Tourism - Leading New Zealand
23 June 2004 Tourism - Leading New Zealand
The Tourism Industry Association New Zealand (TIANZ) says the contribution of the TSA should not be underestimated in helping New Zealand maintain its competitive advantage in world tourism.
TIANZ notes the country’s increasing economic dependence on tourism. GST receipts alone contribute $1.2 billion annually and are growing at a rate of 9% per annum.
“This industry is paying its way. The government recently asked TIANZ where to invest in tourism and the answer is unequivocally into infrastructure.” says John Moriarty, Chief Executive, TIANZ.
“Public investment to support tourism is fully justified in a sector of the economy that is growing jobs, growing regional economies, and its visitors are directly contributing to revenues through GST.” says Mr Moriarty.