Commercial banana-growing was introduced to the island in the late 1960s, but suffered a rapid decline due to wind damage, low prices, and inadequate shipping. The industry was revived in the late 1970s, but collapsed after New Zealand adopted Rogernomics and removed privileged market access. A tourism boom began in the early 1990s, with tourist numbers doubling to 10,000 visitors a year in 1994.
Commercial banana-growing was introduced to the island in the late 1960s but suffered a rapid decline due to wind damage low prices and inadequate shipping The industry was revived in the late 1970s but collapsed after New Zealand adopted Rogernomics and removed privileged market access A tourism boom began in the early 1990s with tourist numbers doubling to 10000 visitors a year in 1994