There's criticism aimed at RNZ's outgoing boss over the public broadcaster's financial blowout.

Its been revealed an anticipated $470,000 deficit, has reached almost $12 million. 

RNZ's blaming a mix of one-off costs and overspending, and is expected to cut 58 jobs.

Herald editor-at-large Shayne Currie says it's unfathomable Paul Thompson didn't have a firm grip on the finances.

"Paul is a very renowned operator, he's been chief executive for 13 years, he knows full well how that organisation runs."

LISTEN ABOVE

There's criticism aimed at RNZ's outgoing boss over the public broadcaster's financial blowout.
Its been revealed an anticipated $470,000 deficit, has reached almost $12 million.&nbsp;
RNZ's blaming a mix of one-off costs and overspending, and is expected to cut 58 jobs.
Herald editor-at-large Shayne Currie says it's unfathomable Paul Thompson didn't have a firm grip on the finances.
"Paul is a very renowned operator, he's been chief executive for 13 years, he knows full well how that organisation runs."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Shayne Currie: NZME editor-at-large on the investigations into RNZ's $11.8m financial loss

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3d72e06b-8c0a-4ed0-8e8d-b4fe00587776/transcript