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Devils in the detail: an economist argues the case for a Tasmanian AFL team – and new stadium

Retrieved on: 
Monday, May 1, 2023

A new stadium is the last of 11 AFL requirements for a Tasmanian club to become the league’s 19th team, joining ten Victorian clubs and two each from the other four states.

Key Points: 
  • A new stadium is the last of 11 AFL requirements for a Tasmanian club to become the league’s 19th team, joining ten Victorian clubs and two each from the other four states.
  • The Tasmanian government wants the stadium, which it will own, to anchor a new “arts and sports” precinct.
  • Without an AFL team and new stadium, Tasmania is likely to still have a homeless problem.
  • In fact, the problem may even be worse without economic activity the new team and stadium will bring.

Economic rationale

    • The rationale for the federal and state governments is that a new stadium is a precondition for a Tasmanian AFL, and that both together will generate $2.2 billion in economic activity over 25 years according to Tasmanian government.
    • The Tasmanian government estimates construction will generate $300 million in economic activity and 4,200 jobs.
    • It expects the stadium when operational to sustain 950 jobs and generate $85 million in economic activity a year.

The case for a Tassie team

    • In assessing this decision, we can’t just consider the business case for the stadium.
    • It’s about the case for a Tasmanian AFL club.
    • The percentage of Tasmanians that only follow the AFL is 35%, compared to the national average of 19%.
    • Read more:
      The Barassi Line: a globally unique divider splitting Australia's footy fans

More than the bottom line

    • It’s sort of a blend of strict financial business and not for profit […] If we wanted just to make money, our model would be quite different.
    • It’s about more than just the bottom line.
    • The entry of the Tassie Devils into the AFL can be justified on economic, social and (most of all) footy grounds.

BIGBIG WON Unveils New Switch, PC Controllers at CES 2023

Retrieved on: 
Thursday, January 5, 2023

The company also unveiled details of two brand-new products at the event, which runs from January 5-8 in Las Vegas.

Key Points: 
  • The company also unveiled details of two brand-new products at the event, which runs from January 5-8 in Las Vegas.
  • The company confirmed that its new BLITZ ELITE Nintendo Switch controller and new-generation Rainbow 2 PC controller would land on the market in 2023.
  • "This CES 2023 is an important point in time for our company," said BIGBIG WON Chief Executive Jiang Kefeng.
  • BIGBIG WON has been approved for an Amazon Vendor Central account and will gradually establish a presence in the European market through Amazon's official direct sales.