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WA wants to secure more events with $77 million

Nearly $80 million will go into securing more events for the state, the treasurer revealed in the 2024-2025 budget.

Treasurer and Minister of Tourism Rita Saffioti today presented the budget, which includes $77.5 million to secure blockbuster, major and domestic events.

The $77.5 million will cover a $25 million top-up to the Major Events Fund over the next four years and $3.6 million for a new metro events program.

Ms Saffioti said events were a big draw for interstate visitors.

“We continue to deliver on that promise, having achieved major coups over the past year, including Coldplay, WWE, Italian and women’s football, UFC and international rugby, to name a few,” she said.

Coldplay held two sold-out concerts at Optus Stadium in November, with Perth being the only Australian stop on the international band’s list.

Perth hosted this year’s WWE Elimination Chamber, also held at Optus Stadium.

According to the budget document, the state government aimed to build on the success of recent major tourism events by investing in event tourism.

An increase in service costs over the 2023-2024 budget compared to the 2024-25 budget target is attributed to the increase in funding for the major events programme.

Approximately $74.8 million was allocated in the 2023-2024 budget, compared to the $101.7 million in the 2024-2025 budget target.

The 2024-2025 budget also shows that $44.4 million will be invested in the Major Events Fund over the next four years.