Sydney Mardi Gras Gets Cashed Up

Government funding has secured Mardi Gras' immediate financial future.

Government funding has secured Mardi Gras' immediate financial future.

Date: 2-Oct-2008

After years of funding itself through sponsorship arrangements and party ticket sales, the Sydney Mardi Gras has finally secured financial assistance from the New South Wales state government.

POLL: Should taxpayers pay for Mardi Gras? VOTE!

Mardi Gras almost became a thing of the past six years ago when a voluntary administrator discovered organisers were trading while insolvent as they faced debts of $700,000.

Restructuring of the event in the past few years and this new one-year arrangement with the NSW government is set to put Mardi Gras back on the path to a bright future.

In a week where the NSW Premier has warned that the state's economic situation is dire and taxpayer-funded infrastructure projects are at risk, tabloid newspapers such as The Daily Telegraph are reporting that taxpayers are being "forced" to fund the gay event.

Events NSW chief executive Geoff Parmenter has said that the Mardi Gras injects $30 million into the state's economy each year and is a worthy investment.

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4 comments, 57 views, last reply:3-Oct-2008 18:06

Comments:

Well, it’s about friggin time too!!!!!!!

 

“Events NSW chief executive Geoff Parmenter has said that the Mardi Gras injects $30 million into the state's economy each year and is a worthy investment.”

Enough said!!!!

posted by Bunyip on 2-Oct-2008 15:28

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Hmmm!  This brand new posting software takes 1 or 2 goes to get use to.

posted by Bunyip on 2-Oct-2008 15:35

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bout time. i really think that any event that brings in so much money not only for sydney but spills off to the rest of aus should absolutely be supported. it nearly came close to ending and then whod  be complaining.

posted by carpycarpy on 3-Oct-2008 11:43

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Normally I am all about the subject. But dang the guy pictured is worth funding - alone!...LOL

posted by shaney33 on 3-Oct-2008 18:06

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Money, Money, Money!

Should taxpayers help fund the Sydney Mardi Gras?