16th March 2020 EconomyThe Reserve Bank has lowered Official Cash Rate is 0.25% from 1%, and it will remain at this level for at least the next 12 months.
11th March 2020 EconomyBusiness confidence fell in March to levels not seen since the 2008 Global Financial Crisis, according to the latest ANZ Business Outlook report.
7th February 2020 Economy / ReportTourism is now the West Coast’s biggest earner, according to economic consultants Infometrics.
27th January 2020 Aviation / EconomyRising prices for both international and domestic airfares were one of the main drivers behind a 0.5% increase to the consumer price index (CPI) in the December quarter, according to Stats NZ.
16th January 2020 Economy / ReportMany of the country’s tourist hotspots have seen weak growth in visitor spending, says the bank.
12th December 2019 EconomyThe New Zealand economy is experiencing a period of slower, but still solid, economic growth, according to Treasury’s 2019 half year economic and fiscal update.
28th June 2019 Economy / ReportThe performance of tourism is “a concern for the region”, says Westpac.
21st May 2019 Data / EconomyStrong growth in spending has outstripped the increase in visitor arrivals.
3rd May 2019 Economy / ReportThe potential of the sector in five of the country’s regions is highlighted in a new report.
5th March 2019 Economy / ReportThe sector is slowing but there are some bright spots, says the bank in its latest regional roundup.
1st March 2019 Data / EconomyThe world’s travel and tourism sector grew by 3.9% last year, second only to manufacturing, says a new report.
20th February 2019 Economy / ForecastThe bank’s chief economist expects only “muted growth” in the sector in the years ahead.
