Stadium Project On Track for Cost Blowout

Financing of the proposed Macquarie Point AFL stadium looks increasingly difficult after two hammer blows today.

Labor Shadow Minister for Sport, Josh Willie, confirmed that the $240 million pledged by the federal government is allocated for the Macquarie Point urban renewal project, not the stadium.

“The $240 million the federal government has put forward is for the precinct’,” he stated to interviewers Brent Costelloe and Tim Paine on radio this morning.