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New Zealand business and tourism sectors see various shifts
New Zealand's business and tourism sectors are seeing various shifts. In the grocery sector, discussions continue regarding a potential split of Foodstuffs to reshape the $25bn market, with the National Party vowing a break-up subject to Commerce Commission oversight.
In tourism and hospitality, spending in the hospitality sector fell in August. Meanwhile, the tourism industry is monitoring proposed changes to the International Visitor Levy (IVL) under the National Party's reset, which would not require councils to use IVL funds as additional funding.
Aviation updates show improvements in Air New Zealand's punctuality and baggage handling. Additionally, the World Surf League has announced its return to Raglan in 2027.
Entities
Air New Zealand · Commerce Commission · Foodstuffs · National Party · Raglan