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."

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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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

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/d46e539e-1a8c-4d78-b053-b4fe00588326/transcript