TikTok's proving to be a powerful tool for New Zealand businesses. 

A new Infometrics report shows the social media platform helped boost the local economy by an estimated $1.2 billion last year. 

It found more than 670 thousand New Zealanders are visiting restaurants and cafes or making other purchases after discovering them on TikTok. 

Infometrics Principal Economist Brad Olsen told Mike Hosking around 50% of businesses in New Zealand reckon they’re using TikTok in some way, shape, or form. 

Of that number, he says, around 15% don't do anything paid, instead just posting organic videos, which is a low cost but effective way to get in front of a whole bunch of eyes. 

LISTEN ABOVE 

TikTok's proving to be a powerful tool for New Zealand businesses.&nbsp;
A new Infometrics report shows the social media platform helped boost the local economy by an estimated $1.2 billion last year.&nbsp;
It found more than 670 thousand New Zealanders are visiting restaurants and cafes or making other purchases after discovering them on TikTok.&nbsp;
Infometrics Principal Economist Brad Olsen told Mike Hosking around 50% of businesses in New Zealand reckon they’re using TikTok in some way, shape, or form.&nbsp;
Of that number, he says, around 15% don't do anything paid, instead just posting organic videos, which is a low cost but effective way to get in front of a whole bunch of eyes.&nbsp;
LISTEN ABOVE&nbsp;

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The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Brad Olsen: Infometrics Principal Economist on the impact of TikTok on New Zealand's economy

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c039306b-af52-4498-a71b-b49401577ad7/transcript

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 28th of July, the first report on our national water infrastructure doesn’t paint a pretty picture, and the Government is considering extending the fuel subsidy amid unstable prices.  

Did you know councils around the country have an art collection worth $1.1 billion? And about two thirds of it isn't even on display? 

NRL boss Peter V'Landys discusses running the most successful sports competition on this side of the world, and what the future holds for the NRL. 

Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. 

LISTEN ABOVE 

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 28th of July, the first <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/sara-mcfall-water-services-authority-head-of-systems-strategy-and-performance-on-the-report-finding-severe-pressures-on-our-water-infrastructure/">report on our national water infrastructure</a> doesn’t paint a pretty picture, and the <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/shane-jones-associate-energy-minister-on-the-government-weighing-up-continuing-the-fuel-subsidy-amid-unpredictable-oil-prices/">Government is considering extending the fuel subsidy</a> amid unstable prices. &nbsp;
Did you know councils around the country have an <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/tania-tapsell-rotorua-mayor-on-the-report-that-finds-councils-are-sitting-on-11-billion-worth-of-art/">art collection worth $1.1 billion?</a> And about two thirds of it isn't even on display?&nbsp;
NRL boss Peter V'Landys discusses running the most successful sports competition on this side of the world, and what the future holds for the NRL.&nbsp;
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.&nbsp;
LISTEN ABOVE&nbsp;

Full Show Podcast: 28 July 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a857becd-0210-4d68-a795-b494015d6dfc/transcript

Rotorua's mayor believes councils are racking up hefty insurance bills looking after artwork in storage. 

A Taxpayers' Union report finds councils across the country are sitting on $1.12 billion worth of art. 

It finds more than 71 thousand art pieces are owned by local government, with only 33% of the works on public display. 

Mayor Tania Tapsell told Mike Hosking having it in storage is money on a balance sheet that could be invested elsewhere. 

She says the cost of insurance alone would be enough to deliver the hydro slides she wants for her community. 

LISTEN ABOVE 

Rotorua's mayor believes councils are racking up hefty insurance bills looking after artwork in storage.&nbsp;
A Taxpayers' Union report finds councils across the country are sitting on $1.12 billion worth of art.&nbsp;
It finds more than 71 thousand art pieces are owned by local government, with only 33% of the works on public display.&nbsp;
Mayor Tania Tapsell told Mike Hosking having it in storage is money on a balance sheet that could be invested elsewhere.&nbsp;
She says the cost of insurance alone would be enough to deliver the hydro slides she wants for her community.&nbsp;
LISTEN ABOVE&nbsp;

Tania Tapsell: Rotorua Mayor on the report that finds councils are sitting on $1.1 billion worth of art

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/aef0e83b-d50e-4455-be5b-b494015d8548/transcript

Queenstown's famous gondola and luge operator continues to reach new heights. 

Skyline Enterprises has reported revenue of $239.3 million, up 15%, while net profit more than doubled to $86.1 million in the year to March. 

International visitor numbers from its key markets have now surpassed pre-Covid 2019 levels. 

CEO Geoff McDonald told Mike Hosking the Iran conflict is influencing where people travel, and is helping New Zealand's shoulder season. 

He says there's a clear rise in the number of Americans coming through. 

LISTEN ABOVE 

Queenstown's famous gondola and luge operator continues to reach new heights.&nbsp;
Skyline Enterprises has reported revenue of $239.3 million, up 15%, while net profit more than doubled to $86.1 million in the year to March.&nbsp;
International visitor numbers from its key markets have now surpassed pre-Covid 2019 levels.&nbsp;
CEO Geoff McDonald told Mike Hosking the Iran conflict is influencing where people travel, and is helping New Zealand's shoulder season.&nbsp;
He says there's a clear rise in the number of Americans coming through.&nbsp;
LISTEN ABOVE&nbsp;

Geoff McDonald: Skyline Enterprises CEO on the company's net profits more than doubling in the year to March

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/adda3a90-58b0-4bb3-bb26-b49401503ce6/transcript

Brad Olsen: Infometrics Principal Economist on the impact of TikTok on New Zealand's economy

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