Commonwealth Games Australia boss Craig Phillips says Victoria could have hosted a pared-back program like Glasgow’s for the same cost of $221.51 million, but the government never considered the option. Glasgow will feature 10 sports at four venues, disappointing athletes from sports axed from the program. Despite the reduced size, Phillips believes the event will still be attractive to athletes, fans, and TV broadcasters.
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Federal election 2025: Spendathon risks Australia’s AAA credit rating in rare rebuke
A rare warning from S&P Global has cast doubt on Labor's economic management claims as their election commitments risk undermining Australia’s AAA credit rating. Treasurer Jim Chalmers highlighted early election costings while challenging the Coalition to disclose cuts affecting essential services; however, S&P cautioned that increasing spending could lead to larger structural deficits and rising debt. The report criticized "off budget" spending practices and noted that combined federal and state deficits are approaching levels unseen...
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