Parliament has approved the establishment of a new state authority to manage Tasmanian stadiums.
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Leader of Government Business in the Legislative Council, Leonie Hiscutt during proceedings on Wednesday said it was recognised that stadium management required a unique set of skills that could not be provided from local and state governments.
"Stadiums Tasmania is being established to bring together the right mix of expertise and resources that will allow each stadium to operate effectively and efficiently," she said.
Ms Hiscutt said the organisation would be modelled differently from a government business enterprise or state-owned company which were usually expected to generate a profit or a dividend.
"This is not realistic for this entity, but the aim is to be as commercial and self-sustaining as possible," she said.
This year's state budget includes an equity contribution of $65 million for the Stadiums Tasmania authority trust to be used on upgrades to UTAS Stadium.
Ms Hiscutt said Infrastructure Tasmania would continue to manage capital works at UTAS Stadium until Stadiums Tasmania was fully operational.
"The scope of works, potential design and final seating capacity for you test stadium is yet to be confirmed," she said. "Infrastructure Tasmania is positioned when deemed appropriate to be responsible for major stadium development projects on behalf of Stadiums Tasmania."
Stadiums Tasmania is expected to assume responsibility for up to four stadiums initially.