EXCLUSIVE: Sky News business reporter Ed Boyd has revealed that Premier Palaszczuk made the multi-million-dollar commitment to help secure the deal which she then promoted as an economic boon for Queenslanders. She has refused to reveal how much taxpayers would be slugged to host the game but was happy to spruik the slim economic benefits of the deal.
“At the news conference announcing The Gabba as the venue Annastacia Palaszczuk refused to reveal how much her government was spending or release the economic modelling for the decision,” Mr Boyd said. “Sky News has been told by sources the premier committed $15 million of taxpayers’ money, economists have confirmed the government’s estimate, the event will return only $18 million.”
More pathological behaviour of unrepentant magnitude. Queenslanders like rugby league rugby union Soccer and having boarders closed which afl persons are going to see a Vic final makes no sense along with 40% stadium capacity scamdemic rules it's BS.
Yes. But it is a future investment.
Palaszczuk can do right on Sky.20% profit and bringing rights and its not enough. Grow up.
It wasn't to net the grand final. It was to help secure a re-election win. Transparent as glass
Maybe she consulted the economical expert Dr Young
Whats wrong with a $3million windfall for QLD taxpayers? 🤷♂️
Shes fucked!
Well she’s a politician, not a mathematician, or a business person for that matter and doesn’t understand what a revenue or profit is. 31st October can’t come fast enough as far as I’m concerned and then we can boot this corrupt, rotten state government to the curb Qldpol
Better taxpayer value than the ScottMorrisonMP SPORT’s RORTS
And there will be no social distancing at the event with the AFL selling 30,000 tickets or 72% of capacity. So all the premier rhetoric is out the door for this event
Better assured return at $6 on every $5 invested than many horse races, plus longer term plug for AFL as a national sport ...where did the word ‘despite’ come from?
Mmmm 🤔 wasn’t it the CMO who said that the AFL was bringing much money to Qld and apps on that basis. Yep the CMO is not an economist thats for sure
$3 mill profit sounds fine to me tbh.
Sydney would have cost it's residents $0
Does that include all the money that tourism will make from the players and their families holidaying in the state afterwards
So they bought the AFL grand final.
Premier, big noting herself as usual
$15 million to buy an election, sounds like a bargain.
You sound upset she hasn't funnelled it off to gas executive mates
You guys probably should have got someone from Sky Business to run an eye over this before running it. 120% annualised ROI? That’s pretty decent at the moment.
How much is Morrisons new gas fired power station going to cost ?
Probably all borrowed money!!!!
Simplistically that is 20% return over maybe two months 😳 what’s that annualised? 🤷🤔doesn’t sound that bad
Qld C19 pandemic medical response 'scientifically designed' around maximising ALP election poll results. Pallachook deserves time on the electoral chopping block! SharriMarkson
Allow the Free Market to sort out competition, innovation, products and encourage entrepreneurs. Government interference is the main cause of Wealth Inequality. Write to Govt & demand change. We have stuck our heads in the sand for too long. If everyone wrote change will happen
It is not much point hosting a major sporting event like the AFL Grand Final if no-one from interstate can come to Qld to watch up. You host these events not only for the exposure, but also for the tourist dollars.
So... much more value than the NSW Libs moving the Powerhouse Museum at $2bn cost or knocking down and rebuilding stadiums (another $2bn).
$15M into what? Siphon off $15M and say it’s for the footy.
Brilliant premier
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