Latest News

Back to Latest News back

 

New Zealand Cricket advises of planned job losses

New Zealand Cricket advises of planned job losses
May 29, 2020

With its income seriously impacted by the Coronavirus crisis, New Zealand Cricket has advised that it is to cut up to 15% of its staff, including senior executives.

According to reports, New Zealand Cricket Chief Executive David White is aiming to reduce the organisation’s staff team as part of a plan to save $6 million in operational expenses.

White told New Zealand news site Stuff that a number of jobs “across the business” in the body’s Auckland and South Island offices could be affected.

In April, staff at the head office in Auckland adopted a four-day week and used their leave entitlements to help alleviate costs.

Since then, the governing body has received $562,000 for its 80 staff from the first round of the New Zealand Government’s wage subsidy scheme.

According to its 2018/19 annual report, NZ Cricket paid out $8.5 million on staff pay. The proposed job losses of 10 to 15% would save about $1.5 million.

The 2018/19 financial year saw NZ Cricket record a record loss of $1.3 million, from income of $59.4 million, in what the sporting body called a “challenging” year.

White said the first draft of the body’s latest budget is based on a worst case scenario for its next financial year.

NZ Cricket’s financial predicament will worsen if it has to postpone planned tours of the country by Bangladesh and the West Indies in October and if the men’s Twenty20 World Cup scheduled for Australia in October is postponed.

On the playing side, White said that Black Caps and White Ferns national team players and coaching staff would not be affected by the cost-saving measures, and the players’ annual retainers will be as forecast for the coming season.

Related Articles

27th May 2020 - Cricket Australia’s cost cutting raises concerns over future of the game

20th May 2020 - Global sports sponsorship market predicted to fall by 37% this year

20th May 2020 - New Zealand Prime Minister flags four-day working week to boost economy

19th May 2020 - Quality of Eden Park’s playing surface recognised by New Zealand Cricket

17th May 2020 - New Zealand budget includes $265 million for sport and recreation

11th May 2020 - Coronavirus and financial losses push New Zealand Rugby to lay off half its staff

8th May 2020 - New Zealand Government announces framework for return of professional rugby and netball competitions

1st May 2020 - Coronavirus has multi-billion dollar negative impact on global sport

27th April 2020 - New Zealand Sports Minister advises of permissible activities under eased Coronavirus Alert

21st April 2020 - New Zealand football clubs benefit from FIFA Women’s World Cup funds

23rd January 2020 - Eden Park set to host ICC Women’s Cricket World Cup 2021

14th November 2019 - New Zealand Cricket facing ‘challenging year’ after 2018/19 financial loss

3rd May 2019 - Global sports sponsorship spending set to reach US$65 billion this year

26th July 2018 - New Zealand Cricket agrees revenue share pay deal with players


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

LIFE FLOOR (Aus & NZ)

Our team believes floors should be beautiful, comfortable, and engineered for safety, even when wet. Life Floor tiles meet six unique performance based standards: slip-resistance, impact absorption,…

read more

Aquatics / Play / Recreation / Safety / Surfaces

 
 

WATERPLAY Solutions Corp

Whether your goal is increasing your centre's revenues or creating an engaging environment, why not add play to your project? If you're looking for stylish aquatic play features, kid-tested…

read more

Aquatics / Attractions / Play / Recreation / Waterparks

 
 

Jonas Leisure

JonasLeisure offers a complete range of leading leisure and recreation software brands – envibe, Centaman, Gladstone Health & Leisure, The Retention People, Nutrition Complete and…

read more

Aquatics / Billing / Fitness / Recreation / Sport

 
 

Polin Waterparks

Polin was founded in Istanbul in 1976, and has since grown into a leading company in the waterparks industry. Today Polin is one of the world leaders in the design, production, and installation of…

read more

Aquatics / Attractions / Play / Waterparks

 
 
 

XBODY Australia Pty Ltd

PROVEN BUSINESS CONCEPTS WITH XBODY XBody’s goal is to see you and your EMS business succeed. That is why we don’t just sell equipment, we provide know-how, expert knowledge,…

read more

Fitness / Technology / Wellness

 
 

SeatGeek Asia Pacific

SeatGeek is a search engine and mobile-focused ticket marketplace that allows fans to buy and sell tickets for live events. As of August 2018, SeatGeek has exited the Australian, New…

read more

Entertainment / Sport / Technology / Ticketing / Venues

 
 

DEBITSUCCESS

Over the past 10 years Debitsuccess has been providing expert billing services to businesses across Australia. Debitsuccess is now the largest full service direct debit provider in Australasia,…

read more

Billing / Finance / Fitness / Golf / Recreation

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business