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A$7.1 Billion Deal Unleashes Brisbane 2032 Venue Construction

Record federal funding is unlocked for Brisbane 2032 venues with early site works starting at Victoria Park under new heritage safeguards

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A view of the city skyline of Brisbane, the city expected to be announced as host for the 2032 Olympic Games, in Brisbane, Australia, July 4, 2021. Picture taken July 4, 2021. REUTERS/Jaimi Joy/File Photo
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Overview

  • Australian and Queensland governments have signed a joint A$7.1 billion agreement to fund Brisbane 2032 venues, unlocking the Commonwealth’s record A$3.435 billion contribution
  • Geotechnical and environmental site investigations are already under way at Victoria Park for the future 63,000-seat main stadium
  • Procurement has opened for four minor venues including Logan and Moreton Bay indoor sports centres, a Sunshine Coast Stadium upgrade and Barlow Park
  • A private-sector procurement process for a 17,000-seat Woolloongabba arena is set to launch by the end of this year
  • Legislation now empowers the Games Infrastructure Authority to override planning laws and resolve any cultural heritage disputes