017 quarter, driven by $3.7 billion worth of spending by visitors from overseas.