2789 episodes
- Retail spending's taken a dive - but Black Friday could provide a much-needed boost.
Electronic card spending fell for a third consecutive month in October - with core retail spending down point eight percent on last year.
It coincides with record fuel prices - which Retail NZ says is eating into household budgets.
Chief Executive Carolyn Young shares her thoughts with Ryan Bridge
See omnystudio.com/listener for privacy information. René de Monchy: Tourism NZ CEO on the September arrivals number, growth in the Chinese market
12/11/2026 | 2 mins.A huge rebound from one tourist market, with a strong September result.
Stats NZ data shows overseas arrivals soared to 273 thousand, 4% higher than the pre-pandemic record set in September 2019.
Australia, America, and China are among the markets with the biggest jumps.
Tourism NZ Chief Executive René De Monchy told Mike Hosking they're pleased by the results overall, but particularly the Chinese market.
He says there's been a real turnaround, as a year ago it wasn't growing particularly well.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.- As business owners, you know how hard it is keeping up with your business, let alone the news. Join Wilhelmina O'Keeffe each week as she gives you a rundown of the biggest stories that could impact your business, so you can make informed decisions with expert advice.
This week, We’re still grappling with the election hangover, and overhang - so how are businesses coping with the uncertainty? Retailers rely on Black Friday sales for a boost after spending takes a dip, and the Reserve Bank gets more heat for choosing to hold the OCR.
See omnystudio.com/listener for privacy information.
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