Stuart Nash predicts New Zealand will be a huge magnet for big-spending tourists, once they're freed from a Covid-19 lockdown.

The Tourism Minister has told industry leaders they should be targeting wealthy visitors - rather than the likes of freedom campers - as their priority for new tourism plans.

Nash told Mike Hosking Europe's high earners are looking enviously on our sports matches attended by thousands of spectators, and many natural attractions.

He says they'll want a piece of that,  and we must position ourselves for that pent-up demand.

Listen to the audio above as Stuart Nash and Mark Mitchell join Mike Hosking to discuss this, along with rising house prices and the Reserve Bank.