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The $293m blowout: Making sense of America's Cup cost-benefit reports

Tom Dillane
By
Reporter/Deputy Head of News·NZ Herald·
15 mins to read

ANALYSIS:

The devil in the detail is what New Zealanders perhaps hoped they'd uncover with the release last week of 283 pages of cost-benefit analysis of the 36th America's Cup.

Out of the four official national and local government commissioned reports that landed on Tuesday, confusion remains over Auckland Council's now-inflated official $215.2 million spend on the event.

Intrigue surrounding billionaire backers in New Zealand and abroad colluding to keep the Cup in Auckland has also been heightened with advice

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