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Victorian taxpayers to cough up extra $130 million over Commonwealth Games stuff-up - 9News

Malaysia has now emerged as the frontrunner to rescue the Games with high-level discussions believed to have been under way since last month.

A view of fireworks during the Birmingham 2022 Commonwealth Games Closing Ceremony at Alexander Stadium on August 08, 2022 on the Birmingham, England. (Photo by Stephen Pond/Getty Images)
Victorian taxpayers are set to cough up an extra $130 million for Malaysia to rescue the cancelled Commonwealth Games. (Getty)
It's now been asked to hand over $130 million as a sweetener for the Malaysian government to take on the costly error.

The Commonwealth Games Federation confirmed millions of dollars of "strategic support" would be made available from Victoria's withdrawal settlement.

Premier Jacinta Allan refused to comment on the update, saying it was a matter for the Malaysian government and the Commonwealth Games Federation.

Shadow treasurer Brad Rowswell called the update an "economic bin fire".

"You've got Victorians being slugged $380 million for that money to be offered to Malaysia for them to host the Commonwealth Games, that doesn't pass the pub test," he said.

Premier Jacinta Allan refused to comment on the Commonwealth Games progress. (Nine)

It comes after the state's mid-year financial update on Friday showed Victoria had collected an extra $12 billion in debt in the past six months.

The debt now sits at $126.8 billion and there are warnings it is on track to almost double by 2027.

The number will be mildly offset with the state set to receive an additional $3.7 billion in GST revenue in 2024-25.

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2024-03-12 07:30:59Z
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