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12 Feb 2025 7:55
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     12 Feb: A look into what may be in store for New Zealand's economy this year
     12 Feb: Uncertainty over how Donald Trump's new tarrifs will impact New Zealand industries
     11 Feb: Kendrick Lamar’s big Super Bowl moment
     11 Feb: Donald Trump says there will be 'no exemptions' to tariffs on steel and aluminium imports
     11 Feb: A boost for Christchurch airport's decarbonisation ambitions - with a new hydrogen testing facility unveiled
     11 Feb: Belief the Government could be doing an awful lot more to attract domestic dollars
     11 Feb: Auckland's property sales loss has become Queenstown's gain
     Top Stories

    RUGBY RUGBY
    All Blacks winger Caleb Clarke's intent on impacting rugby in his own way - after withdrawing from the Super Rugby Fantasy competition More...

    BUSINESS BUSINESS
    A look into what may be in store for New Zealand's economy this year More...


     Today's News

    		 Business:
    A look into what may be in store for New Zealand's economy this year 7:47

     Entertainment:
    'Anora's Sean Baker won the coveted Best Film prize at the Directors Guild of America (DGA) Awards on Saturday (08.02.25) night 7:42

     Law and Order:
    Sam Kerr found not guilty of racially harassing London policeman after calling him 'stupid and white' 7:37

     Health & Safety:
    Routine screenings for spinal muscular atrophy - will be on offer from today for all newborns 7:37

     Entertainment:
    Isla Fisher is "not ready to think about" dating again 7:12

     International:
    First Nations people experience higher rates of unmet housing needs, report finds 7:07

     Law and Order:
    An offender is still on the run with an unknown amount of money after the aggravated robbery of a Cash in Transit van in Auckland 6:57

     Entertainment:
    Chesney Hawkes struggles to understand the "hysteria" that comes with fame 6:42

     Christchurch:
    One person's died following a two-vehicle crash south of the Hanmer Springs turnoff, in Canterbury's Hurunui 6:27

     Entertainment:
    Denzel Washington "bit his tongue almost half-off" and is struggling to speak 6:12

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