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Cancelling Commonwealth Games disappointing but financially responsible

18 July 2023

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To be attributed to Victorian Chamber of Commerce and Industry Acting Chief Executive Scott Veenker:  

“The Victorian Chamber has constantly and consistently advocated for governments to act in a fiscally responsible manner to get debt under control and to deliver the best possible economic conditions for Victoria. 

“Our members in Regional Victoria will be disappointed that they will no longer be able to host a world class sporting event. Some of these concerns will be alleviated by the substantial $2 billion investment in regional housing, community sport, infrastructure, and tourism. 

“Victorian Chamber members in regional cities including Geelong and Shepparton expressed their concerns about the Commonwealth Games to us at several regional roundtable discussions in recent months. This was in the context of perceived lack of planning foresight and detail, as well as a pattern of cost blowouts on major projects. 

“The Victorian Chamber’s biggest concern is the damage to our global reputation as both a sporting mecca and major event capital and we are already seeing the reverberations of that across the globe. It would have been preferable to have used our existing world-class sporting infrastructure and accommodation and hospitality offerings to propose a reimagined Games which would have ameliorated some of the brand damage associated with non-delivery. 

“The Victorian Chamber appreciates the opportunity to participate in informing the Government’s $2 billion package and will continue to provide feedback and contributions from our members on how that money should be spent to benefit our economy and our regional communities. The Victorian Chamber will engage with our regional members through roundtable discussions over the coming weeks.” 

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