Our enlightened mother in law policy is paying off.

 

Legalising same sex marriage has been highly lucrative for New Zealand with Australian same sex couples spending more than A$550 million tying the knot here, according to the Daily Mail.

In 2011 New Zealand became the first Pacific nation to allow gay and lesbian couples to wed.

Australia is yet to legalise same sex marriage.

About half of the same sex couples who married in New Zealand in 2016 were from overseas, the Daily Mail reports, with 58 per cent of them coming from Australia.

In 2016 alone 270 Aussie couples wed in New Zealand, according to an ANZ Bank report which put the cost of the ceremonies at about AU$550 million.

ANZ senior economist Cherelle Murphy told the Daily Mail that Australia was definitely missing out on business because same sex marriage was still illegal in the country.

“We’re probably also losing wedding-related consumption to overseas destinations.”

Last year 483 Kiwi same sex couples and 473 same sex couples from overseas got married or had a civil union in New Zealand.

It’s actually not a joke.  It’s understood that the Pink Dollar is a very profitable market segment.  By legalising same-sex marriage, a whole range of products and services have found a larger market.

 

– Daily Mail via NZ Herald


Do you want:

  • Ad-free access?
  • Access to our very popular daily crossword?
  • Access to daily sudoku?
  • Access to Incite Politics magazine articles?
  • Access to podcasts?
  • Access to political polls?

Our subscribers’ financial support is the reason why we have been able to offer our latest service; Audio blogs. 

Click Here  to support us and watch the number of services grow.

As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.

32%