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Auckland might not host the Cup


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#71 harrytom

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Posted 26 November 2017 - 04:20 PM

http://nzmarine.nzma...RT-Nov-2017.pdf

well if that report makes you think wow great.
Just have a read of what kiwis spend each year on boats/outboards fishing gear etc far out ways on per head than any AC and its on going,not just for a few years.


Totally independant no goverment interferrence,When it was presented to government dismissed straight away and seeked peer reveiwed

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The boss said "see you in the morning"didnt know he liked sailing

#72 harrytom

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Posted 26 November 2017 - 04:26 PM

And whats more what we have added to the GDP comes with additional no expense for infrastructure to any local body council

a Billion dollar industry that a handful 700th people generate each and every year
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The boss said "see you in the morning"didnt know he liked sailing

#73 MarkMT

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Posted 26 November 2017 - 07:48 PM

 

It's great that there's a specific industry organization that encompasses and represents those who'll benefit from the Cup. The government and Auckland City will know exactly who to bill for the cost of infrastructure and hosting. Good of them to put their hands up like this.


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#74 Priscilla II

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Posted 05 December 2017 - 07:51 PM

Jim has stepped up and called a spade a spade.

http://www.nzherald....jectid=11953679


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#75 Knot Me... maybe

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Posted 06 December 2017 - 09:49 AM

That's a big Ouch coming from Jim.

 

I think it's become pretty obvious if Emirates continue to push a hosting fee they will be shooting themselves in the foot with most NZers. The question is can they see that?


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#76 raz88

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Posted 06 December 2017 - 12:01 PM

Dalton spoke last night at a sponsors event last night at the squaddy, and while he didn't mention the fee he basically said that they were committed to hosting in Auckland and implied that some of the reports of looking at other locations were exaggerated.
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#77 Puff

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Posted 06 December 2017 - 08:55 PM

You don’t mess around with Jim
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"Never attribute to malice that which is adequately explained by stupidity"


#78 Knot Me... maybe

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Posted 22 December 2017 - 06:49 AM

Ouch, that's either very bad or somewhat coincidental timing.

 

MBIE error shows hosting America's Cup 'barely worth it'
http://www.nzherald....jectid=11964121


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#79 Willow

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Posted 22 December 2017 - 04:29 PM

Another sensationalist headline when in fact it is barely news. 

 

The last paragraph.

 

"MBIE added that the error did not affect its economic impact estimates for hosting the regatta in Auckland. It maintained that between 2018 and 2021 it would add between $0.6 - $1 billion in value add to New Zealand's economy and boost employment by between 4700 and 8300"


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Far better is it to dare mighty things, to win glorious triumphs, even though checkered by failure... than to rank with those poor spirits who neither enjoy nor suffer much, because they live in a gray twilight that knows not victory nor defeat.

Theodore Roosevelt

 


#80 MarkMT

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Posted 22 December 2017 - 08:03 PM

add between $0.6 - $1 billion in value

 

The way I understand it, that's not the key piece of information - in fact by itself it's kind of misleading since that's not net of the cost that has to be invested to produce that benefit.

 

The point of the article is that you have to spend something pretty close to that amount, potentially even more than that, to get that benefit - which is not exactly an economic miracle. And that money that has to come from somewhere (aka someone). And as far as I understand, the analysis (haven't read in detail) doesn't take account of the opportunity cost, i.e. what alternative benefit might be achieved by spending that money in completely different ways, including leaving it entirely in the private economy.

 

Tell me if I'm wrong.


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