Canberra Stadium has tweeted that GIO have bought the rights to name the Stadium in Bruce.
— Canberra Stadium (@CanberraStadium) October 24, 2013
Because you wanted to be that little more confused.
According to rumour a knock down price has been negotiated.
UPDATE: Andrew Barr’s statement is now available:
Canberra’s premiere sporting venue has a new naming-rights sponsor. From 1 January 2014 the home of the Canberra Raiders and ACT Brumbies will be known as GIO Stadium Canberra.
The ACT Government and GIO Insurance have entered a commercial arrangement for four years, with the option to extend for another four.
This is the first time the stadium has had a commercial sponsor.
The Government is pleased to welcome GIO, a nationally recognised company, as the naming-rights sponsor.