Could same sex marriage be worth over $100m to NZ?

Stuff reports:

Huntley and Guzzardi are among 2000 same-sex couples predicted to make the journey to New Zealand to take marriage vows.

Australian Marriage Equality national director Rodney Croome said for same-sex couples with a “strong desire” to marry, New Zealand would become an obvious choice.

“The fact that it is geographically and culturally close to Australia will encourage a large number to go to New Zealand to marry,” Croome said.

The expected trans-Tasman travel plans of couples tying the knot may mean Australia’s economy loses out on millions of dollars in wedding outlays.

More than 1300 Australian same-sex couples have already travelled overseas to legally marry in other countries. Those include Spain, Argentina and the United States.

Croome believes at least that many will marry in New Zealand, where there is no residency requirement.

“We’re talking about at least a couple of thousand couples, and each of those couples is spending the average wedding spend – which in Australia is about $36,000. We’re talking about hundreds of millions of dollars,” Croome said.

2,000 extra weddings at $36,000 is $72 million. Of course on top of that, you may have lots in airfares. Air NZ could offer special flights and rates 🙂

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