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Travel industry scrambles to gear up for return of more visitors

A battered travel industry is a shadow of its former self, with many smaller operators unable to survive more than two years of closed borders and lockdowns.

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Homeowners face rising mortgage repayments

James bought his first home just two weeks ago but is already facing higher repayments after the Reserve Bank raised the cash rate on Tuesday.

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Rental car prices expected to skyrocket as ski season braces for shortage

Geraden Cann05:00, May 01 2021 Scott Hammond/Marlborough Express A rental car shortage could see prices rise for Kiwi holidaymakers this ski season Heavily-reduced rental car fleets, the return of international tourists and a total lack of new cars for rental companies to buy is likely to lead to shortages and big price hikes, industry players say. Ezi Car Rental executive director Kevin Walker said the ski season would likely be the first point where shortages are felt, and he advised Kiwis to book well ahead to avoid being hit in the wallet. The rental shortage has already been felt around the Anzac holiday, with one rental company providing figures showing the price of a Toyota Corolla hatchback jumped from an average post-Covid cost of $65 per day for a five-day rental to $90 per day.

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