Economist urges AFL, Tasmanian government to be realistic about Macquarie Point stadium costs and timeframes
2 months, 4 weeks ago

Economist urges AFL, Tasmanian government to be realistic about Macquarie Point stadium costs and timeframes

ABC  

An independent economist who reviewed the proposed Macquarie Point stadium in Hobart has urged the AFL to show "leniency" on Tasmania over project timelines and cost penalties. A leading independent economist tasked with reviewing Tasmania's proposal to build an AFL stadium on Hobart's waterfront finds the project is "already displaying the hallmarks of mismanagement" and is likely to exceed $1 billion. Dr Gruen said it was in the interests of both the Tasmanian government and the AFL to acknowledge the project's constraints, and potentially renegotiate aspects of the deal. In releasing the report, government minister Eric Abetz wrote that the Macquarie Point project "will shape Tasmania for generations, and unlock decades of investment, jobs and opportunity".

History of this topic

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