# Capture — more than $3 billion

- **Claim filed:** “It is estimated the 2026 Commonwealth Games will contribute more than $3 billion to Victoria’s economy.”
- **Who:** Premier of Victoria / Daniel Andrews, 12 April 2022
- **URL:** https://www.premier.vic.gov.au/regional-victoria-hosting-2026-commonwealth-games
- **Date on page:** 12 April 2022
- **Publisher:** Premier of Victoria
- **Title:** Regional Victoria Hosting 2026 Commonwealth Games
- **Captured:** 2026-08-14
- **Method:** saved HTML (`premier-2022-04-12.html`)

## Verbatim (Premier release)

> It is estimated the 2026 Commonwealth Games will contribute more than $3 billion to Victoria’s economy, creating more than 600 full-time equivalent jobs before the Games, 3,900 jobs during the Games and a further 3,000 jobs beyond the Closing Ceremony.

> Victoria 2026 will also invest significantly in community infrastructure, including housing and world-class sports facilities. This will leave a legacy of affordable housing for the regions and modern sports infrastructure…

## The other meter — VAGO

`vago-withdrawal.html`  
https://www.audit.vic.gov.au/report/withdrawal-2026-commonwealth-games/  
20 March 2024

- Business case underestimated costs and overstated benefits.
- ~20% of predicted benefits: avoided health costs from increased physical activity and civic pride. DTF: speculative and overstated; asked DJSIR to remove them. They stayed in the BCR.
- Updated business case (March 2022): BCR **0.7–1.6**, net cost **$1.5–$2.5 billion**.
- VAGO: if speculative benefits and questionable cost reductions are removed, BCR **0.59 to 0.95**.
- Projects with BCR below 1.0 do not usually proceed.

## What this file does not do

It does not file “sport never pays.” It files a one-way “more than $3 billion” against a band that dipped under 1.