{"id":2005474,"date":"2023-08-18T23:34:02","date_gmt":"2023-08-19T03:34:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/australian-state-to-pay-243-million-for-withdrawing-as-2026-commonwealth-games-host\/"},"modified":"2023-08-18T23:36:20","modified_gmt":"2023-08-19T03:36:20","slug":"australian-state-to-pay-243-million-for-withdrawing-as-2026-commonwealth-games-host","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/australian-state-to-pay-243-million-for-withdrawing-as-2026-commonwealth-games-host\/","title":{"rendered":"Australia&#8217;s state to pay $243 million for backing out as 2026 Commonwealth Games host."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Faustralian-state-to-pay-243-million-for-withdrawing-as-2026-commonwealth-games-host%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2005474&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><strong>Sydney\u2064 (Reuters)\u2062 &#8211; Australia&#8217;s Victoria state will pay\u200c A$380 \u200cmillion ($243 million) to Commonwealth Games organisers, Victoria Premier Daniel Andrews said on Saturday, after it withdrew as 2026 event\u200b host \u2062citing \u200da projected cost blowout.<\/strong><\/p>\n<p>Victoria \u200bin July pulled out of hosting the quadrennial multi-sport event, which was to have been held\u2062 in four <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/michigan-gop-lawmakers-demand-investigation-into-whitmer-over-nursing-homes-too-many-similarities-with-new-york\/\" title=\"Michigan GOP Lawmakers Demand Investigation Into Whitmer Over Nursing Homes: \u2018Too Many Similarities\u2019 With New York\">regional hubs<\/a>, with Andrews saying costs could have\u200c ballooned \u2062to more than A$7 billion\u2063 from a budgeted A$2.6 billion.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>The decision has raised the possibility \u200bthat the Games may \u2063not\u200b take place for the first time \u200dsince being cancelled\u2062 due to the Second World\u200c War.<\/p>\n<p>In a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ercot-board-members-to-resign-after-texas-power-disaster\/\" title=\"ERCOT Board Members To Resign After Texas Power Disaster\">joint statement issued<\/a> by Andrews on Saturday, the Commonwealth\u00a0Games Federation,\u00a0Commonwealth\u00a0Games \u2063Federation\u200c Partnerships,\u00a0Commonwealth\u00a0Games Australia and Victoria said\u200c they had \u201csettled \u2062all their disputes regarding the cancellation of the\u2062 multi-hub regional Victoria 2026 Commonwealth Games\u201d.<\/p>\n<p>\u201cThe\u2062 State\u200c of Victoria\u2062 has agreed to pay the Commonwealth Games parties \u2026 AUD \u200d$380 million,\u201d the statement said.<\/p>\n<p>\u201cThe parties also agreed that the multi-hub regional model was more expensive to host than the traditional models.\u201d<\/p>\n<p>The payout \u200bcomes after another\u200b blow was dealt to the long-running event when Canada\u2019s Alberta province earlier this month withdrew its support for a bid for the 2030 Games. \u2064 <\/p>\n<p>($1 = \u200d1.5620 Australian dollars)<\/p>\n<\/p>\n<p>  (Reporting by Sam \u2063McKeith in Sydney; \u200cEditing by Sonali Paul)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/australian-state-to-pay\/attachment\/file-photo-commonwealth-games-closing-ceremony-2\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>Latest News<\/h2>\n<p>Trump picks Tucker over Fox, Elon blocks the block\u2062 button and Rich Men North of Richmond continues\u200c to dominate<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>Interview<\/h2>\n<p>One America\u2019s Jessamyn Dodd \u200csits down with California Senate candidate Eric Early to discuss the rising \u2064crime in the state.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>Breaking News<\/h2>\n<p>Prosecutors announce a major break in the murder \u2064of Microsoft\u200c executive Jared Bridegan. One America\u2019s Taylor Tinsley has the latest.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>Political Update<\/h2>\n<p>President Robert l. peters \u200chas some explaining to \u200cdo while Georgia State Senator Colton \u2062Moore moves to\u200d Defend Trump<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>Technology News<\/h2>\n<p>SAN FRANCISCO (Reuters) &#8211; California\u2019s\u200b autos \u2063regulator said \u2063on Friday it is investigating \u201crecent\u2064 concerning <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/australian-state-to-pay-243-million-for-withdrawing-as-2026-commonwealth-games-host\/\" title=\"Australia's state to pay 3 million for backing out as 2026 Commonwealth Games host.\">incidents\u201d involving autonomous\u200d vehicles operated<\/a> by General Motors\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>Business News<\/h2>\n<p>By Valerie Insinna and Tim Hepher \u2063WASHINGTON \u2062(Reuters) \u2013 JetZero,\u2062 which has\u2064 won U.S. Air Force backing to build a demonstrator \u200dfor\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>Market Update<\/h2>\n<p>By Foo Yun Chee \u200band \u200cSudip Kar-Gupta BRUSSELS (Reuters)\u2062 &#8211; U.S. chipmaker Qualcomm will\u2063 have to seek EU \u200cantitrust approval \u2064for its planned\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>International News<\/h2>\n<p>By David Ljunggren \u2064OTTAWA (Reuters) &#8211; The Canadian \u2063government on \u200dFriday demanded that Meta\u200d lift a \u201creckless\u201d ban on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/california-regulator-probes-crashes-involving-gms-cruise-robotaxis\/\" title=\"California regulator investigates GM's Cruise robotaxis after multiple crashes.\">domestic \u2064news<\/a> from its\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SYDNEY (Reuters) &#8211; Victoria state in Australia will compensate Commonwealth Games organizers with A$380 million ($243 million) after withdrawing as the 2026 host due to anticipated cost escalation. The quadrennial multi-sport event was originally planned to take place in four regional areas.<\/p>\n","protected":false},"author":66,"featured_media":2005475,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2005474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2005474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2005474"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2005474\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2005475"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2005474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2005474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2005474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}