MEDIA RELEASE
Date: Thursday, 17 May 2007 for Immediate Release – 1 page
Radio New Zealand Budget Funding
Radio New Zealand Chief Executive, Peter Cavanagh, has welcomed today’s Budget announcement.
He said the additional funding of $1.15 million a year would help ease the immediate impact of inflation on the public
service broadcaster's core operating budget, however the organisation's financial circumstances would remain tight for
the foreseeable future.
ends