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

 

‘Tourist taxes’ put $7 billion at risk - TIA

‘Tourist taxes’ put $7 billion at risk - TIA

Tourism’s enormous contribution to New Zealand’s economy is highlighted by the $1 billion increase in international visitor spend announced today, Tourism Industry Association New Zealand (TIA) Chief Executive Fiona Luhrs says.

“The 16.4 percent increase in international visitor spend highlights the tourism industry’s importance to New Zealand – especially given that international arrivals for the same period were down one percent,” Ms Luhrs says.

The fact that fewer international visitors spent $1 billion more shows the industry is succeeding in its goal of maximising returns to the country from each visitor rather than simply increasing visitor numbers, she says.

However, those achievements will be put at risk if bed and airport taxes are imposed on travellers to fund a new Auckland sports stadium, she warns.

“The tourism industry is fully behind the Rugby World Cup 2011 and has an open mind on a stadium location. But we do not believe that international visitors should be asked to pay for a facility that will benefit New Zealanders in 2011. This will tarnish our international reputation,” she says.

“The international visitor spend figures show that visitors are already pouring billions into our economy. Forcing them to pay for a facility they will not benefit from risks making Auckland - and New Zealand - a less attractive destination.”

TIA Members from around the country have this week voiced absolute opposition to the bed and airport tax proposals, and TIA is urgently meeting with politicians and government officials to have the proposals taken off the table.

Key statistics about tourism:


Tourism is the world's fastest growing industry

New Zealand tourism arrivals have doubled in size since 1994 to 2.38 million

Forecast annual growth is 4% on average for at least the next five years

Tourism is New Zealand's single largest export sector and contributed $8.1 billion dollars to the economy in the year ended March 2004.

That is 18.7% of exports Domestic tourism contributes $9.4 billion to the economy each year

Tourism directly and indirectly employs 10 percent of the work force. That is one in 10 jobs in New Zealand.

Tourism represents 9% of gross domestic product and generates nearly $526 million in GST returns from international visitors each year.

Tourism is the only export sector whose international clients pay GST.

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Stats NZ: Largest Drop In Terms Of Trade In A Decade As Dairy Export Prices Sour

Lower export prices for dairy, meat, and logs in the September 2020 quarter led to the biggest drop in terms of trade since June 2009, Stats NZ said today. Export prices fell in the September 2020 quarter, down 8.3 percent from its highest ever ... More>>

ALSO:

Stats NZ: Election Boosts October Job Numbers

Job numbers were boosted by general election staff in October 2020, along with rises in the manufacturing, retail, and hospitality industries, Stats NZ said today. Filled jobs rose by 27,667 to 2.2 million in October 2020 compared with September, after ... More>>

Government: New Year Border Exception For Seasonal Workers In The Horticulture And Wine Industries

2000 additional RSE workers to enter New Zealand early next year employers must pay these workers at least $22.10 an hour employers will cover costs of managed isolation for the RSE workers RSE workers will be paid the equivalent of 30 hours work a week ... More>>

ALSO:


Media: Discovery, Inc. Completes Acquisition Of New Zealand’s Mediaworks TV Ltd

Auckland, New Zealand, December 1, 2020 - Discovery, Inc. (“Discovery”), the global leader in real-life entertainment, has completed its acquisition of New Zealand’s leading independent free-to-air commercial broadcaster, MediaWorks TV Ltd, now operating ... More>>

Department Of Conservation: Big Year Underway At Albatross Colony

Familiar faces are returning for the new season of Royal Cam, with a big breeding year underway for the toroa/northern royal albatross colony on Otago’s windswept Pukekura/Taiaroa Head. More than 120 albatrosses, a taonga species, have returned ... More>>

Real Estate: ASB Survey Reveals Majority Of Kiwis Expect House Prices To Keep Climbing

ALSO:

House price expectations are soaring as New Zealand’s housing market shifts up a gear. But stretched affordability is putting a dent in perceptions of whether it’s a good time to buy. While Kiwis reveal they do expect interest rates to fall further. ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>

ALSO: