|How do you feel about paying?|
Those supporting the G20 conference coming to Brisbane were generally enthusiastic enough about it that they would pay a quarter to a half of the amount because they saw great benefits. Those who didn't support it focussed on the state of the Queensland government finances, and also that Queensland's government hadn't asked for the conference.
In the latter group there was often a grudging acceptance that the state would have to pay something rather than nothing, so they opted for my bottom figure.
Some also did a "back of the envelope" feasibility study and adopted figures which seemed reasonable given what they expected the benefits to be. Economic benefits seemed to dominate over everything else at the higher end. In the middle respondents were more likely to see the event as being mostly a federal one with some spin-offs for the state.
And at the lower end respondents were likely to see very little benefit to anyone.
$185 million contribution
Half - it should not be seen as a cost but rather an investment which will bring a greater economic return.
$92.5 million contribution
As an international forum the Federal Government should contribute most of the cost. However the Queenslandgovernment should contribute to security and public works that underwrite the meeting - my guesstimate about 1/4 give or take.
$46.25 million contribution
This was a Federal Government initiative and also the meeting is dealing with federal issues and so should bear the majority of the cost. The Qld Govt is also near broke.
$23.125 million contribution
Estimates show our gain would be about $50M. So lets inveswt just half of that.
$10 million contribution
After Queensland's financial standing has been shredded by Bligh and Beattie, such non-essential expenditure can't be afforded.
G20 is a highly expensive national event that should be solely sponsored by the federal govt. It's economic benefits to the state will largely be limited to the week or so it is held and the reported costs will probably totally counterbalance the benefits.