Victoria hit with $380 million bill for 2026 Commonwealth Games withdrawal
August 19th, 2023 10:32 am
Victoria announced their bombshell withdrawal in July due to a staggering potential cost blowout, with premier Daniel Andrews claiming the event that was initially estimated to cost $2.6 billion would instead cost the state “at least $6 billion, and could be as high as $7 billion”. FIBA Basketball World Cup | Starts Aug 25. Watch every Boomers, Team USA and Finals game FREE & LIVE on ESPN with Kayo Freebies.The state government announced on Saturday morning an agreement had been settled with all ‘affected parties’: the Commonwealth Games Federation , Commonwealth Games Federation Partnerships and Commonwealth Games Australia .
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Victoria to pay $380 million compensation for cancelling 2026 regional Commonwealth GamesThe State of Victoria has agreed to pay the Commonwealth Games parties $380 million in compensation after pulling out of the 2026 regional event.
Read more »
Victoria to pay $380 million to cancel 2026 Commonwealth GamesThe Victorian government has reached a settlement with the official bodies involved.
Read more »
Victorians will pay $380 million for scrapping of Commonwealth GamesThe Andrews government has reached a deal with “affected parties” over its decision to cancel the 2026 Commonwealth Games.
Read more »
Victorians will pay $380 million for scrapping of Commonwealth GamesThe Andrews government has reached a deal with “affected parties” over its decision to cancel the 2026 Commonwealth Games.
Read more »