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8 May 2021 9:17
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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.

    © 2021 Newstalk ZB, NZCity


     Other Business News
     08 May: Auckland's in the middle of a building boom with more than 17-thousand new homes completed across the city in the past two years
     07 May: A win for some private sector workers while the public sector gets rocked
     07 May: Cruise ship operators could be inching closer to starting up business again
     07 May: The dairy industry's pushing for New Zealand to be able to sell dairy products to the UK tariff free
     07 May: The chief of Southland's Tiwai Point aluminium smelter is moving on
     07 May: Investment in rail, trucks and shipping is necessary for efficient freighting around the country
     07 May: A warning drug traffickers are crafty - and will change their methods at the drop of a hat
     Top Stories

    RUGBY RUGBY
    Excitement is building in Christchurch today for the domestic rugby event of the year More...


    BUSINESS BUSINESS
    Auckland's in the middle of a building boom with more than 17-thousand new homes completed across the city in the past two years More...



     Today's News

    Entertainment:
    Ed Sheeran has agreed to sponsor Ipswich Town's football shirts next season 8:57

    Entertainment:
    Sharon Stone has described her infamous leg-crossing scene in 'Basic Instinct' as "ancient history" 8:27

    Sailing:
    Dan Wilcox and Paul Snow-Hansen's first international regatta in 18 months has resulted in a win 8:26

    Business:
    Auckland's in the middle of a building boom with more than 17-thousand new homes completed across the city in the past two years 8:16

    Living & Travel:
    Excitement is building in Christchurch today for the domestic rugby event of the year 8:06

    Entertainment:
    Leigh-Anne Pinnock feels "relieved" she can talk about her pregnancy now 7:57

    Soccer:
    Newcastle leads Leicester 2-nil at halftime in their Premier League football match 7:56

    Soccer:
    Wellington Phoenix coach Ufuk Talay can see the light at the end of the tunnel 7:36

    Rugby League:
    Roosters coach Trent Robinson's dished out a blistering attack on NRL officials following his side's 31-18 loss to the Eels 7:36

    Entertainment:
    Ellie Goulding has confirmed her son is called Arthur Ever Winter Jopling 7:27


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