Trans-Tasman bubble no silver bullet for tourism

Trans-Tasman bubble no silver bullet for tourism
Air NZ can expect to face tough competition on the Tasman.
Paul McBeth
Two-way quarantine-free travel over the Tasman will help soften some of the harder blows hitting local tourism and travel operators, but analysts don’t expect it to be a panacea for the sector’s ills.Forsyth Barr and Jarden analysts expect to see some improvement in the fortunes of listed operators but aren’t upgrading stocks quite yet.That’s because while the travel bubble will provide a short-term earnings boost for firms struggling against the covid-19 pandemic’s impacts, competition will be tight and the realit...

More Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold
Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold

Wharekirauponga Underground is one of the Government's fast-track projects.

Greg Hurrell 12 Dec 2024
Card spending eases in November vs October
Retail

Card spending eases in November vs October

But there is cheer for the hospitality industry. 

NZers fear RBNZ's digital currency plan's privacy risks
Economy

NZers fear RBNZ's digital currency plan's privacy risks

The biggest concern about digital cash is the potential for Government control.

Rebecca Howard 10 Dec 2024
RBA set to keep rates steady while growth concerns linger
Finance

RBA set to keep rates steady while growth concerns linger

The central bank’s policy meeting is slated for Tuesday