Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Benefit to NZ too important for centre to be further delayed

Benefits to New Zealand too important for centre to be further delayed

Auckland Airport today welcomed the release of the Auditor General’s report into the process for developing a national convention centre, saying that the release of the report marks another milestone towards the eventual completion of a much-needed national convention centre.

Chief Executive of Auckland Airport, Adrian Littlewood, said, “We hope that this report signals the start of genuine progress. The opportunity to gain a large-scale international-quality convention centre from private investment, with the significant benefits it brings to the country, does not come along very often. Despite the tourism industry calling for such a centre for well over a decade now, and despite the various positive business cases for such a centre put forward by the public and private sector, until now a financially viable option had not been identified.”

“Because Auckland and New Zealand do not have a conference centre of sufficient scale to attract the big international conferences, we lose many opportunities each year to the cities like Melbourne and Brisbane that do. That means New Zealand misses thousands of additional visitors and millions of dollars in economic benefit each time. This has been the case for far too long now,” said Mr Littlewood. “As New Zealand becomes increasingly connected to the rapidly growing economies of Asia, the need for an international scale convention centre will only increase.”

An international conference centre is a significant gap in the current tourism and trade infrastructure and proposition in New Zealand, and the development of such a facility will offer considerable economic benefits by attracting more, higher-value, visitors. In addition, it would enable some of the aspirational visitor economy goals contained in the new Auckland Plan and in the goals of Auckland Tourism Events and Economic Development.

Mr Littlewood said, “Convention visitors are amongst the highest spending visitors per night, spending 4-5 times as much per night as the average daily visitor spend. In addition, conventions help improve shoulder and off-peak tourism, and encourage business and trade links between New Zealand and international delegates.

“As a tourism destination New Zealand is competing in an exceptionally tough global market. As a relatively small economy, New Zealand does not have the ability to fund all the investment in infrastructure needed to accommodate our national growth and living standard aspirations. Increasingly, this means that essential infrastructure investments such as this will require some level of private and public sector engagement. The tourism industry has been waiting a very long time for a national convention centre,” said Mr Littlewood, “let’s not lose sight of the bigger picture.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news