Hobart Stadium: $750 million cost

[Teen Wolf]

Perth stadium was in budget wasntit

It went over by about 10% just like other similar builds in the last 15 years (Adelaide Oval, SCG, etc).

Didn't go over by as much as some hysterical reports suggest, which often falsely claim the budget was $700m or try to retroactively add on costs for things like the train station which were separate.

Btw a ~10% increase (to $860m) also happens to be the highest any of Gruen's peers are willing to forecast for Hobart (see Appendix 5 of the report).

 

[Cairnsman]

More immigration is what projects like this need, it's how governments pay off their spiralling debt.

If Tasmania can increase its population with an extra 25k immigrants per year over the next 20 years then the stadium will pay for itself.

 

[Bjo187]

More immigration is what projects like this need, it's how governments pay off their spiralling debt.

If Tasmania can increase its population with an extra 25k immigrants per year over the next 20 years then the stadium will pay for itself.

With 1.4 million immigrants coming into Australia over the past 3 years, 400k could have gone to Tassie and tipped them over the 1 mill mark, which would have looked a lot better for the business case. Unfortunately, they mostly go to Melbourne and Sydney though.