The Sydney 2000 Olympics are still costing the Australian taxpayers $42M a year, despite the fact that the private sector is now making a profit out of the SuperDome.
The Sydney Olympic Park reportedly cost $38M in government subsidies last year, with another $37M budgeted for 2005-06.
The NSW Department of Sport and Recreation spent $4.2M of taxpayers' money on the Olympic equestrian, shooting and rowing facilities.
The lesson to be learned here is that whenever a politician tells you that the Olympics will make money, don't believe him!
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