as a 2026 Commonwealth Games joint host has ended after Victorian Premier Daniel Andrews announced on Tuesday the state was no longer putting on the event.<\/p>\n
First revealed in April last year, Mr Andrews said the projected cost of the Games have blown out from the initial $2.7 billion budget to \u201c$6 or $7 billion.\u201d<\/p>\n
While confirming many of the major works as part of the Games we\u2019re still going ahead, he said the overall cost was not worth hosting the event.<\/p>\n
\u201cWhen the numbers add up, and they are so much more than we budgeted, then there\u2019s really no choice but to proceed straight to all the legacy benefits,\u201d he said.<\/p>\n
\u201cHousing, stadiums, tourism and major events funds. It\u2019s a big package all within the original budget, as opposed to a Comm Games for 12 days that costs $6 or $7 billion.<\/p>\n
\u201cAt this time, but perhaps at any time really, you can\u2019t justify that.<\/p>\n
\u201cI\u2019ve made a lot of difficult decisions in this job, this is not one of them. This is actually really a straightforward thing.<\/p>\n
\u201cThe Commonwealth Games is a good thing to do, but at any price, any cost? I don\u2019t think so.\u201d<\/p>\n
Along with Ballarat, Geelong, Shepparton and parts of Gippsland, Bendigo was to jointly host the games and put on sports like netball at Red Energy Arena, and lawn bowls at the Bendigo Bowling Club.<\/p>\n
Originally budgeted at $2.7 billion, Mr Andrews said new modelling showed a potential more than doubling in expense.<\/p>\n
\u201cObviously the estimates of what this would cost were not accurate,\u201d he said.<\/p>\n
\u201cA lot of work when into it, there was external advisors, senior officials, the Commonwealth games organising authorities had input, they are after all experts on running Commonwealth Games.<\/p>\n
\u201cBut over time, as we\u2019ve done more and more work, and add up all the costs, and refine all these costings, they have become so much grater than what was budgeted and we just get to a situation where the costs far outweigh the benefits.\u201d<\/p>\n
While the Game are off, some capital works projects in the region that were to form part of the event\u2019s legacy are still set to go ahead.<\/p>\n
They include upgrades to Mars Stadium and an athletics track on the current site of the Ballarat Showgrounds next door.<\/p>\n
\u201cWe can deliver all those upgrades within the existing budget,\u201d Mr Andrews said.<\/p>\n
\u201cThey are commitments we made and those upgrades were not just for the Commonwealth Games, in fact they are very separate to the Commonwealth Games.<\/p>\n
\u201cThere\u2019s a lasting legacy, not just for 12 days but for every day.\u201d<\/p>\n
City of Greater Bendigo mayor Cr Andrea Metcalf said the municipality had been caught off guard by the cancellation.<\/p>\n
\u201cIt was only a couple of weeks ago we were out at the ICE conference at the Four Seasons on how to put in the expression of interest for the Commonwealth Games for businesses, so it\u2019s come out of the blue for us,\u201d she said.<\/p>\n
\u201cThe $2 billion that was already committed to the all the regional cities for the Commonwealth Games is still there so we\u2019re getting exactly what they said they would commit, so that hasn\u2019t changed.<\/p>\n
\u201cThe games are designed for TV, it was going to go right around the world and we\u2019ll miss out on that from a regional cities perspective so it\u2019s disappointing from that aspect but we\u2019ll wait and see what the detail is around that tourism infrastructure spending.\u201d<\/p>\n
Andrew Cooney had taken on the role of local Commonwealth Games head for the City and said the announcement, \u201cwas a hell of a shock and a disappointment, I\u2019ll be honest about that. That\u2019s the first reaction.\u201d<\/p>\n
\u201cAs we\u2019re finding out a little bit more information there\u2019s certainly some confidence that we will get a lot of what we\u2019ve been working towards through the permanent infrastructure builds,\u201d he said.<\/p>\n
Liberal upper house MP for Northen Victoria, Wendy Lovel lashed the State Government announcement.<\/p>\n
\u201cDaniel Andrews\u2019 cancellation of the regional Commonwealth Games is a massive humiliation to Victoria and the decision is hugely damaging to our reputation as a global sporting events leader,\u201d she said.<\/p>\n
\u201cThe Premier\u2019s decision to scrap the Commonwealth Games is proof the Government did not do their due diligence before agreeing to host the Games.<\/p>\n
The decision is evidence the Andrews Labor Government cannot be trusted to properly cost or manage major projects and casts further doubt on Labor\u2019s promise to deliver the infrastructure and tourism packages they announced today.\u201d<\/p>\n