International tourism continues its slow recovery to pre-Covid levels. 

Overseas visitor arrivals were at 3.23 million for the year to September, which is up on the same month last year, but well below 2019's almost 4 million. 

ASB Senior economist Mark Smith told Ryan Bridge that part of our struggle is that the global economy still recovering from Covid. 

He says the most important reason is that costs remain stubbornly high – New Zealand's a reasonably expensive destination, and airfares are still very high. 

LISTEN ABOVE 

International tourism continues its slow recovery to pre-Covid levels.&nbsp;
Overseas visitor arrivals were at 3.23 million for the year to September, which is up on the same month last year, but well below 2019's almost 4 million.&nbsp;
ASB Senior economist Mark Smith told Ryan Bridge that part of our struggle is that the global economy still recovering from Covid.&nbsp;
He says the most important reason is that costs remain stubbornly high – New Zealand's a reasonably expensive destination, and airfares are still very high.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Mark Smith: ASB Senior Economist on the international tourism figures remaining below pre-Covid levels

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/03cf0272-a7ad-462c-9d01-b2270172290b/transcript

The Government's taking a new approach to Public-Private Partnerships for infrastructure projects.  

There will be a reduced risk for private partners and guidance for agencies on how to lower the cost and time burden in the bidding process. 

Infrastructure New Zealand Chief Executive Nick Leggett was Mayor of Porirua, when a Public-Private Partnership was established to build Transmission Gully. 

He says it's good to see the Government embracing the model, alongside a method to compare PPPs for specific projects to other funding models. 

Leggett says it should be about finding the best funding model for value, not just prescribing PPPs for every project. 

LISTEN ABOVE 

The Government's taking a new approach to Public-Private Partnerships for infrastructure projects. &nbsp;
There will be a reduced risk for private partners and guidance for agencies on how to lower the cost and time burden in the bidding process.&nbsp;
Infrastructure New Zealand Chief Executive Nick Leggett was Mayor of Porirua, when a Public-Private Partnership was established to build Transmission Gully.&nbsp;
He says it's good to see the Government embracing the model, alongside a method to compare PPPs for specific projects to other funding models.&nbsp;
Leggett says it should be about finding the best funding model for value, not just prescribing PPPs for every project.&nbsp;
LISTEN ABOVE&nbsp;

Nick Leggett: Infrastructure NZ CEO on the Government's approach to public-private partnerships for infrastructure

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ebdeb1df-20b5-4987-84da-b2270170013a/transcript

60,000 Cantabrians are set to descend on the Canterbury A&P Showgrounds for the Christchurch Show. 

The three-day event kicks off today in place of the usual New Zealand Agricultural Show. 

The previous board had called it off due to financial struggles before local company, Event Hire came to the rescue in June. 

Director Phil Anderson told Ryan Bridge they're hopeful to turn a profit, although a show like this is costly. 

He says this event in particular has been a strong learning curve, with heavy amounts of infrastructure required. 

LISTEN ABOVE 

60,000 Cantabrians are set to descend on the Canterbury A&amp;P Showgrounds for the Christchurch Show.&nbsp;
The three-day event kicks off today in place of the usual New Zealand Agricultural Show.&nbsp;
The previous board had called it off due to financial struggles before local company, Event Hire came to the rescue in June.&nbsp;
Director Phil Anderson told Ryan Bridge they're hopeful to turn a profit, although a show like this is costly.&nbsp;
He says this event in particular has been a strong learning curve, with heavy amounts of infrastructure required.&nbsp;
LISTEN ABOVE&nbsp;

Phil Anderson: The Christchurch Show Director on the event kicking off today

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/936ab133-90b8-4b5b-9e8f-b22701606e30/transcript

Joe Biden has welcomed Donald Trump back to the White House in a meeting in the oval office.  

It's a traditional courtesy that the outgoing president welcomes the incoming president, a courtesy Trump didn’t afford Biden in 2020 after his loss.  

Today, the pair both spoke about a smooth transition of power.  

US correspondent Mitch McCann told Ryan Bridge there were a lot of smiles and handshakes. 

He says it was a little unexpected, seeing as they usually seem to despise each other.

LISTEN ABOVE 

Joe Biden has welcomed Donald Trump back to the White House in a meeting in the oval office. &nbsp;
It's a traditional courtesy that the outgoing president welcomes the incoming president, a courtesy Trump didn’t afford Biden in 2020 after his loss. &nbsp;
Today, the pair both spoke about a smooth transition of power. &nbsp;
US correspondent Mitch McCann told Ryan Bridge there were a lot of smiles and handshakes.&nbsp;
He says it was a little unexpected, seeing as they usually seem to despise each other.
LISTEN ABOVE&nbsp;

Mitch McCann: US Correspondent on Joe Biden welcoming Donald Trump back to the White House

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7fb582ca-1933-4af2-970f-b2270147b987/transcript

Mark Smith: ASB Senior Economist on the international tourism figures remaining below pre-Covid levels

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