Posted 12/28/2023, 10:09:13 PM
Wellington Boxing Day Sales Drop While Wairarapa's Rise
- Wellington's Boxing Day sales fell 11% while nearby Wairarapa's rose over 8%
- The government's planned public sector job cuts may have made Wellingtonians more cautious about spending
- Wairarapa is attracting holidaymakers with good weather and cheaper options than places like Queenstown
- An economist pointed to looming public sector cuts and summer water restrictions as possible reasons for Wellington's drop
- But the Minister rejected linking low spending to public sector cuts, citing cost of living and mortgage pressures instead