Several also wanted to see significantly more use of the stadium to give residents better value for money. Cr Mickey Treadwell called the $1.25 million of additional funding in 2026-27, to be followed by a $1.25m increase the next year, a bitter pill to swallow, but necessary. If the Dunedin City Council did not move to tackle stadium debt, it would be responsible for its insolvency down the track, he said. Councillors had earlier been warned keeping equity funding at the status quo risked sending Dunedin Stadium Property Ltd debt from $85m to $194m in 2060. Deputy mayor Cherry Lucas said the additional funding was needed to avoid setting up the stadium to fail.

Source: Otago Daily Times March 04, 2026 21:34 UTC