Stakeholders will feel safer investing in the Commonwealth Games if coal prices increase, for Beatie suggests it would be a “shot in the arm for the economy generally but it also means people are more likely to feel happy about buying tickets, actually investing in the Games in different ways” (ABC, 2016). Therefore, the potential revenue and economic stimulation outweigh the massive costs of running the …show more content…
It is the chance to set a new tone for how we present the city to the outside world – to make first impressions; change minds; and make Gold Coasters proud. Despite the extreme budget, it has the potential to improve the city’s local economy, environment and culture while sharing the experience to a cumulative audience of more than 1.5 billion people. Therefore, the Gold Coast residents should not fear that their city will be the next Athens, Greece. The implementation of environmental policies, economic stimuli and the improved infrastructure should buffer any detrimental effect hosting an event will inevitably have, and will surely create a worthy environment for such a world class sporting