Latest News

Back to Latest News back


ANZ Stadium operators ‘confident’ of $250 million NSW Government redevelopment contribution

ANZ Stadium operators ‘confident’ of $250 million NSW Government redevelopment contribution
November 19, 2014

The operators of Sydney's ANZ Stadium are apparently confident that they will secure NSW Government funding for a proposed major redevelopment of the former Olympic Stadium and its surrounding precinct.

ANZ Stadium's management yesterday (18th November) unveiled plans for a $350 million facelift for the venue including a retractable roof that can close in 20 minutes and moveable grandstands at either end of the stadium to create a rectangular field for rugby union, rugby league and football matches.

The plans also call for for a light rail line to be built between the suburbs of Parramatta and Sydney Olympic Park.

Stadium Australia Operations (SAO) Managing Director Daryl Kerry said the venue had delivered $5 billion to the economy since it was built in 1999, and was continuing to pump money into NSW, stating "we're spending absolutely no time on focussing on what we would do if this doesn't get up.”

Kerry told the ABC that he was in discussions with the NSW Government about a funding model and had "great confidence" it would be successful.

Kerry did not reveal when he expected NSW Government approval, except to say he believed it would be given before next year's election.

ANZ, which funded the development of the Stadium as an Olympic venue and which has a lease for the venue until 2031, has offered to relinquish its rights to the surrounding precinct to allow private investors to develop an entertainment area.

Kerry added “what we have delivered is a complete solution for the Government.”

If agreed and funded, construction is proposed to start after the 2016 NRL Grand Final for completion before the 2018 State of Origin rugby league series.


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.


supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all


Vticket Pty Ltd is the Australian and New Zealand distributor for Gateway Ticketing Systems Inc., the world leader in high-speed access control, admission control and ticketing software for the…

read more

Attractions / Security / Technology / Ticketing / Venues



Lander & Rogers' Sports Business Group is the leading sports law practice in Australia, representing over 150 national and international sporting bodies. Our clients include international…

read more



Worldwide Sports Management

Principal Consultant Simon Weatherill has spent the last 20 years developing the world renowned Melbourne Sports Hub, as former Chief Executive Officer of the State Sports Centres Trust…

read more

Aquatics / Consultants / Recreation / Sport / Venues



Ecoline is a highly experienced and skilled company that offers world-first technology in safety, protects the environment and provides a unique and challenging custom-made adventure and educational…

read more

Attractions / Environment / Safety / Tourism



revolutioniseSPORT is the emerging market leader in online club management in Australia. Whether it is memberships, registrations, events, online sales or governance tools - revolutioniseSPORT is the…

read more

Recreation / Sport / Technology



Myzone is the industry’s leading wearable technology solution. Myzone’s wearable products show and reward effort when you work out. It displays accurate real-time heart rate, calories, and…

read more

Fitness / Sport / Technology / Wellness



iEDM integrate Design, Engineering and Delivery Management services to convert existing spaces into exciting new entertainment venues. Our team consists of highly qualified professionals with diverse…

read more

Consultants / Design



About Priava's Technology -  Priava is a cloud-based and centralised venue and event management system aimed at venues of all sizes. With its familiar and easy-to-use web interface, the…

read more

Attractions / Billing / Entertainment / Events / Technology


get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business