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10 May 2024 13:07
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  •   Home > News > Business

    The travel bubble is a much bigger deal for our economy..

    The travel bubble is a much bigger deal for our economy..


    Two way, quarantine free travel between here and Australia starts next Monday.

    HSBC Chief Economist Paul Bloxam says it's going to be a key support for growth in New Zealand.

    He says Australians normally spend about 60 billion dollars on international travel every year

    Bloxam says you take 10 per cent of that and pushed it over to New Zealand it would be about one and a half per cent of our GDP -- which is a hefty amount.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     10 May: Facebook New Zealand's reporting its profit's jumped a third - for the year to December
     10 May: The Energy Minister says we're in for a tight winter
     10 May: A potential power outage is looming in the chilly air
     09 May: Big electricity users are confident they're doing their part to reduce power
     09 May: The Finance Minister is heralding the Government's success at belt tightening - ahead of the Budget
     09 May: The national grid operator wants to spend more than 30 million dollars to upgrade Hawke's Bay's Redclyffe substation - badly hit by Cyclone Gabrielle
     09 May: The Finance Minister has ruled out an austerity Budget
     Top Stories

    RUGBY RUGBY
    Former All Black Pita Alatini believes the governing body will need more than a black jersey to lure first five Richie Mo'unga back early from his Japanese contract with Toshiba, which ends in mid-2026 More...


    BUSINESS BUSINESS
    Facebook New Zealand's reporting its profit's jumped a third - for the year to December More...



     Today's News

    Christchurch:
    Details are emerging about Wednesday's fatal house fire near Canterbury's Burnham Military Base 12:47

    Entertainment:
    Susan Buckner has died at the age of 72 12:45

    General:
    A last chance looms for Olympic champion rower Emma Twigg to swing the oars at a Games 12:37

    Business:
    Facebook New Zealand's reporting its profit's jumped a third - for the year to December 12:17

    Rugby:
    Former All Black Pita Alatini believes the governing body will need more than a black jersey to lure first five Richie Mo'unga back early from his Japanese contract with Toshiba, which ends in mid-2026 12:17

    Entertainment:
    Kelly Rizzo has gushed over "handsome" and "understanding" boyfriend Breckin Meyer on his 50th birthday 12:15

    Entertainment:
    Tom Holland missed the Met Gala on Monday (06.05.24) after suffering a golf injury to the head 11:45

    Law and Order:
    Robert F Kennedy Jr says a worm 'ate a portion' of his brain, 'then died'. What can a brain parasite really do to a human being? 11:27

    Entertainment:
    Rihanna "loves" parenting her children 11:15

    Living & Travel:
    Hundreds of travellers are stuck in Vanuatu - after the national airline filed for insolvency on Monday 10:47


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