We have an extended state of emergency for the country #eqnz – government borrowings are through ‘the roof’, and (business?) leaders are continuing to squander money we don’t have at local and central government level.
Rugby will save us.
“The important thing is to understand the scale of this thing from New Zealand’s point of view.” -Rugby World Cup Minister Murray McCully
### ODT Online Tue, 26 Apr 2011
$1.2b spent on Cup, $700m return – survey
(via NZ Herald)
New Zealand will spend more than $1.2 billion in investments backing the Rugby World Cup – against $700 million in direct economic returns. A wide-ranging New Zealand Herald investigation asked tournament organisers, local authorities, government departments, public bodies, transport hubs and key sponsors what they had prepared for the World Cup and how much they would spend.
Posted by Elizabeth Kerr