Read The Times Australia

Daily Bulletin

Why Tasmania’s politicians couldn’t say no to a once-in-a-century AFL opportunity

  • Written by: Tim Harcourt, Industry Professor and Chief Economist, University of Technology Sydney

It is now (almost) official: Tasmania will finally take its place in the Australian Football League (AFL).

Tasmania, a foundation state of the nation’s homegrown game of Australian rules football, has trod a tortuous route, with great drama, over its plan for a 23,000-seat indoor stadium precinct at Macquarie Point on Hobart’s picturesque waterfront.

The state is now on the cusp of realising a dream many footy-loving Tasmanians had long hoped for.

A political battle

To cement the club (known as the Devils, and featuring the state colours of myrtle green, primrose yellow and rose red) as the AFL’s 19th team, Tasmania needed parliament to approve the ambitious and costly project.

It passed the lower house easily (25-9) with the Liberal government and Labor opposition both supporting it.

But it was no sure thing to pass the upper house, with many independents either against the project or unsure about the mooted A$1.13 billion price tag.

For a small state, this is a huge commitment: Tasmania will pay $375 million plus the remainder in borrowings, and costs have already blown out since initial estimates.

The federal government ($240 million) and AFL ($15 million) will also chip in.

As part of the Devils’ licence, the club will receive $360 million from the AFL. Much of this will be earmarked for grassroots investment – upgrades to local grounds, talent pathways and a high performance centre.

By securing the support of independents Bec Thomas, Tania Rattray, Dean Harriss and Casey Hiscutt, there are now enough votes for the stadium precinct to pass.

The final vote is likely to happen late on Thursday or even early on Friday morning.

The Devils will now almost certainly enter the AFL and AFLW in 2028, although the stadium won’t be ready until 2029 at the earliest (the team will play at existing AFL venues in Launceston and Hobart until then).

I analysed the economics

I addressed the state’s Legislative Council sub-committee last week on the economic and social benefits of the team and the stadium precinct.

Rattray and Thomas both asked constructive questions. The Greens, who had grilled others during this emotive debate, were absent from the chamber when I spoke.

The independents were rightly concerned about governance principles, fiscal sustainability and commitment to grass roots as well as elite sports.

The Tasmanian government has committed to all of those areas, enabling them to support the stadium-precinct.

During the lead-up to the vote I delved into the economics of the team and stadium precinct with many people at the heart of the issue. These included Brendon Gale (Devils CEO), Tasmanian Tourism Chair Grant O’Brien, business leader Kelly Elphinstone, Christine Finnegan (CEO of the state’s highly successful basketball team the JackJumpers) and Brad Van Wheely (a sports and technology expert).

I analysed not only at the up-front costs of the team but also the long-term benefits.

Gale told me:

[There will be a huge] economic, financial, social, cultural, psychological uplift […] and also an uplift that gives to the state and to our youth. You know, this gives a reason for people to stay. It gives pathways, jobs, people work productively, pay taxes.

I also drilled into the cost-behefit analysis of the project, the downstream costs and benefits, and the psychological boost of Tasmania having its own team on the national stage.

Another crucial benefit will be the impact an AFL team will have on sports participation in the state and the social capital benefits across Tasmanian regional communities as well as Hobart and Launceston.

I also looked at smart stadium technology and sports innovation, benchmarking across international stadiums as well as the “JackJumper effect” of Tasmania’s basketball team. This would be turbocharged by the Devils, given Tasmanians are some of the most passionate supporters of Aussie rules football.

My conclusion was this was a once-in-a-century opportunity to build a multi-purpose stadium precinct that will host multiple elite sports as well as a range of creative and cultural activities, and business events.

More hard work begins now

The triumph for the Devils and stadium supporters in the Legislative Council finally ends this long saga, and puts the Devils on a smoother path to 2028.

The AFL has long stated the Devils would not go ahead without the new stadium.

Now it has been given the green light, and the Devils can get to work in building the footy side of things ahead of becoming the AFL’s 19th team.

Authors: Tim Harcourt, Industry Professor and Chief Economist, University of Technology Sydney

Read more https://theconversation.com/why-tasmanias-politicians-couldnt-say-no-to-a-once-in-a-century-afl-opportunity-270979

Business News

How Businesses Can Prepare for Unexpected Power Outages

Power failures can occur quickly. The supply may be interrupted by bad weather, issues with the electricity network, damaged equipment or local construction work. This can be just a hassle for a fam...

Daily Bulletin - avatar Daily Bulletin

How Chatswood Tutoring Can Fit Into a Student’s Weekly Routine

Create a Predictable Weekly Structure A consistent weekly routine can make study easier to manage when students are balancing several subjects. Chatswood tutoring can provide a fixed learning point a...

Daily Bulletin - avatar Daily Bulletin

The Rise of Digital Marketplaces in the Australian Trade Sector

For decades, the Australian trade and construction sector operated almost entirely on word-of-mouth recommendations and local community networks. Small business owners typically relied on local newspa...

Daily Bulletin - avatar Daily Bulletin

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Sydney Academy Partnership Targets Talent Development for Travel and Hospitality

VFS Global Academy’s Australian expansion will focus on practical skills and career development thro...

How Strategic Corporate Gifting Boosts Client Retention and Team Morale

As the calendar pushes towards the end of the year, business leaders across Australia begin evalua...

The Importance of Reliable Plumbing Services During Home Renovations

A freshly renovated bathroom can make an ordinary Monday morning feel a little more inviting. The ne...

Backyard Living Options for Campbelltown Homes: What Works Best?

You know that feeling at the end of a long, busy week when all you want is a calm spot outdoors, whe...

Smart Wardrobe Storage Ideas for Small Sydney Apartments and Bedrooms

A well-designed wardrobe is one of the most useful things a home can have. It's meant to keep clothe...

Colorbond Fencing in Australia: Costs, Colours, Rules and What Actually Lasts

Drive through almost any Australian suburb built in the last thirty years and you are looking at the...

Why Your Dental Clinic Is Not Getting Enough New Patient Bookings From Google

Introduction SEO for Dentist is not just about getting a dental clinic to appear somewhere on Goo...

Low Water Pressure in Sunbury: Is the Problem Inside Your Home or Outside It?

Low water pressure is one of those problems that can send a homeowner in the wrong direction. A we...

4 Beige Rugs for Beautiful and Comfortable Wooden Flooring

Wooden flooring already brings warmth and character to a room, but a beige rug can make that found...