New Zealand's tourism boom is over, with warnings that growth could fall to zero over the next year and have a wide impact on the economy.

While tourism is still growing, the rate of growth has fallen sharply from 12 per cent two years ago to 2 per cent now, and the important Australian and Chinese markets are both down in the past four weeks.

Chinese arrivals in New Zealand have slipped sharply during the past year despite Chinese travel to other parts of the world - apart from the United States - continuing to soar.

The tourism sector has

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The outlook