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

 

Travel Bubble: 26% Of Kiwis Planned To Head Down Under

Ahead of the opening of the two way trans-Tasman travel bubble set to launch on 19 April 2021, financial research and comparison site Finder has some stats and commentary available looking at the appetite for international travel from Kiwis and Aussies.

Finder research has revealed that both Australians and New Zealanders are itching to get back on a plane again once international travel is permissible. Please see below for more information.

Stats:

  • A Finder survey of 2,001 New Zealanders in July 2020 revealed that 26% of Kiwis planned on taking advantage of a travel bubble with Australia when it became available.
  • Men are especially keen to head over to Australia with 30% planning to take advantage of the bubble compared to 22% of women.
  • A separate survey of 1,008 Australians in June 2020 revealed that 39% of Aussies – equivalent to 7.6 million people – were planning to book an overseas trip after the travel ban lifts.
  • At the time of the survey, a further 21% of Aussies said they weren’t interested in travelling internationally until there is a vaccine which is now a reality for more than 840,000 Australians who have now received the vaccine.
  • Data from Stats NZ shows that prior to COVID-19, the average spend from Aussie visitors was around $2,000 per person.


Commentary and tips from Kevin McHugh, Finder’s Publisher in New Zealand:

  • “The announcement of the trans-Tasman bubble is an exciting one for both Aussies and Kiwis alike.
  • “These figures show that the appetite for international travel has been long held by both nations throughout the pandemic.
  • “While many of us are excited to hop back on a plane and visit our friends across the ditch, the question of “what if...” still hangs over our travel plans.
  • “Prime Minister Jacinda Ardern has outlined three possible responses to cases being detected in Australia which provides some guidance to would-be travellers.
  • “Nevertheless the pandemic has taught us that it’s important to prepare for the worst case scenario when it comes to travel unfortunately.
  • “Be sure to make note of refund and cancellation policies for any of your bookings so you’re not left out of pocket in the event of an outbreak.
  • “It’s a good idea to screenshot these policies when you book in case they change before the time of your stay.
  • “Depending on your policy, taking out travel insurance can be a great way to safeguard your trip against COVID-19 related changes.
  • “Some travel insurers like AA Insurance and CoverMore do cover some COVID-19-related events, so it’s worth comparing your insurance options before stepping on the plane.”

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Government: Delivering Lower Card Fees To Business

Commerce and Consumer Affairs Minister David Clark has today announced the Government’s next steps to reduce merchant service fees, that banks charge businesses when customers use a credit or debit card to pay, which is estimated to save New Zealand businesses ... More>>

SEEK NZ Employment Report: April 2021

OVERVIEW OF APRIL 2021: STATE OF THE NATION: April, for the second consecutive month, saw the highest number of jobs ever advertised on seek.co.nz. Applications per job ad fell 9% month-on-month (m/m). SEEK job ads were up by 12% m/m. SEEK job ads were ... More>>

Commerce Commission: Warns Genesis Over Business Billing Errors

The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers. Genesis reported the errors to the Commission. The Commission considers that Genesis is likely to ... More>>

Stats: Lower Job Security Linked To Lower Life Satisfaction

People who feel their employment is insecure are more likely than other employed people to rate their overall life satisfaction poorly, Stats NZ said today. New survey data from the March 2021 quarter shows that 26 percent of employed people who thought ... More>>

The Conversation: The Outlook For Coral Reefs Remains Grim Unless We Cut Emissions Fast — New Research

A study of 183 coral reefs worldwide quantified the impacts of ocean warming and acidification on reef growth rates. Even under the lowest emissions scenarios, the future of reefs is not bright. More>>

The Conversation: Why Now Would Be A Good Time For The Reserve Bank Of New Zealand To Publish Stress Test Results For Individual Banks

Set against the backdrop of an economy healing from 2020’s annus horribilis , this week’s Financial Stability Report (FSR) from the Reserve Bank (RBNZ) was cautiously reassuring: the country’s financial system is sound, though vulnerabilities remain. More>>