Cost benefit analysis exposes stadium folly

Tasmanian Labor

Jeremy Rockliff has been caught out misleading
Tasmanians about the economic effects of his reckless $1 billion Hobart stadium
proposal.

An unredacted copy of the Hobart stadium cost benefit
analysis has revealed the total payroll tax returns to the Government from the
project and associated economic activity will be just $300,000 per year –
barely one per cent of the amount taxpayers will have to fork out just for the
interest payments on the stadium debt.

This scuttles the claims the Government was falsely
making that the stadium will help to fund health, housing and cost of living.

The unredacted report shows the stadium will leave our
economy worse off and divert money away from essential services-not just today
in the middle of a health, housing and cost of living crisis, but for decades
to come.

Little wonder Jeremy Rockliff tried to hide this
figure from Tasmanians by redacting it.

The Premier has staked his leadership on this reckless
project, which Government reports prove will be an absolute dud. He then tried
to hide the truth from Tasmanians, and continued misleading them about the
stadium helping the Government to invest more into essential services.

The stadium is a reckless waste of $1 billion of public money when there are so many other higher priorities that need investment.

Rebecca White MP

Tasmanian Labor Leader

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