Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

TVNZ Decides Not To Appeal Hawkesby Arbitration

10 March 2000 TVNZ MEDIA RELEASE


For immediate release


TVNZ DECIDES NOT TO APPEAL THE HAWKESBY ARBITRATION PAYOUT

TVNZ will not be appealing the arbitration payout awarded to John Hawkesby after his contract to read the news on TV ONE was cancelled.

Board Chairman Dr Ross Armstrong says the matter has been discussed by the Board and it has decided not to proceed with the appeal.

Dr Armstrong, acting on legal advice, says TVNZ’s chances of winning the appeal were slim.

“In my view I do not consider it appropriate to spend more of the company’s money on this matter.”

"In the interests of staff morale and public confidence in TVNZ I instructed the company's lawyers to negotiate a settlement with Mr Hawkesby, and as a result the appeal will not be proceeding.”

TVNZ has paid Mr Hawkesby the sum of $6,537,000 inclusive of GST.

While acknowledging the further legal proceeding pending from TV3, Dr Armstrong says the sooner TVNZ can put the Hawkesby affair behind it the sooner it can begin the task of reshaping itself into the more public service oriented broadcaster its shareholder wants it to be.

Ends


For further information contact:
Liam Jeory, Communications Manager
Ph: 09 916 7575 or 021 416 400

Leigh Wilson, Communications
Ph: 09 916 7398 or 021 776 694

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Climate Summary: NZ’s Equal-2nd Warmest Year On Record

Annual temperatures were above average (+0.51°C to +1.20°C above the annual average) across the majority of New Zealand... 2018 was the equal 2nd-warmest year on record for New Zealand, based on NIWA’s seven-station series which began in 1909. More>>

ALSO:

GDP: Economic Growth Dampens In The September Quarter

Gross domestic product (GDP) rose 0.3 percent in the September 2018 quarter, down from 1.0 percent in the previous quarter, Stats NZ said today... GDP per capita was flat in the September 2018 quarter, following an increase of 0.5 percent in the June 2018 quarter. More>>

ALSO:

Up $1.20: $17.70 Minimum Wage For 2019

Coalition Government signals how it will move toward its goal of a $20 p/h minimum wage by 2021... “Today we are announcing that the minimum wage will increase to $17.70 an hour on 1 April 2019." More>>

ALSO:

Retail: IKEA To Open In New Zealand

Inter IKEA Systems B.V. is today announcing its intentions to grant the Ingka Group exclusive rights to explore expansion opportunities in New Zealand. More>>