![Sports need better government funding](https://media.businessdesk.co.nz/file/c_fill,h_393,w_700,q_100/NRL-getty.webp)
Brian Gaynor: Sports need better government funding
Compared to New Zealand sports, it's raining money at all levels of Australian sports. So why are our professional teams losing out?
![Debt – the root cause of financial distress](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/GettyImages-financial_distress_debt_stress.webp)
Brian Gaynor: Debt – the root cause of financial distress
The high level of mortgage debt means every percentage point rise in interest rates takes $3.3 billion out of the economy.
![NZ King Salmon – swimming against the tide](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/SALMON-GETTY.webp)
Brian Gaynor: NZ King Salmon – swimming against the tide
Four decades of stock exchange exposure have shown that salmon ranching and farming are risky, particularly when they're affected by climate change.
![Passive or active investment funds?](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/INVESTMENT-FUND-GETTY.webp)
Brian Gaynor: Passive or active investment funds?
Unlisted passive funds and ETFs have given investors a wider range of investment opportunities, although there's no conclusive evidence in NZ that they outperformed active funds.
![KiwiRail – falling off the tracks, again](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/Greg-Miller-Hi-Vis-Supplied-small-x.webp)