In short:

Tasmanian developer Dean Coleman’s company, which was involved in the rejected ‘Stadium 2.0’ plan for Hobart, is in liquidation, owing creditors $6 million and $145,000 in unpaid superannuation to employees.

Mr Coleman said the failed stadium project was a “significant” factor in the company’s financial position.

What’s next?

He is currently involved in another development proposal at Regatta Point — a housing project — but has told the ABC that his role is only advisory and communicative.

Stadium 2.0 proponent is bankrupt due to its absurd proposal. Stadium 1.0 proponent - the State of Tasmania - is currently working on achieving bankruptcy. #nonewstadium

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— Roland Browne (@slowguns.bsky.social) July 9, 2026 at 7:11 AM