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29 Sep 2024 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.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     29 Sep: New Zealand exporters are making the most of our green reputation - to attract more global interest
     28 Sep: The Government's being urged to stop the push towards forestry, in the wake of the proposed closure of the Timaru meatworks
     27 Sep: A change in how farmers are using their land - is having flow-on effects for meat processing plants
     27 Sep: A Waikato farming company, director and farm manager have been convicted of unlawfully discharging dairy effluent
     27 Sep: KiwiRail's taking a financial hit, from falling freight volumes and weather-related outages
     27 Sep: Auckland Council has exceeded its saving goals - and put a record amount into assets
     27 Sep: Health NZ will be weighing up the two options for the new Dunedin Hospital
     Top Stories

    RUGBY RUGBY
    The All Blacks captain and Wallabies coach are both pointing to one moment from the 33-13 win by New Zealand in the capital More...

    BUSINESS BUSINESS
    New Zealand exporters are making the most of our green reputation - to attract more global interest More...


     Today's News

    		 Accident and Emergency:
    A missing snorkeller has been found dead by rescue crews in Kaikoura 7:47

     Soccer:
    Liverpool have moved to the top of the Premier League football ladder with a 2-1 win away over Wolves 7:37

     Rugby:
    The All Blacks captain and Wallabies coach are both pointing to one moment from the 33-13 win by New Zealand in the capital 7:27

     Rugby League:
    The Melbourne Storm will face the Penrith Panthers in the NRL grand final next Sunday after the latter secured a 26-6 victory over the Sharks in the second preliminary final in Sydney 7:17

     Environment:
    At least 66 people have died in flooding and landslides in Nepal 7:07

     Business:
    New Zealand exporters are making the most of our green reputation - to attract more global interest 6:27

     Rugby:
    It's been 23 long years - but the Wallabies are taking their second half revival in Sydney as proof they can beat the All Blacks on home soil tonight 21:56

     Rugby:
    All Blacks come from behind to beat Wallabies 33-13 in Bledisloe Cup in Wellington 21:37

     Rugby:
    The Wallabies might have slumped to 10th in the world rankings, but the All Blacks insist that memo has not passed their desks 21:16

     International:
    IDF responds to rockets being launched into Israel after surface-to-surface missiles fall in open areas — as it happened 19:57

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