Christopher Luxon
Prime Minister
Minister, Ministerial Services
Minister, National Security and Intelligence
Ka nui te mihi kia koutou. Kia ora and good afternoon, everybody. It’s good to see you all. As you see, I’m here today with our Tourism and Hospitality Minister, Louise Upston, to follow up on the Government’s announcement of yesterday of significant additional support to put New Zealand on the stage for top-quality major events.
Aside from what happened on the field here in Wellington on Saturday night, I’m told the capital city was abuzz over the weekend with lots of Springboks and All Blacks supporters in town for that match. The hospitality, retail and tourism sectors would have felt it all, irrespective of the outcome. It was a similar result in Eden Park the week before and that’s the benefit of major events. We’ve seen it with big concerts in Auckland, 14 shows in three years generating $33 million for the local economy, and we also know that lots of Kiwis will go to Australia for concerts and shows, and I’d rather New Zealand fans were spending their discretionary income here in New Zealand than Australia. Better still, I’d rather Australians were spending their money in New Zealand for special events.
So the point of our new package is that we’ll be able to compete with states like Queensland to host A-list events. Those will attract visitors who will spend in hospitality, retail, and our tourism sectors, increasing jobs and opportunities and incomes for Kiwis. Economic growth is the aim of the policy, and the aim of this Government.
As I’ve been saying, there’s a bit of a two-speed recovery going on, with many of the provinces showing a real sense of optimism and benefiting from strong dairy prices and resurgent tourism, but in Auckland and Wellington things are a bit slower and the impact of lower interest rates are taking a while to ripple through. When people hunker down, hospitality, retail and tourism sectors all feel it.
I’m confident that in the months ahead, the country will experience an increase in growth and with it an increase in confidence. Rising exports, having inflation under control, lower interest rates, regulatory relief, and infrastructure investment will support economic growth and jobs. The Government is happy to give economic growth a push where we can and that’s what the major events package is all about. Following the announcement yesterday, I saw the head of Eden Park say he’d be on the phone to promoters yesterday afternoon to get things going immediately.
As you’ve seen with this Government, our job is to clear the obstacles so that people and businesses can get on and create opportunities. Where there continues to be obstacles to major events, we’ll look at what we can do, just as we have in other sectors like resource management, supermarkets or construction. Let me hand over to Louise to share a little bit more detail about the announcement today.