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Tasmania government determined to go broke (Read 89 times)
Daves2017
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Tasmania government determined to go broke
Sep 17th, 2025 at 10:48am
 
https://www.abc.net.au/news/2025-09-17/tasmania-hobart-afl-macquarie-point-plann...

“ The report provided a $974 million upfront construction cost, including car park, buses, lifecycle costs and state subsidy for the Tasmania Devils AFL club.

The cost-benefit ratio is less than 0.5, meaning that for every $1 spent, less than a 50-cent direct benefit will be returned.”


I ask, why do governments continue to prop up private companies while failing to provide adequate funding for public services?
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Unless you can find a way to earn a minimum of $300000 a year in Australia you’re screwed.

Don’t even think about being able to afford children at that  bare minimum threshold.
 
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whiteknight
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Re: Tasmania government determined to go broke
Reply #1 - Sep 17th, 2025 at 7:18pm
 
What is it with governments and football stadiums?.   Sad   
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Daves2017
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Re: Tasmania government determined to go broke
Reply #2 - Sep 18th, 2025 at 10:37am
 
whiteknight wrote on Sep 17th, 2025 at 7:18pm:
What is it with governments and football stadiums?.   Sad   



Just follow the money.

Friends and donors and relatives will always profit financially from the project.

Eventually when the politicians leave they will gain employment with these same people at impressive salaries.

The chance to stroke their egos at the opening ceremony and photo shoots is also a bonus.

They don’t have to pay for it. Why would they care about the people they are elected to represent want?
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Unless you can find a way to earn a minimum of $300000 a year in Australia you’re screwed.

Don’t even think about being able to afford children at that  bare minimum threshold.
 
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Jovial Monk
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Re: Tasmania government determined to go broke
Reply #3 - Sep 18th, 2025 at 11:17am
 
Apparently there is a good stadium in Launceston needing hardly any work.

That is what I heard, couldn’t care less about spectator sport or AFL.
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OzPolitic needs a >real< Environment MRB now!
 
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