The auditor-general has delivered a scathing report of the state’s handling of the scrapped Commonwealth Games, calling the government’s cost estimates of holding the Games overstated and not transparent.
Victoria’s auditor-general has delivered a scathing assessment of the state’s handling of the scrapped Commonwealth Games, reporting the total cost of the cancelled event will be $589 million and calling the government’s cost estimates of holding the Games overstated and not transparent.
Then Victorian premier Daniel Andrews cancelled the Commonwealth Games in June 2023, citing overblown costs of hosting the event.It found the total cost of cancelling the event, including compensation and the costs of winding down its organisation, would be $589 million.full advice to the government before it decided to host the Games,” VAGO wrote.
“The business case raised the risks associated with hosting the Games.But it underestimated the costs and overstated the benefits.” The Department of Premier and Cabinet and Treasury consistently raised costs and other risks during 2022 and early 2023 but did question the feasibility of the event until June 2023, the report found.
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