Million tourists Minister’s aim
PA Wellington New Zealand must aim at a tourist market of one million visitors a year, said the Deputy Minister of Finance (Mr Templeton) at the week-end.
This was higher than the 8 per cent growth rate envisaged by the Tourism Advisory Council, he said, and would mean more beds than the 1875 extra needed by March, 1981.
Moves in last month’s Budget had made it easier for foreign capital to be invested in New Zealand’s tourist industry. Other countries, including both Australia and the United States, had developed and prospered through investment in large hotels which gave
opportunities for employment and the earning of tourist export dollars. “This Government has relaxed controls on overseas investment and will be seeking to ensure that our capacity to develop the tourist industry is expanded to the fullest extent.
“The extension of the new export incentives to tourism — as announced in the Budget — clearly demonstrates the Government’s intention of encouraging the development of tourism as a major earner of foreign exchange.”
Previous incentive schemes had been difficult to understand and hard to administer, Mr Templeton said.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19790719.2.87
Bibliographic details
Press, 19 July 1979, Page 10
Word Count
187Million tourists Minister’s aim Press, 19 July 1979, Page 10
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in