Sport New Zealand was due to announce a new four-year investment plan, but this plan has been deferred in light of the coronavirus COVID-19 pandemic. Current funding levels have been guaranteed to stay in place until June 2021.
Grant Robertson, New Zealand Sports Minister, has said that COVID-19 has significantly impacted the country’s sporting industry, at all levels, from grassroots through to international. This has seen important competitions getting cancelled and community facilities being closed down.
He said that national sports organisations have seen significant revenue losses due to the decline in broadcasting rights, sponsorships, and sports betting, so rolling current funding arrangements over will at least provide some measure of certainty for those affected. Under the previous investment round, Netball was one of the biggest winners. It saw an increase of almost NZ$400 000 annually in a jump from NZ$1.5 million to NZ$1.88 million.
Additionally, sports will no longer be obliged to keep initiatives led by Sport New Zealand going, which will allow them to focus on staying operational as best they can. So, implementing changes to making junior sports like Cricket, Football, Hockey, Netball and Rugby less competitive and more inclusive will be held off for now.
Above and beyond the promise of this financial support, Robertson has stated that all business related to sport and recreation can apply for the COVID-19 Wage Subsidy. He added that the government is also working on a package dedicated to sports recovery for when the pandemic finally comes to an end.
| # | Site | Bonus | Bet | |||
|---|---|---|---|---|---|---|
| 1 |  | Ladbrokes |  | 5/5 | 100% Match up to $250 NZD | Bet now Review |
| 2 |  | Palmerbet | | 4.9/5 | 100% Match | Bet now |
More About Trent Wilson
Trent Wilson is OnlineBetting.nz’s resident sports news expert. He draws on his extensive sporting knowledge, his qualification in sports management and his passion for betting to provide the latest, most up to date information on sporting events in New Zealand and across the globe. Trent is a veritable treasure trove of sports information and has been betting online for several years. He prides himself in keeping his readers informed, and in always offering an unbiased standpoint that reflects exactly what’s going on in the sports world.
View Posts - Visit WebsiteYou May Also Like:
No Tokyo For Javelin Thrower Tori Peeters
Despite having already qualified for the upcoming Tokyo Olympic Games, Kiwi javelin thrower Tori Peeters may have to sit out of this year’s Olympic run after all. Tori was last week named as part of the 15-person athletics team headed to Tokyo to represent New Zealand. The naming function was ….
No Cheering At Tokyo Olympic Games
There will be no cheering for athletes at the upcoming Olympic Games, and athletes will not be permitted to visit restaurants and bars in Tokyo during their stay in the country. Wednesday saw the first “Playbook” of ground rules for a safe Tokyo Olympics published, stipulating that those found to ….
Sport New Zealand Wants to a Safer Environment
As part of its continuing dedication to creating a safer sporting environment and in light of an internal integrity post undertaken in 2020, Sport New Zealand has announced several new enterprises for 2021. Among these are a new community guidance portal which will focus on children, an independent mediation service, ….
Coe Says It Won’t Be Easy To Cheat In Tokyo
World Athletics President Sebastian Coe has warned athletes participating in next year’s Olympics against cheating, saying new technology will make it easier than ever before to “fearlessly weed out” drug and doping cheats. Coe also addressed specifically the issue of “high profile athletes” who previously found it comparatively easier to ….
Castle On The Importance Of Collaboration
Incoming Sport New Zealand boss Raelene Castle says she would like to see a more prominent focus on collaboration between different codes once she takes over the reins in six weeks’ time. The former Rugby Australia CEO was this week confirmed the organisation’s new chief executive officer set to take ….