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Stadiums Queensland - Queensland Parliament - Queensland ...

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The impacts of such a severe economic downturn on the<br />

sporting franchises, and others who use <strong>Stadiums</strong> <strong>Queensland</strong><br />

venues. are hopefully lessened to some extent in that our<br />

hirers are not required to make a contribution to the costs<br />

of servicing the loans taken out to build the quality venues<br />

which showcase their events. This relieves the hirers of a<br />

considerable overhead, and is only possible because of the<br />

support the <strong>Queensland</strong> Government provides to <strong>Stadiums</strong><br />

<strong>Queensland</strong> in the form of funding to meet these loan<br />

repayments. In addition, some $27 million was expended in<br />

capital works, which included a package of upgrades at Dairy<br />

Farmers Stadium and major refurbishments to the Brisbane<br />

Entertainment Centre. The installation of water harvesting<br />

infrastructure and water efficiency devices across all venues<br />

was also funded as part of the capital works program.<br />

<strong>Stadiums</strong> <strong>Queensland</strong> appreciates the support it receives from<br />

its Minister, the Hon Phil Reeves MP. Mr Reeves was appointed<br />

Minister for Sport in February 2009 and since that time has<br />

been actively engaged in working with <strong>Stadiums</strong> <strong>Queensland</strong><br />

to increase utilisation of our assets, and their ongoing<br />

development as world class venues.<br />

I would also like to thank our dedicated staff, the staff of<br />

AEG Ogden (who operate Suncorp Stadium and the Brisbane<br />

Entertainment Centre on behalf of <strong>Stadiums</strong> <strong>Queensland</strong>) and<br />

Tennis <strong>Queensland</strong> which operates the <strong>Queensland</strong> Tennis<br />

Centre under a lease arrangement with <strong>Stadiums</strong> <strong>Queensland</strong>.<br />

The commitment of <strong>Stadiums</strong> <strong>Queensland</strong> staff and our venue<br />

operators to the service of the almost 3.8 million patrons who<br />

attended our eight sporting and entertainment facilities in the<br />

past year is appreciated. It is important to acknowledge the<br />

part played by the many contractors and partners we work with<br />

who also make a valuable contribution to the overall operation<br />

of our venues and the successful conduct of events.<br />

The coming year will bring with it new challenges, however<br />

<strong>Stadiums</strong> <strong>Queensland</strong> is well placed to respond to changes<br />

within the sporting and entertainment industry and is looking<br />

forward to another year of growth as it commences the<br />

construction of its ninth venue - a new stadium at Carrara which<br />

will be home to the Gold Coast AFL team which is scheduled to<br />

enter the AFL Premiership competition in 2011.<br />

The contribution of the former Minister for Sport, the Hon Judy<br />

Spence MP (2007 – 2009) is also acknowledged. Her support<br />

of <strong>Stadiums</strong> <strong>Queensland</strong> in its quest to improve the facilities at<br />

its venues was greatly appreciated.<br />

I would like to acknowledge the work of the <strong>Stadiums</strong><br />

<strong>Queensland</strong> Board and express appreciation for the valuable<br />

contribution each Director makes to the governance of this<br />

dynamic and expanding enterprise.<br />

Kevin Yearbury<br />

Chief Executive<br />

Annual Report 2008–09<br />

13

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