NRL Nines blitzes economic forecasts but what about next year?

NRL Nines organiser David Higgins

Auckland Council is trumpeting $9.35 million in estimated economic benefits from the inaugural NRL Nines tournament  but there is a shadow over next year’s event.

The NZ Herald reports a diary clash between the National Rugby League and organisers of the Cricket World Cup over the availability of Eden Park threatens the tournament, because the ground is locked down for 30 days before the first CWC match on February 28.

In a press statement this morning, Auckland Tourism Events and Economic Development, Auckland Council's economic development arm, says the $9.35 million benefit from the NRL Nines in February was well above the forecast $3.8 million benefit for the first year, and even the $6.8 million for the tournament’s fifth year.

Approximately 45,000 people per day attended the two-day tournament held at Eden Park in February.

Estimated visitor nights from people associated with the tournament was 68,360 – including 40,611 from the 16,000 domestic visitors to Auckland – more than double the 32,877 target. About 6000 people from Australia attended the tournament and the television coverage was watched by more than one million Australians.

ATEED’s sponsorship is $12 million over five years, of which $3 million was spent this year.


Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7284 -0.0014 -0.19%
AUD 0.9192 -0.0012 -0.13%
EUR 0.6091 -0.0020 -0.33%
GBP 0.5364 -0.0010 -0.19%
HKD 5.6867 -0.0084 -0.15%
JPY 81.4110 -0.6400 -0.78%

Commods

Commodity Price Change Time
Gold Index 1290.6 -9.820 2017-09-21T00:
Oil Brent 56.1 0.160 2017-09-21T00:
Oil Nymex 50.5 -0.130 2017-09-21T00:
Silver Index 16.9 -0.316 2017-09-21T00:

Indices

Symbol Open High Last %
NZX 50 7795.4 7814.8 7795.4 0.25%
NASDAQ 6448.6 6448.6 6456.0 -0.52%
DAX 12569.7 12593.6 12600.0 -0.06%
DJI 22414.0 22419.5 22412.6 -0.24%
FTSE 7263.9 7263.9 7263.9 -0.11%
HKSE 27949.8 27960.9 28110.3 -0.72%
NI225 20413.6 20417.1 20347.5 -0.25%
ASX 5655.4 5688.2 5655.4 0.47%