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Sunday, 7 August 2011

Problem child Arena to cost more than $480 million

Perth Arena has now been estimated to cost slightly more than $480 million, the Treasurer Christian Porter has stated. It will open midyear, next year, three years after the initial opening date. Poor planning has been the reason for the delay. Mr Waldron is hoping artists like Elton John would be attracted to the venue and has promised it will provide value-for-money for WA taxpayers. Len Buckeridge, from builder BGC, is refusing to pay $45,000 in penalties for failing to meet the completion deadline in July. Opposition leader Eric Ripper has previously said while his party accepted some responsibility for the blowouts and delays, the Liberal Party also was to blame.

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