The economic impact of building a 60,000-seat stadium in Perth has been significant.
Optus Stadium has created new opportunities for Perth to host large-scale, world-class events and in its first year broke WA attendances records for football, cricket, soccer, rugby league and concerts. The increased capacity resulted in an increase of 57% for AFL and 57% for cricket attendees and in the first year over 53,000 interstate and overseas visitors spending over $105 million during their stay in Western Australia.
Over the next 29 years Optus Stadium expects to see a 34.4 growth in annual attendees resulting in over 65 million visitors to the Stadium. The flow on effects to the economy include millions dollar contracts with WA companies, more than 1,700 permanent and contract jobs created to support operations and a significant boost to the tourism and the State’s economy.
VenuesWest engaged Deloitte Access Economics to assess the overall economic impact of building Optus Stadium and its first year of operations and the full report can be found below.