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Section 5
Norm Smith Medallist
- Nov 26, 2018
- 7,593
- 11,948
- AFL Club
- Brisbane Lions
The agreement has a maximum commonwealth funding of $2.5 billion.As far as I'm aware the Federal Government has agreed to entirely pay for it. My original response was to the though of it to be shelved until after the Olympics. The funding to my knowledge isn't tied to IOC money. As long as the funding stream is there, I'm of the opinion that should be taken advantage of while it's there. In 8 years time, who knows....
So, if the original site went ahead at $4 billion (Quirk) the State would have to find an extra $1.5 billion.
I am happy for it to be built just not at the expense of getting a new stadium.
One or the other with the funds available.
That could all change if the new Authority gets private funding involved for venues.