K4309 257 Posted April 16 Share Posted April 16 28 minutes ago, CarpeDiem said: To me, it feels unintelligent to conclude, that because we don't know why gravity works we shouldn't trust the science behind counting dolphins. Others may conclude that because there is 15,000 of them, one yacht race isn't going to cause their instantaneous extinction. ;-) Quote Link to post Share on other sites
CarpeDiem 430 Posted April 16 Share Posted April 16 5 minutes ago, K4309 said: Others may conclude that because there is 15,000 of them, one yacht race isn't going to cause their instantaneous extinction. I think that would be an opinion not a conclusion. A school teacher once told me that opinions are like arse holes, everyone has one. 1 Quote Link to post Share on other sites
Priscilla II 392 Posted April 16 Share Posted April 16 1 hour ago, Black Panther said: Tell us who said this and when and what was being referenced. Meanwhile I do agree with Brian space could well be infinite. Oh to be a fly on the wall at this meeting of minds. https://www.theguardian.com/science/2024/apr/14/worlds-top-cosmologists-convene-to-question-conventional-view-of-the-universe 1 Quote Link to post Share on other sites
Priscilla II 392 Posted April 16 Share Posted April 16 30 minutes ago, aardvarkash10 said: perhaps this might assist those afflicted types talking of gravity, dolphins and hoops... 3 Quote Link to post Share on other sites
aardvarkash10 959 Posted April 16 Share Posted April 16 While we are applying science, here's some from the dismal science. SailGP is estimated to have generated a nett economic benefit to Christchurch of about $1m. Nett local and national government contribution to the event was approximately $2.05m. So a nett $0.50 of benefit for every $1 invested. Yes, it generated an estimated $4m of activity, but half of that was money from govt - in other words govt paid people to go and spend. "Fresh Info said the estimated net benefit to the city - which measured the gross benefits minus the gross costs of hosting the event - was more than $1m. By comparison, last August's All Blacks vs Argentina rugby test match in Christchurch delivered a net benefit of about $700,000, while Six60's stadium concert brought in about $755,000." It would seem that other events have a far higher ROI - neither the rugby nor Six60 where underwritten by government grants. Quote Link to post Share on other sites
K4309 257 Posted April 16 Share Posted April 16 13 minutes ago, aardvarkash10 said: While we are applying science, here's some from the dismal science. SailGP is estimated to have generated a nett economic benefit to Christchurch of about $1m. Nett local and national government contribution to the event was approximately $2.05m. So a nett $0.50 of benefit for every $1 invested. Yes, it generated an estimated $4m of activity, but half of that was money from govt - in other words govt paid people to go and spend. "Fresh Info said the estimated net benefit to the city - which measured the gross benefits minus the gross costs of hosting the event - was more than $1m. By comparison, last August's All Blacks vs Argentina rugby test match in Christchurch delivered a net benefit of about $700,000, while Six60's stadium concert brought in about $755,000." It would seem that other events have a far higher ROI - neither the rugby nor Six60 where underwritten by government grants. Oh neat, Lies, Damn Lies and Stats. so what you are saying is that SailGP had 30% greater economic benefit than the All Blacks and Six60... Quote Link to post Share on other sites
aardvarkash10 959 Posted April 17 Share Posted April 17 1 hour ago, K4309 said: Oh neat, Lies, Damn Lies and Stats. so what you are saying is that SailGP had 30% greater economic benefit than the All Blacks and Six60... no, what I am saying is that the rugby and six60 each produced 75% of what the SailGP did with 100% less govt funding. Taking it further, they produced that at one-day events, so on a pe- day basis they actuially exceeded SailGP by around 50% each. And no wrangling about wildlife. Quote Link to post Share on other sites
K4309 257 Posted April 17 Share Posted April 17 3 minutes ago, aardvarkash10 said: no, what I am saying is that the rugby and six60 each produced 75% of what the SailGP did with 100% less govt funding. Taking it further, they produced that at one-day events, so on a pe- day basis they actuially exceeded SailGP by around 50% each. And no wrangling about wildlife. Ah, but the number of international attractions / events available to Chch is significantly limited. The percentage increase of economic benefit due to SailGP is substantial. If the All Blacks and Six60 contributed $1.4mil combined, and SailGP contributed $1mil (net, as you say) then sailGP has increased economic contribution to Chch from International Events by 71.4% That is an extra million bucks the good hotel operators of Chch would not have got if it weren't for SailGP 1 Quote Link to post Share on other sites
aardvarkash10 959 Posted April 17 Share Posted April 17 1 hour ago, K4309 said: Ah, but the number of international attractions / events available to Chch is significantly limited. The percentage increase of economic benefit due to SailGP is substantial. If the All Blacks and Six60 contributed $1.4mil combined, and SailGP contributed $1mil (net, as you say) then sailGP has increased economic contribution to Chch from International Events by 71.4% That is an extra million bucks the good hotel operators of Chch would not have got if it weren't for SailGP no, thats the impact across the entire economy. It includes labour, power companies, food sales, taxis, supermarkets, hookers, the casino... Lets contextualise further. Canterbury's GDP in 2022 was almost $45,000m (https://webrear.mbie.govt.nz/theme/gdp-totals/map/barchart/2022/canterbury?accessedvia=canterbury&left-zoom=1&right-transform=absolute). Sail GP economic activity has been estimated at around $4.5m, so therefore represents approximately 0.01% of GDP for the year. Margin of error stuff. Big in raw numbers, but not substantial in context. Or, in common sense terms, not "not worthwhile" but not "woohoo, we MUST do this its a total no brainer". Quote Link to post Share on other sites
K4309 257 Posted April 17 Share Posted April 17 15 minutes ago, aardvarkash10 said: hookers, the casino... Crickey aardvark, are you suggesting sailors might engage the services of hookers?!? That is a bit controversial, what would the good folk at the Royal NZ Squadron say? (Any port in a storm) PS I wonder what economic impact hooker have? 1 Quote Link to post Share on other sites
aardvarkash10 959 Posted April 17 Share Posted April 17 2 minutes ago, K4309 said: Crickey aardvark, are you suggesting sailors might engage the services of hookers?!? That is a bit controversial, what would the good folk at the Royal NZ Squadron say? (Any port in a storm) PS I wonder what economic impact hooker have? drives activity in the medical industry. And divorce lawyers. Quote Link to post Share on other sites
Psyche 632 Posted April 17 Share Posted April 17 Hang on are you saying that a privately owned sailing event catering to a special interest group has cost taxpayers millions 🧐.... again! 1 Quote Link to post Share on other sites
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