How can you tell if hosting the Olympics or Commonwealth games offers value for money? Here are our expert tips
- Written by John Madden, Emeritus Professor, Centre of Policy Studies, Victoria University
Victorian Premier Dan Andrews’ decision to back out of a commitment to host the 2026 Commonwealth Games because it might cost A$6 billion to $7 billion that did “not represent value for money” raises the question: is it even possible to work out the costs and benefits of such major events?
It’s a question still hanging over...