Comm Games costs outweigh benefits
ADELAIDE’S bid for the 2026 Commonwealth Games is on the brink of collapse because an official report has found the $3.5 billion cost would considerably outweigh the long-term benefits to the state.
The South Australian government is expected to decide the bid’s future as soon as tomorrow morning, when ministers will consider a key report from advisory firm Deloitte which is understood to find the Games would not deliver an economic uplift.
It is understood the Deloitte report finds the total capital and operating cost of staging the Games in Adelaide would be up to $3.5 billion, of which $1.2 billion would be operating costs such as bringing athletes to South Australia, security, road closures and preparatory work.
This is said to be a “high-cost scenario” for the 10-day event, while the lowest possible operating costs of $300 million rely on considerable federal and local government funding.
However, there are said to be major risks to South Australia’s reputation if it stages the Games for this low cost.
Critically, the report finds that the long-term benefits are outweighed by total cost.
The proposed site.