Cuan Petheram, concerned citizen and taxpayer, has completed a literature review of scholarly research on the economics of new stadiums and sporting teams.
Cuan lives in Hobart with his wife and two children. He has a bachelor and PhD in engineering from the University of Melbourne, is passionate about the outdoors and loves playing all ball sports. He played AFL at high school in country Victoria and while at university in Melbourne.
His findings:
Post-construction peer-reviewed economic analyses of new stadiums and sporting teams unequivocally demonstrate that the Macquarie Point stadium would just be an exorbitantly expensive way to relocate economic activity from elsewhere in Hobart and Tasmania to within 1-2 km of Macquarie Point, without generating any discernible net new economic activity or permanent jobs for the state.