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Vic How would you rate Daniel Andrews' performance as Victorian Premier? - Part 7

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Seeds said:
Do you honestly think regional victoria needs 2 billion dollars in big entertainment sports infrastructure? Thats 3 tassie brand new football stadiums worth of sports infrastructure (And a small amount of housing). This spending is for partisan politics purposes. I.e it was promised so it will be delivered. its wasteful even if there was a games. Even more wasteful without it. Even more wasteful considering how inflated comstruction costs are at the moment. Build sports infrastructure when construction and borrowing costs are low if you must. Not when those costs are at record highs
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It really depends in what context you consider these borrowing costs.

Debt servicing rates are not at record highs.
 
Seeds said:
Do you honestly think regional victoria needs 2 billion dollars in big entertainment sports infrastructure? Thats 3 tassie brand new football stadiums worth of sports infrastructure (And a small amount of housing). This spending is for partisan politics purposes. I.e it was promised so it will be delivered. its wasteful even if there was a games. Even more wasteful without it. Even more wasteful considering how inflated comstruction costs are at the moment. Build sports infrastructure when construction and borrowing costs are low if you must. Not when those costs are at record highs.
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They aren't building 2 billion in big sports entertainment infrastructure

And as far as I know, no major works on large stadia etc. have gone ahead.
 
So if we cancel, what entity are we paying the potential 1 billion dollars? The Commonwealth Games federation? Sounds like a lot of cash to pay to a federation of a dying event that won't exist in the near future.

Did South Africa have to pay a fine for cancelling the year of the CG because they hadn't prepared anything?

Victoria jumped in only 4 years before the event and cancelled practically 12 months later because we couldn't deliver it or afford it in a reasonable way.

Just because we are a first world country, Australia can't just throw away billions of dollars to help a dying event stay alive. No other state saw the merit in it either.
 

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Sttew said:
That's not how the CEO of the Commonwealth Games Federation saw it. Who do you believe? Don't answer, as we know
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Good question:
1 A bloke desperately fighting for his job and, probably, his career in sports administration
2. Dan the Despot, who would ultimately be the one responsible for making a silk purse out of a sow's ear
 
HurleyHepsHird said:
Hype.

I'd imagine Victoria would have agreed under much more favourable conditions. Given nobody else wanted and nobody really wants it now.
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You mean hope.

none of us have any idea. But im sure if andrews agreed to fairly favourable conditions they would be telling us about it as part of the damage control.
 
dmac_55 said:
So if we cancel, what entity are we paying the potential 1 billion dollars? The Commonwealth Games federation? Sounds like a lot of cash to pay to a federation of a dying event that won't exist in the near future.

Did South Africa have to pay a fine for cancelling the year of the CG because they hadn't prepared anything?

Victoria jumped in only 4 years before the event and cancelled practically 12 months later because we couldn't deliver it or afford it in a reasonable way.

Just because we are a first world country, Australia can't just throw away billions of dollars to help a dying event stay alive. No other state saw the merit in it either.
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Last May it was all good to go.
This is not a decision that should ever have been had to be made.
Andrews is neck deep in shizen and watching him squirm and squeal at todays presser is simply delicious.
 
The Cryptkeeper said:
It really depends in what context you consider these borrowing costs.

Debt servicing rates are not at record highs.
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They are at 15 years high which is on top of the record high real construction costs. The combination of the two results in extremely poor borrowing conditions for physical investment purposes.

no one should be investing in sports infrastructure right now unless they really need to. With the games gone there is no time urgency on any of this investment. Even if you agree this massive investment is useful (I think a large share of it would be a hard sell economically) you surely would delay this years into the future once construction costs correct and borrowing costs likely come down (literally everyone is forecasting borrowing costs to come down in two years time).
 
One report after the 2018 Gold Coast Commonwealth Games boasted the games created 21,128 full-time equivalent jobs over nine years. Given right now there are around 1.98m people employed full-time in Queensland, that is not a big boost.

The report also suggested the Games would increase Queensland’s economy by $2.5bn over those same nine years. That seems large until you realise that in 2018-19 the annual Queensland economy was $350.4bn.

Worse was that $1.4bn of these benefits was expected to come into the economy from 2018-19 until 2020-21.

I sure hope nothing happened to disrupt that prediction…

From

www.theguardian.com

Good economics or a boondoggle? Too often it’s one rule for sport and another for everything else | Greg Jericho

We routinely ignore the cost of events such as the Commonwealth Games or Formula One because of mythical benefits while fixating on the price tag of good social policy
www.theguardian.com www.theguardian.com
 

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Wooden Robot said:
I said it at the time in Bendigo, they won't happen ... for multiple reasons.
1. Andrews and his cronies are putrid at delivering major projects and don't know the meaning of the word budget and on-time (see tunnel, road, rail projects x 1000). He'll spend, spend, spend for positive publicity of hosting a major event, or sponsoring a national netball team, but the value to Victorians is generally nil.
2. Zero real interest in the games. Despite Jacinta Allan doing virtual cartwheels in her own community about how big they are, no one was going to come to Bendigo to watch bowls or cycling, or Shepparton to watch whatever they had. Pie in the sky stuff.
And let's be honest, there's f*** all else here besides an over-charging art gallery.
She should resign ... has never delivered a project of any sort on time or budget in her life.
3. The 2006 Games in Melbourne were a hive of activity and a major success. Should have been held there, the city was rocking. Splitting up the potential crowd was a disaster waiting to happen.
4. Have attended sports events all over country Victoria, NSW, Tasmania and SA in my time - they don't draw s*t. Other than the odd AFL game. Andrews is a d** for even thinking these would draw people to regional Victoria. But he's enamoured with himself and thinks he can do everything bigger and better than anywhere else and doesn't need to consult widely or, more to the point, consult at all. These games have his grubby paws all over them. And we saw how that worked in COVID. THE MOST LOCKED DOWN IN THE WORLD!

He should have put his ego aside and refrained from even bidding for these Games. And now, he still has his ego front and centre, thinking he's saving people's lives with social housing projects that face it will be over budget and years behind schedule and he is doing all for Victorians. Ripping up a contract and wasting millions is not considering Victorians who are doing it tough. It's just more waste.
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bendigo went to shit the moment the bendigo bombers were resolved
 
HairyO said:
Yes. Everything should be far cheaper in regional Victoria.

But it’s a fair effort for the Socialist Republic to turn a $2b cost in to $8b in a year or 2.
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its not even a year or 2, it’s one month since it was costed at $2.6 billion..

The 6-7 billion is bullshit made up to justify the cancellation.
 
eddiesmith said:
So spending $3 billion + to not get any return is better than spending 3-4 billion and getting huge tourism boost for regional Victoria?

Found another one of Dans advisors 😉
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Where did $3bil come from?
 

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Chief said:
Where did $3bil come from?
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Said he will still spend $2 billion to build the infrastructure that was being built anyway plus the $1 billion to cancel.

Of course it’ll be interesting if they are spending 2 billion or still building the promised infrastructure as both will be very different outcomes…
 
eddiesmith said:
Said he will still spend $2 billion to build the infrastructure that was being built anyway plus the $1 billion to cancel.

Of course it’ll be interesting if they are spending 2 billion or still building the promised infrastructure as both will be very different outcomes…
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So why say $3bil for no return?


Found another one of Moria's boiz! ;)
 
interesting interview with ceo (?) of the cgf on 7.30 just then

asked directly if dan andrews has lied, the ceo offered a long response accusing him of disrespect to the games, its legacy, the athletes and sporting orgs ....... never went close to answering the question ..... and sarah ferguson showed no interest in revisiting it

wasnt sarahs finest moment
 
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