❓ Hon Anthony Spagnolo asks about financial responsibility for Perth Park if events underperform or promoters withdraw. The answer outlines risk transfer through contractual negotiations and diversification of event types.
AnsweredQoN 995Legislative Council
Asked
2 December 2025
Member
Portfolio
Deputy Premier; Treasurer; Minister for Transport; Sport and Recreation
QuestionView source ↗
I refer to the ACIL Allen Perth Park Business Case Summary, and I ask: (a) who bears financial responsibility if major events fail to meet attendance expectations or if promoters withdraw after the facility is built?
AnswerView source ↗
Answered
24 February 2026
Responded by
Parliamentary Secretary to the Deputy Premier; Treasurer; Minister for Transport; Sport and Recreation
Response time
7 days
(a) The broad multi-use functionality of Perth Park will involve numerous contractual arrangements between the state operator and promoters, users, community groups and sporting groups. The state will seek to ensure reasonable transfer of financial and other risks as part of those individual contractual negotiations.
The multi-use nature of Perth Park helps to diversify risk across a range of event types, e.g. music concerts, motorsport events, cycling events.
The multi-use nature of Perth Park helps to diversify risk across a range of event types, e.g. music concerts, motorsport events, cycling events.
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