Tasmanian government to go it alone on AFL stadium funding
6 Articles
6 Articles
Tasmanian government to go it alone on AFL stadium funding
The Tasmanian government plans to fund construction of the stadium via borrowings, rather than looking to partner with the private sector, saying the latter would carry too high a risk to the state and threaten already tight timelines.
Tasmania Moves Away From Public-Private Relationship, Seeks Loan For Hobart Stadium - Ministry of Sport
The Tasmanian government has decided to forgo potential private sector partnerships in favour of funding the proposed Hobart stadium independently, utilising borrowings through the Macquarie Point Development Corporation (MPDC). This decision, reported by the ABC, reveals the government’s intention to construct the stadium primarily using debt rather than engaging in a public-private partnership (PPP). The latest approach seeks to leverage exist…
$100 million upgrades to key Tasmanian freight routes
Upgrades are taking place on key freight routes across the state under the $100 million Freight Capacity Upgrade Program. Image: William/stock.adobe.com Bridges and road strengthening projects are continuing to progress along key Tasmanian freight routes. Five Tasmanian bridges have been strengthened and a further three are under construction as the Tasmanian Government delivers part of a second package of works under the five-year, $100 million…
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