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7 Nov 2025 8:07
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     07 Nov: The country's largest electricity "gentailer" is welcoming changes to the Government's 200-million dollar co-investment in gas
     06 Nov: Assurance power is coming back on in the Far North, following an equipment failure's knocked out power for thousands of homes
     06 Nov: Labour Weekend - and weather - played a big role in consumer spending in October
     06 Nov: Air New Zealand's changing its pet travelling rules - restricting crate-size limits for smaller aircraft on regional routes
     06 Nov: New Zealand has outpaced Australia - in securing its own Michelin Guide
     05 Nov: The long awaited economic recovery could be beginning - with expectation unemployment's hit its peak
     05 Nov: The Reserve Bank says the country certainly isn't out of the woods, but our banks remain well placed to weather what comes next
     Top Stories

    RUGBY RUGBY
    An improving picture for All Blacks captain Scott Barrett and his hopes of playing again on the grand slam tour More...

    BUSINESS BUSINESS
    The country's largest electricity "gentailer" is welcoming changes to the Government's 200-million dollar co-investment in gas More...


     Today's News

    		 International:
    Andrew Mountbatten Windsor summoned by US Congressional panel for questioning over ties to Jeffrey Epstein 8:07

     Business:
    The country's largest electricity "gentailer" is welcoming changes to the Government's 200-million dollar co-investment in gas 7:57

     Environment:
    Inaction on 1.5C climate change target a 'moral failure', says UN Secretary-General at COP30 7:47

     Basketball:
    Breakers guard Izaiah Brockington has relished the challenge of defending against five-time NBL MVP Bryce Cotton in the 83-79 defeat to the Adelaide 36ers at Christchurch 7:47

     Entertainment:
    Diane Ladd has died at the age of 89 7:37

     Law and Order:
    The Police officer who led the investigation into the murder of Waimate man Anaru Moana is gutted his body hasn't been found 7:37

     Rugby:
    An improving picture for All Blacks captain Scott Barrett and his hopes of playing again on the grand slam tour 7:27

     Law and Order:
    Two off-license premises in the Central North Island town of Taihape have been caught selling alcohol to underage volunteers 7:17

     Entertainment:
    Grateful Dead singer Donna Jean Godchaux-MacKay has died aged 78 7:07

     Environment:
    Wellingtonians have reported being jolted in their sofas and beds last night - by a sharp 4.9 magnitude earthquake 7:07

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