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Parramatta Stadium Rebuild and other stuff

Twizzle

Administrator
Staff member
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153,644
Good to hear.

Here's a question that the left don't answer, why don't they build HELE power stations to replace the old coal burners and reduce emissions by up to 50%, that would give time for the scientific community to work towards getting renewables to supply base load power which it currently can't. Think that is a simple solution, but the coal a phobes seem to want to push this country over the manufacturing and liveable cliff. Seemed like someone of your views should be able to respond to that , and maybe explain why not :flushed:

its funny that the same bloke who took coal into parliament is now copying the bloke's ideas that he replaced

must be an election looming or he is running out of original ideas, or perhaps both
 

Gronk

Moderator
Staff member
Messages
77,719
its funny that the same bloke who took coal into parliament is now copying the bloke's ideas that he replaced

must be an election looming or he is running out of original ideas, or perhaps both

The LNP worked so hard on the NEG which a real compromise in the transition to renewable energy. MT got rolled over it. Now to save face they are dusting off Abbott’s Direct Action. So instead of investing in renewables Woolworths can apply for cash to install more energy efficient lighting in their stores or some mining company converts their machinery from diesel to electric.

Meanwhile in my electorate David Sharma has today become a Climate Change advocate. Funny that.

upload_2019-2-27_8-38-55.jpeg
 

Delboy

First Grade
Messages
7,560
It's going to be ironic when BankWest Stadium is finished, let's see if Mr Negative Daley attends the opening if he is Premier. He has stated several times that the new stadium at Parramatta is a symbol of the over spending etc., and would not have happens under his watch.

See how that pans out, did notice that the alliance of councils etc opposing the rebuild at Allainz are all part time members of the Greens and funded in part by Get up. That's possibly going to be the new norm.
 

Kornstar

Coach
Messages
15,578
It's going to be ironic when BankWest Stadium is finished, let's see if Mr Negative Daley attends the opening if he is Premier. He has stated several times that the new stadium at Parramatta is a symbol of the over spending etc., and would not have happens under his watch.

See how that pans out, did notice that the alliance of councils etc opposing the rebuild at Allainz are all part time members of the Greens and funded in part by Get up. That's possibly going to be the new norm.

He'll be the first one in the box for a photo opportunity and a headline of how great the stadium is and how great is government is.

Just like any slime, lowlife politician would, regardless of what side they're on.
 

hindy111

Post Whore
Messages
63,006
Any idea what the government will make off Parra stadium per year?
A lot was said about spending 300 mill. However this created jobs which paid tax so not really 300 mill.....
But what will they recoup?
 

Gronk

Moderator
Staff member
Messages
77,719
Any idea what the government will make off Parra stadium per year?
A lot was said about spending 300 mill. However this created jobs which paid tax so not really 300 mill.....
But what will they recoup?
Governments don’t need to break even or make a profit on community infrastructure.
 

Suitman

Post Whore
Messages
56,040
Any idea what the government will make off Parra stadium per year?
A lot was said about spending 300 mill. However this created jobs which paid tax so not really 300 mill.....
But what will they recoup?

Good question.

It all depends on the return they get which will come down to running costs and investment vs income.
It clearly comes down to how many events they can encourage to use the venue which creates the income stream.

As I see it, there are currently 3 NRL clubs who want to use it.

Eels 10 games.
Tigers - 3 games.
Bulldogs - 1 game.

Then there is the Waratahs - 3 games.

Wanderers - 13 games.
Wanderers - W-League - 6 games.
Wanderers FFA Cup - possible 3 games.
Wanderers future ACL matches - unlikely in the short term but possible.

That's 33 events just in the first year, not including Eels matches which will overlap the Wanderers season in 2020, so possibly another 4 matches.
So, say 37.
At a rough guess, hire costs could be $100 k per game, (although probably less for W-League games).
So, could be conservatively $3.5 million of income from sport.
Then, there could be concerts, hiring out to out door events like caravan and camping shows, concerts etc....
Maybe another million in income. So, $4.5 million
Then, there is Bankwest's naming rights, catering income, advertising on signboard naming rights around the stadium, corporate functions etc... Maybe another $2 million.
$6.5 million in income per year

I'm only guessing at the following, but the stadium could easily cost $3 - 4 million a year to run. Maybe more.
It might run at a small profit, but it won't be a money spinner for the govt.

The greater income will come from the benefit to the local community. Jobs created, local community expenditure (Eat St, Leagues Club, Peter Wynn's, Westfield, etc) .... where people will spend money on game days. It will create jobs and workers pay tax. There are other variables that also provide benefits to the state govt.
I remember reading of a study done that claimed the Wanderers added $20 million to the local economy each season. I'm sure that the Eels would add more than that.

It's not just about the stadium. It's also about the gains to the local economy.
 

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