Australia withdraws as host of 2026 Commonwealth Games due to ballooning costs

Victoria stated it would not host the 2026 Commonwealth Games, citing potential costs of up to $7 billion compared to initial $2.6 billion budget.
Commonwealth Games Federation expressed disappointment at Victoria's withdrawal as 2026 host.
Rising expenses from multi-city model and added sports contributed to massive cost overruns.
Future of 2026 Commonwealth Games now uncertain; Australia's NSW floated as potential alternative host.
Victoria to redirect funds towards affordable housing and facilities to boost tourism instead of hosting Games.