In April 2016, funding of $1.6 billion was announced for the NSW Government’s Rebuilding the Major Stadia Network (2015) program. The biggest investment in sport and major event infrastructure since the 2000 Olympics will drive growth in the visitor economy, realise the economic and social benefits of strong cultural and sporting sector, and support liveability for the people of NSW.
In March 2018, the NSW Government announced that Allianz Stadium would be redeveloped while ANZ Stadium would be refurbished. This will allow them to become world class facilities and ensure Sydney remains the major events capital of Australia.
The project scale recognises the importance of stadia to the NSW economy and community. Key venues like stadia require significant investment to bring them up to contemporary standards to attract and retain quality events that deliver value to the NSW visitor economy.
The Government’s project priorities are:
- A new rectangular Western Sydney Stadium at Parramatta with 30,000 seats
- The redevelopment of Sydney Football Stadium (Allianz Stadium) at Moore Park with 40,000-45,000 seats
- The refurbishment of Stadium Australia (ANZ Stadium) at Sydney Olympic Park with 70,000 seats
- The completion of the Sydney Cricket Ground upgrade
- A new indoor arena for Sydney
- A new outer Western Sydney sporting venue.
The NSW’s Government strategy is to build a network of stadia that delivers diverse sporting and entertainment needs. Establishing the right network of contemporary stadia is critical to attracting big-ticket events and visitors, maintaining a strong NSW brand and generating social and economic benefits. This investment program will provide a mix of contemporary venues of varying sizes that meet user needs and enables NSW to bid for and host a wider range of events.