9 Jun 2011
The Panel with Michele Boag and Gary McCormick (part 1)
Topics - The New Zealand dollar has risen sharply following the Reserve Bank's announcement this morning that it will leave the Official Cash Rate unchanged at a record low of 2.5%. Rugby New Zealand 2011 Limited's CEO Martin Snedden says New Zealand's small size and the IRB's world cup revenue model make it impossible to turn a profit.