Responding to news that Team New Zealand has rejected the Government’s $99 million offer to host the America’s Cup in New Zealand, New Zealand Taxpayers’ Union spokesman Louis Houlbrooke says:

“This is sad news for America’s Cup fans, but good news for taxpayers and Auckland ratepayers. We just saved $99 million. That money can now go to more deserving causes: Pharmac, Police, nurses, roads, debt repayment, or even tax relief that puts food on the tables of hard-working New Zealanders.”

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