Banks ‘did not tip

Weekend Gold Coast Bulletin - - NEWS - KATH­LEEN SKENE BUSI­NESS EDI­TOR

COR­PO­RATE spon­sor­ships were worth $91 mil­lion to the Gold Coast Com­mon­wealth Games — $6 mil­lion more than they hoped for, $20 mil­lion more than was raised in Glas­gow, and $4.1 mil­lion less than was raised in Mel­bourne.

Chair­man Peter Beat­tie yes­ter­day re­vealed the event had at­tracted 68 spon­sors, and lam­basted Aus­tralia’s banks for “not con­tribut­ing a cent”.

Na­tional Aus­tralia Bank and Visa jointly tipped in $20 mil­lion to the Mel­bourne Games in 2006, but Mr Beat­tie was un­able to con­vince any of the big four to come on board the Games train for 2018.

“We did not get one cent from one Aus­tralian bank, not one cent, which I have to say is a mat­ter of ex­tra­or­di­nary irk­some­ness to me,” he told a ma­jor trade con­fer­ence at Broad­beach.

“What we did, be­cause this was the first one of these events that had ever been held in a re­gional city, was go to Syd­ney and Mel­bourne and Bris­bane and mar­ket to the big play­ers.

“Our tar­get was $85 mil­lion, we ac­tu­ally raised $91 mil­lion — we’ve ac­tu­ally ex­ceeded our part­ner­ship in the cor­po­rate sec­tor.”

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