MasterCard Papers - Reserve Bank of NZ Payments Analysis

MasterCard Papers - Reserve Bank of New Zealand Payments Analysis

The August 2011 edition of the MasterCard Papers is available here.

Research commissioned by MasterCard and undertaken by the Centre for the International Business of Sport on the impact of RWC 2011 estimates that by the end of the decade, consumer expenditure in the New Zealand sports economy could be worth up to $1.2 billion. That same study estimated that potential increases in tourism, capital inflow into the region around sport and business developments that will result from RWC 2011 to be $1.44 billion. So, in this month’s MasterCard Papers, we use RBNZ and Statistics NZ numbers to look at how spending levels just prior to RWC kick off were affected. In short, there are some surprising results...

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