1 00:00:00,120 --> 00:00:01,640 Speaker 1: More good news on the tourism front. 2 00:00:01,760 --> 00:00:04,240 Speaker 2: Arrivals are up six percent in the year to October, 3 00:00:04,280 --> 00:00:05,760 Speaker 2: so we're getting very close to three and a half 4 00:00:05,840 --> 00:00:08,600 Speaker 2: million visitors, which means we are now at ninety six 5 00:00:08,640 --> 00:00:12,120 Speaker 2: and a half percent of pre COVID levels, So tantalizingly close. 6 00:00:12,360 --> 00:00:15,120 Speaker 2: Grant Webster is the CEO of Tourism Holdings Limited. 7 00:00:15,120 --> 00:00:16,400 Speaker 3: Morning, Grant, good morning. 8 00:00:16,480 --> 00:00:17,920 Speaker 1: Are you heartened by what you're seeing? 9 00:00:19,000 --> 00:00:21,680 Speaker 3: Oh? Very much? So. Yeah. Great for the economy, right, 10 00:00:21,760 --> 00:00:23,400 Speaker 3: and good for all the tourism industry. 11 00:00:23,600 --> 00:00:23,840 Speaker 1: Yeah. 12 00:00:23,960 --> 00:00:26,080 Speaker 2: Loads of assies coming over What is I mean, that's 13 00:00:26,120 --> 00:00:26,960 Speaker 2: basically a record. 14 00:00:27,000 --> 00:00:28,440 Speaker 1: What is it that they're loving over here? 15 00:00:29,760 --> 00:00:35,200 Speaker 3: I think we are a cheap destination relative to America 16 00:00:35,320 --> 00:00:39,800 Speaker 3: and other locations at the moment, plus some very strong 17 00:00:40,280 --> 00:00:41,560 Speaker 3: marketing from tourism usual. 18 00:00:42,440 --> 00:00:44,479 Speaker 2: Oh so, do you think it's that weird ad? I 19 00:00:44,520 --> 00:00:46,200 Speaker 2: can't remember what the ad was, but you reckon that's 20 00:00:46,200 --> 00:00:46,839 Speaker 2: paying off. 21 00:00:46,720 --> 00:00:50,400 Speaker 3: Is it? Yeah? Look, you spend in that market and 22 00:00:50,520 --> 00:00:55,120 Speaker 3: you get good airline capacity and watch what happens now. 23 00:00:55,240 --> 00:00:57,000 Speaker 2: China still seems to be a little bit of a 24 00:00:57,040 --> 00:01:00,440 Speaker 2: problem and we're around about half pre COVID level. Is 25 00:01:00,480 --> 00:01:02,440 Speaker 2: this just the new normal that we need? To get 26 00:01:02,520 --> 00:01:04,040 Speaker 2: used to the Chinese and not going to come back 27 00:01:04,080 --> 00:01:04,760 Speaker 2: in those numbers. 28 00:01:05,920 --> 00:01:07,360 Speaker 3: No, I don't think so. I think it's just a 29 00:01:07,360 --> 00:01:11,119 Speaker 3: matter of time. So it was a lot later start. 30 00:01:11,720 --> 00:01:14,240 Speaker 3: You know, we had a few things from a visa 31 00:01:14,319 --> 00:01:17,240 Speaker 3: perspective that we had changed in calendar twenty four. That's 32 00:01:17,240 --> 00:01:20,360 Speaker 3: been rectified by the government in twenty five. The latest 33 00:01:20,400 --> 00:01:24,280 Speaker 3: change with allowing Australia visas in certain situations to flow 34 00:01:24,319 --> 00:01:26,920 Speaker 3: through for Chinese makes a big difference. Table was a 35 00:01:26,920 --> 00:01:29,319 Speaker 3: bigger list actually, So I think I think we're on 36 00:01:29,360 --> 00:01:31,560 Speaker 3: the right track now for China and we'll get back there. 37 00:01:31,600 --> 00:01:32,520 Speaker 3: The numbers will get back there. 38 00:01:32,800 --> 00:01:36,240 Speaker 1: How how some are looking for you guys are busy as. 39 00:01:36,080 --> 00:01:39,160 Speaker 3: Yeah, really busy. So New Zealand will be somewhere around 40 00:01:39,160 --> 00:01:42,080 Speaker 3: twenty percent up in revenue over the summer period. 41 00:01:42,120 --> 00:01:43,840 Speaker 1: Great, yeah, brilliant stuff. Now. 42 00:01:43,880 --> 00:01:45,680 Speaker 2: I saw in the papers the other day you guys 43 00:01:45,720 --> 00:01:47,920 Speaker 2: are shutting down some manufacturing in Aussie and then you're 44 00:01:47,920 --> 00:01:49,840 Speaker 2: moving out over to Hamilton, which feels like the opposite 45 00:01:49,880 --> 00:01:51,440 Speaker 2: of what's happening in this country. 46 00:01:51,440 --> 00:01:52,400 Speaker 1: So what's brought that up? 47 00:01:54,560 --> 00:01:56,920 Speaker 3: I just mentioned before, Ozzies are coming here because we're 48 00:01:56,920 --> 00:01:59,520 Speaker 3: a cheaper destination where at the factors we're a cheaper 49 00:01:59,520 --> 00:02:04,680 Speaker 3: destination to manufacture, so our labor rates are cheaper, renters 50 00:02:04,800 --> 00:02:10,680 Speaker 3: cheaper dot dot dot so said reality for Australian manufacturing. Unfortunately, 51 00:02:10,720 --> 00:02:11,720 Speaker 3: the right thing for us to do. 52 00:02:12,120 --> 00:02:12,640 Speaker 1: Grant Listen. 53 00:02:12,639 --> 00:02:16,320 Speaker 2: Thanks very much appreciated, Grant Webster, CEO of Tourism Holdings Limited. 54 00:02:16,960 --> 00:02:19,240 Speaker 2: It was the everyone must go campaign, That's what it. 55 00:02:19,160 --> 00:02:22,480 Speaker 3: Was for more from the mic asking Breakfast Listen live 56 00:02:22,600 --> 00:02:25,520 Speaker 3: to news talks. It'd be from six am weekdays, or 57 00:02:25,560 --> 00:02:27,480 Speaker 3: follow the podcast on iHeartRadio.