Abc Australia
@abcaustralia·443K subscribers·5K videos
Are the Olympic Games getting more costly than they're worth? | The Business | ABC News
Posted
July 25, 2024
Views
5,183
Likes
32
Engagement
0.62%
July 25, 2024
5,183
32
0.62%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
9:12Now PlayingParis has been touted as a 'cheap' Olympic Games, but researchers have found it still has a cost overrun.
In fact, an Oxford University study says every Olympics since 1960 has come in at more than double the expected cost.
The global sporting event has one of the biggest blowouts on record for any type of megaproject - even nuclear power projects.
The report's co-author, Alex Budzier says Olympic Games infrastructure should become part of the community before and after the games to ensure economic viability.
#ABCBusiness #olympics #paris2024
Read more here:
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here
Watch more ABC News content adfree on ABC iview
Go deeper on our ABC News Indepth channel
Like ABC News on Facebook
Follow ABC News on Instagram
Follow ABC News on X (Twitter)
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
