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

America’s Cup - knowing the cost of everything and the value of nothing
The AC75s captured the public's imagination (Image: BusinessDesk)
Paul McBeth
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...

More Opinion

The reasonable terms of the methane debate
Opinion

Adrian Macey and Dave Frame: The reasonable terms of the methane debate

Promoting methane reduction policies that would make the world warmer make no sense.

Hopium is not a strategy
Opinion

Dileepa Fonseka: Hopium is not a strategy

Unjustified optimism is everywhere, and it’s not helping.

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Cleantech: Burst bubble or our biggest opportunity?
Opinion

Peter Griffin: Cleantech: Burst bubble or our biggest opportunity?

A thriving cleantech sector could be NZ’s ticket to a sustainable, high-value economy.

Peter Griffin 02 Jul 2025