“When Kevin Rudd announced that Australia would bid for a non-permanent seat on the Security Council Tony Abbott announced his immediate opposition. The bid would be abandoned in the event of a Coalition victory at the 2010 election, he pledged. The total cost was then estimated at perhaps $40 million, though ended up at around $25 million.16 For perspective, the Victorian Government spent $56.7 million to subsidise the Grand Prix in 2012 alone.17.”
