An independent review of Tasmania's proposed AFL stadium project has raised serious concerns about its feasibility and cost, prompting calls for renegotiation with the Australian Football League (AFL).
A concept image of the proposed Macquarie Point stadium, which economist Nicholas Gruen says can't be built within the time frame set in the deal between the AFL and the state government.Dr Nicholas Gruen, commissioned by the government to review the financial modelling, found the project has been mismanaged and impossible to deliver on time and on budget.
The stadium must pass both houses of parliament — likely by mid-to-late this year — but the government does not control a majority in either house.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.The penalties include $4.5 million if the stadium construction is not 50 per cent completed by October 2027, and another $4.5 million if it is not ready to host games by 2028. 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.'We need a reset, and I'd be disappointed and almost surprised if the AFL wouldn't show some degree of leniency, given how angry I think Tasmanians are entitled to be with the way this process has gone.' The requirement for a stadium was first confirmed by former AFL boss Gillon McLachlan in June 2022, and shifted from Regatta Point to Macquarie Point after a visit to the site by the AFL. It was then inked into the final contract with the Tasmanian government, including a requirement for a transparent roo
AFL Stadium Tasmania Construction Project Delays
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