Gold Coast 2018 Commonwealth Games: Biggest Australian event next decade
Posted : Monday, July 30, 2012
"The Gold Coast 2018 Commonwealth Games will be the biggest
event Australia will see in the next decade," Gold Coast
2018 Commonwealth Games Corporation, Chairman, Nigel Chamier
OAM, has told a CEDA audience on the Gold Coast.
The Games will have a positive economic impact worth an
estimated $2 billion, he said.
"The development of the Gold Coast's Health and Knowledge
Precinct which will incorporate the Games Village will create
hundreds of jobs each year of construction," he said.
"In the long-term, the Health and Knowledge Precinct will
generate thousands of permanent jobs in health, knowledge,
innovation and services sectors contributing to the diversification
of the region's economy and reducing a reliance on tourism."
Gold Coast City Council, Mayor, Tom Tate,
discussed the economic development strategies for the Gold Coast
and the legacy that this period of investment and development would
leave. Mayor Tom Tate said the Games were a great motivation and
detailed projects he wanted to see progressed and in place in
advance of the Games.
He spoke about the Gold Coast light rail project - Queensland's
first light rail project - and the plans for a new casino.
He also said it was "no longer a discussion about whether we get
a cruise ship terminal, but where the cruise terminal will be".
Mr Chamier said that preparation for the Games is at the
planning and consulting stage.
He outlined some of the milestones that have been achieved so
- The establishment of the Gold Coast 2018 Commonwealth Games
- The Hon Jann Stuckey's appointment as Minister for the
- The finalisation of the Games Village plan which is aiming to
bring together residential, educational, retail, health,
recreational and business opportunities;
- The Games Corporation has been appointment of the lead agency
for planning, organisation and delivery of the Games; and
- The Games staff moving to permanent offices at Bundall in July
In the next 12 months Mr Chamier said the following key function
areas will be finalised:
- Sports program;
- The look and feel of the Games for marketing and
- Workforce details; and
- The finalisation of the budget.
He also emphasised the scope and scale of the event with over
1.5 million tickets to be available, an expected global TV audience
of 1.5 billion and more than 3000 journalists and photographers who
will deliver close to 100,000 media stories.
"Eighty-seven per cent of the Melbourne 2006 (Commonwealth
Games) expenditure went to local firms and four of the major
infrastructure projects," he said.
"The (Melbourne 2006 Commonwealth) Games exceeded the costs to
the Victorian community with increased investment in capital works,
operational expenditure by all levels of Government and tourist
spending contributing to a positive stimulus of the
KPMG, Managing Partner Gold Coast Private Enterprise,
Paul G Steer, highlighted the Gold Coast is in a strong
economic position to host the 2018 Commonwealth Games.
He said the Gold Coast can position itself in the services
sector and can leverage off mining investment.
With changing global economic conditions, he expects GDP growth
to return to trend over the second half of 2012.
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