PLUS Your club board comp is now up!
I emailed her Where do you get this number from? Have you fact checked it? This number is exactly double the entire Olympics budget and is grossly incorrect, not sure who your sauces are or who told you this wildly inaccurate number but the general public deserve to not have lies and misinformation spewed to them.
Did you get a reply from the journo?
A crazy figure.
no but the article changed within 20 minutes of the email
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Palaszczuk says Brisbane Olympic stadium 'already decided'
Former Queensland premier Annastacia Palaszczuk says the Olympic review committee has "already decided" to build a new stadium at Victoria Park.www.abc.net.au
I hope she is getting good information on the venue. Not sure about the costs she quoted though.
No way will the LNP go over the total of $7.1 billion venue budget.
I doubt the PPP would be that figure not that it has got to any stage for that type of figure to be announced.
Most likely along the Perth model if the story has legs.
Maybe she misses having her name in the media
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The ABC understands the revamped design of the Victoria Park stadium will cost $14.2 billion under a public-private partnership and will include the southern hemisphere’s largest sport Centre of excellence.
The ABC also understands there will be no net loss of green space.
The Courier Mail's editorial on the subject eviscerated her. Good stuff
Not often I agree with the Courier Mail but...The Courier Mail's editorial on the subject eviscerated her. Good stuff
They've been claiming a lot of absolute nonsense so that when it doesn't come to pass, they can say "look how good we were at cleaning up the mess!". Case in point, they're claiming Cross River Rail will take two years extra because the national regulator needs to conduct testing after construction is done, when this is bullshit and the regulator said as much. Testing in every other rail project is conducted by the build team during the construction process and after.
Yes, the Courier Mail usually dump on Labor as often as they can.
www.swimming.org.au
There kidding themselves.Every man and his dog trying to get on the Gravy Train
Swimming Australia - United push for National Aquatics Centre at Victoria Park
AUSTRALIA’S peak aquatic sports have joined forces to submit a proposal to ...
Being an ex Olympic hopeful, I personally really love the idea of a Sporting Hub/Precinct for the Olympics and this all just ties in to the Arcadis Plan of Brisbane Bold.
Tbh I'd be shocked if that idea goes ahead.
Although I do remember the Brisbane Bold proposal being pretty widely regarded as a great idea.
I’m fairly confident it was decided more than 12 months ago
Just another headline grab from the treasurer.This doesn't auger well.
Queensland credit rating downgrade now ‘highly likely’ with $218bn budget debt forecast
Releasing Mid-Year Financial and Economic Review, treasurer David Janetzki says significant cost blowouts caused by capital works overspendwww.theguardian.com
www.sunshinecoastnews.com.au
Just another headline grab from the treasurer.
Labor had 2 big budget surpluses the previous two years.
Labor predicted coal royalties would slow down, and they did. Along with other issues a deficit was predicted for 2024/25.
Why would a treasurer have a press conference telling the world he thinks the credit agencies will downgrade our rating. Which of course will cost the government (taxpayer) a big bundle of extra interest on our borrowings if it happens.
Let the credit agencies make up their own mind.
As i have said previously they are still in opposition mode.
It is strange that when they get back in power their first budget adjustment predicts doom and gloom for 4 years under their watch.
Of course, magically when the actual budget is due in May, they will have reduced these deficits by a big margin.
They can then say how this saved the state from being downgraded. Unless we get downgraded before then because of his comments.
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Queensland credit rating downgrade now ‘highly likely’ with $218bn budget debt forecast
Releasing Mid-Year Financial and Economic Review, treasurer David Janetzki says significant cost blowouts caused by capital works overspend
"He warned the state would go from the country’s least, to its most indebted, in just four years, blaming the previous Labor government for blowouts in infrastructure projects."
“Knowing what we know now, with debt per capita tracking to be the worst in the country, it is highly likely that we will not just have an outlook downgrade, but that it’s highly likely we’ll have a rating downgrade too,” Janetzki said.
S&P Global Ratings confirmed Queensland’s AA+ rating in September.
University of Queensland professor of economics John Quiggin said the budget update reminded him of former premier Campbell Newman and his commission of inquiry and “Strong Choices” asset sales program.
“You could pretty much have cut and pasted their report from 2012 to what we’re seeing today, and the same warnings of disaster and so forth and obviously we haven’t seen any sign of that disaster,” he said.
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This won't affect the Olympic $7.1 billion venue budget, but we will likely see infostructure projects on hold for a time.
Crisafulli was hellbent on completion of the Caloundra to Maroochydore Rail line before the Olympics.
No way it gets done. In fact, getting to Caloundra by that time and having trains running will be a challenge.
Get that $20.4 billion ($8.4 + $12) out of the budget for a start, or whatever is in his forward estimates and things will start to look much better. I assume it is in their estimates as he wants the line completed.
Compare the estimated costs
Beerwah to Caloundra $4.35 billion. This has been budgeted for and should get completed.
Caloundra to Maroochydore $20.4 billion???
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Below article dated March 2024
$12b bill: full costs revealed in heavy rail business case
A business case summary for a Sunshine Coast passenger rail line has revealed just how much the entire project could cost and outlines some of the issues associated with it. The state government this week released a 28-page overview of the Direct Sunshine Coast Rail Line: a proposed 37.8km...
The state government this week released a 28-page overview of the Direct Sunshine Coast Rail Line: a proposed 37.8km dual-track line with multiple stations between Beerwah and Maroochydore that would ease congestion in the rapidly growing region.
But there is a funding shortfall and the track won’t be completed in time for the 2032 Olympics and Paralympics.
The summary said it would cost $5.4 billion to build the track from Beerwah to Caloundra, $8.4 billion to Birtinya and $12 billion to Maroochydore, with construction to start in 2026.
The state government has pledged $2.75 billion towards Stage 1 of the project, from Beerwah to Caloundra (19km), while the federal government has $1.6 billion on the table.
Mr Crisafulli said the LNP was committed to building a heavy rail line “in its entirety … all the way through to Maroochydore”.
This doesn't auger well.
Queensland credit rating downgrade now ‘highly likely’ with $218bn budget debt forecast
Releasing Mid-Year Financial and Economic Review, treasurer David Janetzki says significant cost blowouts caused by capital works overspend
