Monday, January 26, 2009

Government $25 million for Stadium ?

A source in the building industry tells me that the Government is expected to agree to give $25 million towards the new Stadium.
This makes sense : the Government is looking for infra-structure projects which are ready-to-go, to spend money on so it looks as though it is "doing something" about the economic situation.
This Government money will not reduce the burden on Dunedin ratepayers : it will merely fill in the hole left by the failure of private fund-raising.

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