The article debates whether the government should use $70 million in taxpayer funds to bring major international events to New Zealand, amid concerns about prioritising entertainment over essential services during a cost-of-living crisis.
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What I would say we're a country of five million, and we've got to be realistic in terms of the competitive global market. Perth offered Coldplay $5 million a show. And this is the environment that we're competing against the East Coast of Australia. Auckland is a great city, and we live in a beautiful country. We want to live in a city where people live, stay, play, and work, but we also want to get the biggest artists coming to New Zealand. And if that means that we have to make a contribution, and during the Rugby World Cup, the government invested 190 million in Eden Park. Since then, we've seen a billion dollars of economic benefit for the city. We can't be looking at this as a subsidy. If we did, you'd be aware that the film industry gets a 40% tax subsidy. You'd be also aware that the gaming industry gets subsidies. Our local libraries get subsidies. The reality is this is a strategic investment, and when people come, they come as a tourist and they come as a ticket holder and lead as a tourist. And we want our people to stay here. I heard you earlier talking about capital gains tax in Australia. We want Australians to come here during state of origin and not just come for the game. We want them to come and experience Queenstown or Christchurch or Dunedin or Wellington, but also see what a great country live in.
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vulnerable to budget cuts and community impact
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Nick Sautner: Eden Park CEO responds to mayor Wayne Brown's comments on events fundingSpotted something wrong on this page? Report a correction.