00:00 On top of Footscray's burgeoning new hospital, Daniel Andrews is playing down the $380 million
00:08 Commonwealth Games break fee.
00:10 It's so pleasing that we've been able to have a good faith negotiation and we've been
00:14 able to close these matters out, no further claims, no further litigation, this matter
00:18 is now closed out and settled.
00:20 But why the government relied on figures that were badly wronged to secure the Games is
00:24 far from settled.
00:26 The original business case estimated its budget based on the 2018 Commonwealth Games on the
00:31 Gold Coast, despite the plan for multiple host cities across regional Victoria.
00:36 It states tight timeframes had not permitted a more robust bottom-up approach to determining
00:41 the actual cost because key elements of Games planning were not yet understood.
00:46 Daniel Andrews describes this $380 million settlement as a good deal for Victoria.
00:52 I'd really hate to see a bad deal.
00:54 The true cost of the Games we will never see is still unknown when planning, staff and
00:59 legal costs for pulling the plug on the 12-day event are factored in, on top of the eye-watering
01:04 compensation bill.
01:06 When these matters are finalised then we'll have more to say.
01:09 We're going to pursue the truth no matter what Daniel Andrews and Jacinta Allen try
01:12 to do to stop the truth coming out.
01:15 These will be a Commonwealth Games like no other.
01:17 But unlike the doomed Games announced in 2022, factors such as the war in Ukraine, interest
01:22 rate hikes and so-called hyper-escalation of cost pressures haven't impacted the delivery
01:28 of the $1.5 billion Footscray Hospital pledged in 2018.
01:33 This project is on track, it's on budget, it's a fantastic example of doing something
01:37 really big and significant and getting it done well.
01:41 Seeing one project to fruition while walking away from another.
01:44 [BLANK_AUDIO]
