‘I reckon it’s worth it’: Why the millions spent on NYE festivities makes sense

Spending over $4 million on Melbourne’s New Year’s Eve celebrations is worth it, according to Shane McInnes.

Almost 500,000 people are expected to pack the CBD on Sunday night and the 3AW Mornings host said despite the high cost, it was important for the city to put on a show to ring in the new year.

“I hate seeing government waste (money) and while this is literally money going up in smoke, I don’t mind it,” he said.

Click PLAY to hear Shane’s full thoughts on the NYE fireworks

“New Year’s Eve is a celebration.  It’s a time to look forward with anticipation, excitement and hope.”

Deputy Lord Mayor Nick Reece echoed Shane’s thoughts, saying New Year’s Eve was one of the biggest nights for Melbourne’s CBD.

Click PLAY to hear Nick Reece’s full interview on 3AW Mornings