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Legislative Assembly for the ACT: 2003 Week 6 Hansard (19 June) . . Page.. 2232 ..

1. What components made up the $180,000 loss accrued by the Stadiums Authority following the loss on Celtic Crossroads in 2002?

2. Was the Riverdance production held at Canberra Stadium an "in-house"production, if not, who promoted the event and did it have insurance for adverse weather, like rain, causing cancellation or postponement of the event?

3. On 2CN on Wednesday 11 June you said that neither the Government nor the Stadiums Authority took out insurance for adverse weather, like rain, for Celtic Crossroads, why was the decision taken not to insure against rain?

4. On 2CN on Wednesday 11 June you also said that insurance may not have been sought due to the insurance crisis and costs associated with insurance. Did the Government or the Stadiums Authority receive a quote for insurance against rain for Celtic Crossroads, if so, could documentation please be provided, if not, why not?

5. On 2CN on Wednesday 11 June you also said that the profit from the Riverdance event covered the loss of the Celtic Crossroads event. Please provide documentation showing where Riverdance profits covered the loss from Celtic Crossroads.

6. Did Riverdance cover the 100% loss accumulated by Celtic Crossroads, if not, what percentage did it cover?

7. If Riverdance did not cover 100% of the loss accumulated by Celtic Crossroads would it be correct to say that Riverdance did not return a profit to the people of Canberra either as the profit was used to cover losses in another area?

Mr Quinlan

: The answer to the member's question is as follows:

According to advice I received from the Stadiums Authority:

1. Components of $179,000 loss as follows:

Revenue

$75,000

less

Expenses

$254,000

comprising:

Event management

$13,000

(cleaning, security etc)

Stephen Cole and Associates management fee

$50,000

Lighting and Audio

$50,000

Travel/Airfares/Accommodation

$28,000

Artists fees

$18,000

Scaffolding/structure

$18,000

Event logistics

$ 4,000

Food and Bev service

$ 9,000

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