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24 Jul 2024 20:17
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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.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     24 Jul: An Auckland businessman's due in court today - accused of importing 133 vehicles with falsified documents
     24 Jul: Businesses continue to struggle with rising costs and low consumer confidence
     24 Jul: A rival of The Warehouse Group could play a crucial role in deciding whether a takeover goes ahead
     24 Jul: Acceptance that reviewing the way fees are charged for Paywave and online card transactions in New Zealand, is a positive for all
     24 Jul: The use of Class A drugs are on the rise across New Zealand
     24 Jul: Could moving into groceries save the Red Shed from the risk of extinction?
     24 Jul: The head of Retail NZ has stopped short of saying consumers are being ripped off by fees for PayWave and online card payments
     Top Stories

    RUGBY RUGBY
    Finding the balance between staying sharp and staying fresh has been the biggest focus for the Auckland Tuatara ahead of tonight's second semifinal in the National Basketball League More...


    BUSINESS BUSINESS
    An Auckland businessman's due in court today - accused of importing 133 vehicles with falsified documents More...



     Today's News

    Entertainment:
    Richard Simmons has been laid to rest in a private funeral 20:14

    Entertainment:
    Paloma Faith says people mistook her as "stupid" when she just lacks "pretension" 19:44

    Entertainment:
    Victoria Beckham wants to send Catherine, Princess of Wales a "pamper package" 19:14

    Business:
    An Auckland businessman's due in court today - accused of importing 133 vehicles with falsified documents 18:57

    Entertainment:
    Madonna's son David Banda has been "forced to scavenge for food" since moving out 18:44

    Accident and Emergency:
    Emergency services are responding to a collision between a motorcycle and car in Palmerston North 18:37

    Entertainment:
    Lucy Hale only "forgives" her ex-boyfriends when she needs to 18:14

    Health & Safety:
    Increased demand and staff illness has forced St John to ask some patients in Auckland and Waikato to get themselves to hospital 18:08

    Politics:
    Why students are risking their lives to take on the Bangladeshi government 18:08

    National:
    TikTok users are now using grassroots fundraising to help people in Gaza 18:08


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