Tātaki pins hope on Moana Auckland’s economic tsunami
With the Moana NZ festival expected to generate $27m in GDP, Auckland’s economic and cultural agency hopes new event could help fill coffers despite reduced council events budget.
Moana Auckland, New Zealand’s Ocean Festival, is expected to become a flagship event for the city.
What’s at stake: Reinvigorating Auckland’s events scene and regional economy after the loss of the America’s Cup and conclusion of major one-off events.
Background:Tātaki Auckland Unlimited has announced the ocean festival Moana Auckland, forecasted to bring in $27m in GDP.
Main players:Tātaki Auckland Unlimited, Chris Simpson, Marine Industry Association, Peter Busfield, Auckland, Ngāti Whātua o Orākei.
New Zealand’s new ocean festival Moana Auckland is part of a plan to reinvigorate the region’s economy and roster of owned events, following the loss of the America’s Cup to Barcelona and the completion of one-off major events such as the football and rugby world cups.
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Key points
What’s at stake: Reinvigorating Auckland’s events scene and regional economy after the loss of the America’s Cup and conclusion of major one-off events.
Background:Tātaki Auckland Unlimited has announced the ocean festival Moana Auckland, forecasted to bring in $27m in GDP.
Main players:Tātaki Auckland Unlimited, Chris Simpson, Marine Industry Association, Peter Busfield, Auckland, Ngāti Whātua o Orākei.
