Nick Hill: Auckland Unlimited CEO says he hopes Kiwis can see how pandemic affected America's Cup


Manage episode 297942068 series 2098285
By NZME and Newstalk ZB. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
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.”

7667 episodes