Dunedin stadium reveals $1.9m loss

11 May, 2012 02:24 AM

The size of the financial hole occupied by Dunedin Venues Management Ltd - the company tasked with running the Forsyth Barr Stadium - has been confirmed. Figures released showed the company had lost $1.9 million in the first six months of the 2011-12 financial year.

'We are not divided, but united.' | Treaty Principles Bill Second Reading highlights

'We are not divided, but united.' | Treaty Principles Bill Second Reading highlights

Every party except Act is expected to vote down the controversial Treaty Principles Bill this afternoon on a occasion one senior minister has described as “cremation day.”

On The Up: What Sport New Zealand is doing to ensure success at elite and grassroots level

On The Up: What Sport New Zealand is doing to ensure success at elite and grassroots level

Sport New Zealand chief executive Raelene Castle breaks down the sector's latest initiatives. Video / Alyse Wright

NZ Herald Live: Question time

New Zealand|politics

NZ Herald Live: Question time

Question time and the Treaty Principles Bill vote

Rory McIlroy's daughter steals the show with long putt ahead of Masters

Rory McIlroy's daughter steals the show with long putt ahead of Masters

Rory McIlroy's daughter Poppy stole the show at the Par 3 contest. Video / Masters/X.com

Pallbearers fall into grave

Pallbearers fall into grave

Pallbearers fall into grave after platform collapses. Video / 6 Action News

NZ Herald Live: Christopher Luxon speaks to media on tariffs

New Zealand|politics

NZ Herald Live: Christopher Luxon speaks to media on tariffs

Christopher Luxon plans free-trade talks blitz as Trump changes tune on tariffs

Chinese restaurant shut down after pigeons served as 'roast duck'

Chinese restaurant shut down after pigeons served as 'roast duck'

Madrid police say the birds were taken off the street and killed in the kitchen. Video / Madrid Police

Behind the scenes at the Breast Cancer Cure, Tee's for a Cure photoshoot

Behind the scenes at the Breast Cancer Cure, Tee's for a Cure photoshoot

17 popular Kiwi designers have joined forces to raise money for vital Breast Cancer research in Aotearoa. Video / Cameron Pitney

NZ Herald Live: Prime Minister speaks on Trade and Foreign Affairs

New Zealand|politics

NZ Herald Live: Prime Minister speaks on Trade and Foreign Affairs

Prime Minister Christopher Luxon's speaks on Trade and Foreign Affairs

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Dominican Republic: What to know about the roof collapse at the Jet Set club

At least 124 people have been reported killed after a roof in a nightclub in the Dominican Republic collapsed.

Kea Kids News: Behind the scenes of Young Riders

Kea Kids News: Behind the scenes of Young Riders

Reporter Ale is in the arena with Matisse, a decorated show-jumper and one of the stars of TVNZ’s Young Riders, as she saddles up for a brand new season.

Green MP Benjamin Doyle admits political naivety

Green MP Benjamin Doyle admits political naivety

Green Party MP Benjamin Doyle admits political naivety in refusing to delete social media posts. Video / Mark Mitchell

PM unaware of MP’s ties to sect under FBI investigation

PM unaware of MP’s ties to sect under FBI investigation

Christopher Luxon is unaware of MP Hamish Campbell’s ties to a religious sect that the FBI is investigating over child sex abuse allegations.

Apartment fire closes Karangahape Rd

Apartment fire closes Karangahape Rd

Emergency services are responding to a fire in a central Auckland apartment this afternoon. Video / Dean Purcell

NZ Herald Live: Benjamin Doyle speaks publicly in wake of death threats over social media posts.

New Zealand|politics

NZ Herald Live: Benjamin Doyle speaks publicly in wake of death threats over social media posts.

Green MP Benjamin Doyle is addressing, for the first time, the public reaction to some of their social media posts, which have prompted a series of death threats.

OCR Call: Reserve Bank makes rate decision amid tariff turmoil

OCR Call: Reserve Bank makes rate decision amid tariff turmoil

Liam Dann discusses the latest Reserve Bank rate decisions amid tariff turmoil.

Flying ferry

Flying ferry

Candela's CEO unveiled the third generation of his company's foiling technology, saying the company hopes to meet demand all over the world. Video / Candela Technology AB

Experts challenge Colossal’s dire wolf de-extinction claim

Experts challenge Colossal’s dire wolf de-extinction claim

Scientists dispute bioscience firm's claim of resurrecting extinct dire wolf.

Qantas 1960s TV ad

Qantas 1960s TV ad

Qantas is marking 60 years of flying jets to New Zealand and had released a collection of content from its official archives. Video / Qantas

Watch Live : Chris Quin taking listener questions with Newstalk ZB's Kerre Woodham.

Watch Live : Chris Quin taking listener questions with Newstalk ZB's Kerre Woodham.

Foodstuffs North Island CEO Chris Quin taking listener questions with Newstalk ZB's Kerre Woodham.

Global markets react to US tariffs and OCR cut expected | NZ Herald News Update

Global markets react to US tariffs and OCR cut expected | NZ Herald News Update

Trump adviser's feud as world responds to US tariffs and Reserve Bank expected to cut Official Cash Rate. Video / NZ Herald, Getty Images

Kea Kids News: Te Kūiti sheep take over the streets

Kea Kids News: Te Kūiti sheep take over the streets

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Paying it forward: Outset Ventures

New Zealand|trailblazers

Paying it forward: Outset Ventures

Sean Simpson and Mat Rowe made it big with LanzaTech. Now, with Outset Ventures, they are helping to foster and finance a new wave of "deep tech" startups.

Red Beach rescue

Red Beach rescue

Harlem Scalabrini describes how he tried to rescue a drowning man off Red Beach, north of Auckland.

Labour MP David Parker will resign from politics

Labour MP David Parker will resign from politics

Parker said he would leave Parliament “enthusiastic” for New Zealand and the Labour Party.

Boris Johnson attacked by an ostrich

Boris Johnson attacked by an ostrich

Former UK Prime Minister Boris Johnson found himself in an unexpected wildlife fiasco during a family outing to a Texas safari park.

Willis gives tariffs briefing

Willis gives tariffs briefing

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MetService Severe Weather Update: April 8th

MetService Severe Weather Update: April 8th

MetService Severe Weather Update: April 8th. Video / MetService

Aucklander to be extradited to Australia over violent restaurant robbery

Aucklander to be extradited to Australia over violent restaurant robbery

Leroy Tsuro arrived in New Zealand in September 2016 – one day after police interviewed him about his alleged participation in a robbery at a Perth restaurant.

PM Christopher Luxon on world economic developments

PM Christopher Luxon on world economic developments

PM Christopher Luxon delivers statement on world economic developments. Video / Mark Mitchell

NZ Herald Live: Nicola Willis briefing on economic developments

New Zealand|politics

NZ Herald Live: Nicola Willis briefing on economic developments

Nicola Willis briefing on economic developments

Horowhenua District Council gives an update on wild weather

Horowhenua District Council gives an update on wild weather

Horowhenua District Council gives an update on wild weather. Video supplied

Government's $12b military plan and parasite spreads in Wellington | NZ Herald News Update

Government's $12b military plan and parasite spreads in Wellington | NZ Herald News Update

The Government's $12b plan to upgrade the military and cryptosporidium spreading in the Wellington region. Video / NZ Herald, Getty Images

Hawke's Bay couple give up house to sail the world

Hawke's Bay couple give up house to sail the world

Hawke’s Bay couple Adam and Vicki Forbes traded their conventional lifestyle for a life at sea. Living aboard a 40-foot sailing boat. Rafaella Melo / Hawke's Bay Today

Six-year-old with Down Syndrome facing deportation

Six-year-old with Down Syndrome facing deportation

His parents believe new policy discriminates against all children with disabilities. Video / Cameron Pitney

Self-belief and the Economy

Self-belief and the Economy

Is self-belief the missing link in solving the economic puzzle? ANZ’s Chief economist breaks down the current state of the economy.

Groms tear up the slopes at Snow Planet

Groms tear up the slopes at Snow Planet

Reporter Malia is at Snow Planet’s first rail jam for 2025, where young snowboarders are gliding into winter with their most epic moves, and racking up medals on the way.

Mayor Wayne Brown video calls council meeting while driving

Mayor Wayne Brown video calls council meeting while driving

Auckland Mayor Wayne Brown made a video call to the council's transport committee while driving.

What do the Trump tariffs mean for New Zealand?

What do the Trump tariffs mean for New Zealand?

Liam Dann explains what the new US tariffs could mean for New Zealand.

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