Stadium's estimated cost blows budget by $60m

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Tasmania's Minister for Sport and Events Nic Street discusses Hobart's new waterfront stadium. Video by AAP.

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00:00We know what it's going to deliver, not just for Hobart but for the whole of Tasmania.
00:14$375 million of state government money committed to this project will deliver an AFL team for
00:21Tasmania, which we've been waiting years for.
00:23More than that, we've talked about the fact that this is about so much more than football.
00:28The ability to have conferences here of a scale that we're not able to attract at the minute,
00:33the ability to have a world-class facility right next to the CBD,
00:37and everything that that brings is going to be a terrific investment for Tasmania.

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