Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


America’s Cup Already a Winner for New Zealand

America’s Cup Already a Winner for New Zealand

Minster for the America’s Cup Trevor Mallard and Minister of Tourism Mark Burton are welcoming the results of a new study, which already shows a multi-million dollar windfall to the New Zealand economy from the build-up to the 2003 America’s Cup Defence.

“Over the 2000-02 period extra spending is estimated to have reached $73 million, generating $65 million in added value to the national economy,” Trevor Mallard said.

“There’s also excellent news on the jobs front. Between 2000 and 2002 an estimated 1470 full-time job equivalents have been created mostly in construction, commercial accommodation and hospitality, marine services, retail, entertainment and transport, ” said Trevor Mallard.

“The America’s Cup is already a winner for New Zealand—and the defence hasn’t even started yet,” Trevor Mallard said.

Minister of Tourism Mark Burton said he was focussed on making the most of the enormous potential for overseas marketing provided by the defence.

“The America’s Cup is an ideal opportunity to show our country to the world. The implications for tourism are virtually unlimited.

“Tourism New Zealand is taking full advantage of this global attention to enhance international interest in New Zealand as a sophisticated, year-round destination.

“Viewers from all over the world will have the chance to see the vast array of world-class products, activities and cultural events New Zealand has to offer.”

The America’s Cup 2000 was estimated to have generated $640 million in added value to the economy nationwide, including $473 million in Auckland.

The economic impact assessment was prepared for the Ministry of Tourism and is available on

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf: What Does Winston Peters Want His Legacy To Be?

A lot of people in New Zealand seem to resent Winston Peters and the power that he appears to have. “Appears” being the operative word. In reality, Peters will have power only up to the point that he uses it.

By next week, he’ll have become just another junior player in an MMP governing arrangement, battling to hold onto the gains he was promised. More>>


Rising Toll: Road Safety Needs To Be A Higher Priority

Official advice released to the Green Party under the Official Information Act shows that the previous National Government dismissed an option to make road safety its most important transport priority after being told the road toll was rising. More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>


Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>


Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>


Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>


Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>




Featured InfoPages

Opening the Election