This summer is going to be hard on businesses -- despite things bouncing back
This summer is going to be hard on businesses -- despite things bouncing back
19 November 2020
New Zealand's economy rebounded strongly in the September quarter, with regional economies showing renewed strength as they get back on their feet.
Domestic tourism has been widespread -- with spending up in Thames, Taupo and Hawkes Bay.
But Infometrics Senior Economist Brad Olsen says the lack of international tourism is going to be a significant hit.
He says they're expecting the hit this summer, to be three times as hard as seen in the winter months.
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