The Archdiocese of Sydney is contributing $15 million toward WYD events and denies it will be making a profit from the event. On optimistic days the pilgrim juggernaut is expected to hit 500,000 participants and bring millions of tourist dollars into the state.  

As a topical comparison, Sydney Gay and Lesbian Mardi Gras brings a comparable number of visitors and an estimated $45 million into New South Wales, but attracts zero funding from either the State or Federal Governments. When Clover Moore raised the lack of State funding in Parliament two weeks ago, Iemma directed her to Events NSW, the new coordinating body which is supposed to attract more events to the State. Victorians aren't that far ahead - John Brumby offers the Melbourne equivalent, Midsumma, a token $15,000.

The church has no shortage of corporate sponsors. Listed partners include Qantas, the Commonwealth Bank, Catholic Church Insurances Ltd and Mercedes-Benz. The "song benefactor" is Mineralogy, which owns the Fortescue iron ore lease near Dampier in WA - so we're thinking there'll be a little rock and a little metal.  

Who's Paying For World Youth Day?