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2 Mar 2026 6:26
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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.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     28 Feb: It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector
     28 Feb: The average Auckland ratepayer will be paying an average of 320 dollars more a year, if the council's annual plan passes
     27 Feb: Retail NZ says there could be complications created by new gift card rules
     27 Feb: Rocket Lab's continuing to thunder to new heights, posting a record revenue of 300 million New Zealand dollars in the last three months of 2025
     27 Feb: The figures showing the number of people crossing the Tasman may look worse than they actually are
     27 Feb: Queenstown's Millbrook Resort's had a record year for property sales, hotel stays, and golf rounds
     27 Feb: Air New Zealand's fresh focus is resetting the business - after hitting some financial turbulence
     Top Stories

    RUGBY RUGBY
    The Hurricanes have confirmed Brett Cameron has been ruled out for the rest of Super Rugby More...

    BUSINESS BUSINESS
    It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector More...


     Today's News

    		 International:
    Israel and US attack Iran live updates: Three US service members killed as Iran starts fresh wave of strikes 5:47

     Golf:
    A memorable eight days for the New Zealand Open golf champion 5:17

     Auckland:
    A man is still missing after being swept off the rocks in Auckland's West Coast, yesterday morning 4:47

     International:
    The US and Israel have struck Iran: Who has been killed? 4:37

     Environment:
    The first day of Autumn is bringing snow to the South Island 21:57

     Golf:
    Kiwi golfer Daniel Hillier is three shots clear of the chasing pack as the New Zealand Open heads to a finish in Queenstown 21:17

     Cricket:
    Black Caps coach Rob Walter has confessed he stuck to his book as his side's T20 World Cup future was up in the air 18:57

     Rugby League:
    Kalyn Ponga has steered the Newcastle Knights to a 28-18 NRL win over the Cowboys in the season opener in Las Vegas 18:37

     Law and Order:
    A Bali birthday and a mistaken murder: How shooting death of Melbourne father played out in court 18:17

     Education:
    'More than 100 children' dead in US and Israel strike on Iranian school, Iran says 17:47

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