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Tourism Satellite Account: Year Ended March 2020

  Total tourism expenditure was $41.9 billion, an increase of 2.4 percent ($1.0 billion) from the previous year. International tourism expenditure increased 2.2 percent ($371 million) to $17.5 billion, and contributed 20.1 percent to New Zealand’s total exports of goods and services. International student expenditure (studying less than 12 months) was $4.2 billion, an increase of 7.7 percent. Domestic tourism expenditure increased 2.7 percent ($629 million) to $24.4 billion. Tourism generate...
New Zealand Noel Leeming Group Commerce Commission Mediaworks Tv Ltd Discovery Inc Leeming Group

A September Spring Fling. Double-digit Growth Won't Be Repeated

Thursday, 17 December 2020, 1:37 pm Smaller slide, bigger bounce The Kiwi economy bounced back with a vengeance, recording a masssive 14% rebound in Q3, following the 11% contraction in Q2. This is as close as you get to a true V-shaped recovery. Output in all main industry groups rose over the quarter, led by construction and retail trade. But we haven’t recouped all activity lost over lockdown. We’re still down 2.2% on an annual basis. Around 95% of our economy is performing particularly...
New Zealand Noel Leeming Group Commerce Commission Mediaworks Tv Ltd Discovery Inc Leeming Group

Noel Leeming Group Warned For Making Delivery Representations Without Reasonable Grounds During COVID-19 Lockdown

Wednesday, 16 December 2020, 9:56 am Noel Leeming Group has been warned by the Commerce Commission for making delivery representations about two products which, in the Commission’s view, it did not have reasonable grounds for at the time the representations were made. The warning follows a Commission investigation after receiving over 100 enquiries about Noel Leeming Group (NLG). The enquiries were from consumers including those who had not received products within the delivery timeframes NL...
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