Govt rules out more support for Chch stadium blow-out

As Christchurch ratepayers have their say on the future of the city's beleaguered new stadium project, the Prime Minister has made it clear there'll be no more money from central government. The 30,000 seat covered stadium was initially projected to cost $533 million, but ballooning costs mean another $150 million is needed, taking the project to $683 million. The government is contributing $220 million to the project, and the Prime Minister yesterday ruled out providing more support to cover the increasing costs. A large chunk will have to be absorbed by Christchurch ratepayers, an estimated extra $39 a year per household would be needed, pushing up rates bills by $144 a year in total for the stadium. In response to the blowout, the council is now consulting the public on three options; accept the $150 million cost increase, delay and redesign it, or stop the project altogether. Kathryn speaks to Sam MacDonald, Christchurch city councillor and Leeann Watson, chief executive of the Canterbury Employers' Chamber of Commerce.