Costs and Benefits Analysis of 2000 Sydney Olympic Games

The Sydney Olympic Games held in 2000 was perhaps one of Australia's major investments. The event involved Private, Social and External costs and benefits.
The NSW government experienced the Private costs. Financially, the government spent around $1.7 billion dollars on the event, which included the sporting facilities, advancing the city's streets, transport organisation and the village. The takings received for the event, however, was around $6 million. The profits are still being made today, as now Sydney is in possession of world-class amenities capable of holding other major sporting events. …