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26 Feb 2026 11:11
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      Home > News > Business

    NZ Rugby CEO says further work needed to achieve sustainable model following $8.9m loss

    NZR CEO Mark Robinson says further work is needed to achieve a sustainable financial model following an 8.9-million dollar net loss for 2023 - the second loss in as many years


    Although spending was reduced from the year prior, a drop in broadcast and matchday revenue in a World Cup year saw income fall by three-million dollars to 268-million dollars.

    Domestic competitions and game development programmes remain the biggest NZR costs.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     26 Feb: Air New Zealand's feeling the squeeze of rising costs
     26 Feb: It feels like the golden days for dairy farmers - as they celebrate a record-breaking year
     25 Feb: Meridian says mother nature has come to party and helped turn their finances around
     25 Feb: Woolworths New Zealand's revenue has increased to 4.41 billion dollars
     25 Feb: Meridian's strong bounce-back in the second half of last year has renewed talk of hydro expansion
     25 Feb: Critical support's rolling out to at-risk regional airlines - with Golden Bay Air announced as a first loan recipient
     25 Feb: A sharp drop in alcohol production last year - although spirits had a small lift
     Top Stories

    RUGBY RUGBY
    A new role and an appointment at New Zealand Rugby as part of their high performance overhaul More...

    BUSINESS BUSINESS
    Air New Zealand's feeling the squeeze of rising costs More...


     Today's News

    		 International:
    Iceland to hold referendum on joining EU a decade after abandoning membership talks 11:07

     Accident and Emergency:
    Eight people have been taken to hospital after a crash in central Hawke's Bay this morning 11:07

     Basketball:
    Tall Blacks coach Judd Flavell is trying to progress Parker Jackson-Cartwright's basketball ambitions 10:57

     Entertainment:
    Thierry Mabonga has defended John Davidson after the campaigner's use of the N-word during the BAFTAs 10:51

     Law and Order:
    Two women will appear in court today - and a man next month - in relation to a reported shooting in Waikato's Te Kauwhata, north of Huntly 10:47

     National:
    How Peter Mandelson went from US ambassador to arrested over misconduct claims 10:37

     Politics:
    Australians urged to consider leaving Israel and Lebanon, as diplomats' families offered evacuation from Middle East 10:27

     National:
    How Russia is intercepting communications from European satellites 10:27

     Law and Order:
    The coach of a 25-year-old MMA fighter killed in an unprovoked attack, wants minimum sentences for similar coward punch attacks 10:27

     Entertainment:
    John Davidson has said he is "deeply mortified" after shouting a racial slur during the Bafta Film Awards 10:21

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