Olympic Games a 'game-changer' for Queensland: Palaszczuk
Queensland Premier Annastacia Palaszczuk has hailed the International Olympic Committee's (IOC) decision to elevate Brisbane to preferred city for the 2032 Summer Games a "game-changer" for the state.
The 2032 Olympic Games are now Brisbane's to lose after IOC officials named the city preferred candidate to host the global sporting event.
"This is a game-changer ... it will put Brisbane firmly on the world map," Ms Palaszczuk said.
Ms Palaszczuk said regional Queensland would also benefit from a Brisbane Olympics and would probably stage some events.
"We want to include the regions as well. So, of course, with the football, we've been looking at having the matches, of course, up around the different regions."
The premier said the focus would now turn to fine-tuning funding details for the Brisbane bid.
"We have to now go down to the fine print and make sure that we've got all the funding lined up between all levels of government."
Brisbane now has exclusive access to put their case forward to the IOC without competition from other countries - a key advantage in fighting off rival bids from other cities.
Ms Palaszczuk stressed that a Brisbane Games would be able to use existing stadiums and other sporting infrastructure, some of which was built for the Gold Coast Commonwealth Games in 2018.
Ms Palaszczuk said staging the Olympic Games would bring an economic boom for the state, with about 130,000 jobs forecast to be created.
"By 2032 our international borders should be open, there is going to be a jobs bonanza, trade benefits. It is all good for Queensland," she said.
John Coates, president of the Australian Olympic Committee (AOC), said holding the Olympics would essentially cost Queensland nothing, with the IOC promising about $2.5 billion and further costs covered by ticket sales and sponsorship.
"The operating costs for these games is about $4.5 billion. The IOC contributes $2.5 billion," Mr Coates said.
"Then you get your approximately $1 billion from national sponsorship and $1 billion from the ticketing.
"That's enough to pay for both the Olympic and the Paralympic Games without any call on the state or federal or local governments."
Brisbane Lord Mayor Adrian Schrinner said it was the best opportunity for the city and state in generations.
"We have 85 per cent to 90 per cent of the venues in place or opportunity for temporary venues. But this here is the best opportunity that our city, our region and our state has had in generations."
IOC President Thomas Bach said overnight the executive board had unanimously, after long discussion, approved this recommendation.
But he also stressed it was not a final decision.
Mr Coates said - pending final negotiations - the formal exercise of declaring Brisbane the winner will happen at an IOC session as soon as the Tokyo Olympics in July, although with COVID restrictions it may be later in the year.
Matt Carroll, chief executive of the AOC, said the decision meant much detailed work needed to be done but Brisbane was in the box seat to host the 2032 Games.
"It's another step on the process of securing the Games for Queensland and for Australia. But the race is not over yet."
Mr Carroll said the decision enables negotiations between the Queensland bid team and the IOC to intensify.
The key backers of the Brisbane bid - the Queensland government, the council of mayors in south-east Queensland, the AOC and Federal Government - put forward a master plan and met with IOC officials recently.
"You have to keep working hard. We don't want to miss that finish line ... you could say it is ours to lose. But most importantly it's ours to win."
Mr Bach said the Brisbane bid was based around sustainability and involved using many existing facilities.
"The commitment of Australia and Oceania to Olympic sports has grown remarkably since the fantastic Olympic Games Sydney 2000," he said.
"This is why we see such strong public support. We decided to seize an opportunity to take to the next stage our discussions about returning 32 years later."
Federal Sport Minister Richard Colbeck told Today the IOC made the decision after closely scrutinising the Brisbane bid.
"They have spoken to a number of global financial institutions to look at our strength in those areas," Mr Colbeck said.
"The fact that our hotel stock already meets their standards, our transport systems, what we are proposing to do with respect to venues, all of those things have been taken into account as part of this decision, so it puts us in a really good place."
Officials said Brisbane's warm sunny weather, Queensland's long-term planning for improved infrastructure, plans to use existing or temporary infrastructure and Australia's Olympic and sporting heritage had helped it become the preferred city.
Australia's isolation in a post-pandemic world was also cited by IOC officials.
Sydney hosted the 2000 Olympic Games and Melbourne the 1956 event.
The decision means the IOC will now start detailed talks with Brisbane organisers and the Australian Olympic Committee (AOC) over coming months
A report last year said a South East Queensland 2032 Olympic and Paralympic Games would deliver a $36 billion windfall for the state.