Nick Hill: Auckland Unlimited CEO says he hopes Kiwis can see how pandemic affected America's Cup
Jul 20, 2021 ·
2m 33s
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Description
There are hopes New Zealanders can see just how much Covid-19 impacted the America's Cup. Analysis has found financially, New Zealand was almost $293 million worse off, but when net...
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There are hopes New Zealanders can see just how much Covid-19 impacted the America's Cup.
Analysis has found financially, New Zealand was almost $293 million worse off, but when net benefits are considered, the loss shrinks to $156 million.
The impacts of the pandemic, having fewer challengers and high public investment contributed to significant deficits.
Auckland Unlimited chief executive Nick Hill told Mike Yardley the global pandemic changed the nature of the whole event.
“I think everybody understands that the pandemic has changed everything economically and it’s had a huge impact right across the economy and society.”
LISTEN ABOVE
show less
Analysis has found financially, New Zealand was almost $293 million worse off, but when net benefits are considered, the loss shrinks to $156 million.
The impacts of the pandemic, having fewer challengers and high public investment contributed to significant deficits.
Auckland Unlimited chief executive Nick Hill told Mike Yardley the global pandemic changed the nature of the whole event.
“I think everybody understands that the pandemic has changed everything economically and it’s had a huge impact right across the economy and society.”
LISTEN ABOVE
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| Author | Rocco Zanni |
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