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ABC News
ABC News
National

Hobart stadium at Macquarie Point set to go ahead with federal funding, along with Tasmanian AFL team

AFL Hobart Macquarie Point Tasmania Anthony Albanese Gillon McLachlan Jeremy Rockliff Anna Reynolds Andrew Wilkie Peter Gutwein
The AFL stadium is set to be built at Macquarie Point, near the city centre, at a cost of $715 million. (Supplied: AFL)

Prime Minister Anthony Albanese is set to announce the final $240 million needed for a stadium at Hobart's Macquarie Point, paving the way for the state to receive its own AFL licence.

The ABC understands the prime minister will likely make the announcement this weekend, to be framed as an urban renewal project for the under-utilised industrial site wedged between the Hobart waterfront and the River Derwent.

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