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America’s Cup - knowing the cost of everything and the value of nothing

Paul McBeth
Fri, 23 Jul 2021

The AC75s captured the public's imagination (Image: BusinessDesk)
Paul McBeth
Fri, 23 Jul 2021
It’s odd that a nation like New Zealand, with its disdain for flashy displays of wealth, still rallies behind the extravagance of the America’s Cup.We don’t just like winners – we’ve been backing our well-heeled boys for decades in their dogged pursuit of the Auld Mug whether they win or lose.So it’s a bit rich to see the slew of headlines decrying the poor return on investment from the government and Auckland council funds that were poured into hosting the event.A handful of reports came out this week offeri...

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America's Cup
Not dead yet: Auckland's America's Cup dream
Pattrick Smellie | Fri, 24 Sep 2021

Reports of the death of Mark Dunphy's bid to keep The America's Cup in Auckland may prove premature, although events this week suggest CPR may be required.

Listed Companies market close
Pacific Edge up 6%; while index dips
Dan Brunskill | Fri, 24 Sep 2021

The NZX 50 index fell as its biggest stock, Fisher & Paykel Healthcare, fell 3.1% back towards its average price of $32 per share.

Retirement villages operate like 'quasi-Ponzi schemes'
Jenny Ruth | Fri, 24 Sep 2021

Retirement village residents' association claims the rule to get legal advice before signing a contract doesn't protect residents – and is used against them.

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Taking a demand-driven approach to carbon reduction will naturally bring us into line with government targets.

Kiwi security technology leading the world

Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.