We’re constantly being told by the hotel industry and Brendan Smyth that if only Canberrans spent a fortune on a “world class” convention centre the city’s hotels would be showered with riches. We’re then meant to hope that the hotel owners will give us a piece of the loot by employing more locals and using more goods and services.
The West Australian has a cautionary tale of where this sort of thing ends. (in dismal taxpayer bailed out failure)
If Perth with it’s climate and beaches is having these troubles it doesn’t bear thinking about what would happen in Canberra where we don’t even have an international airport.
If business wants to put the money up for a convention centre I hope the Government would get out of the way and let it get built (maybe even without demanding “contributions” to the ALP and select unions). But I’m buggered if I can see why taxpayers should be risking their money.