Overview
- The Going for Gold report by Deloitte Access Economics links the $70.7 billion forecast to coordinated public and private sector reforms aimed at boosting productivity and international investment.
- Between 2032 and 2052, the Games are set to deliver a $39.5 billion uplift to Greater Brisbane, with Queensland’s regions and the rest of Australia poised to gain $19.3 billion and $11.8 billion respectively.
- The venue blueprint confirmed by the Queensland government designates Victoria Park as the main hub featuring a 63,000-seat stadium under a A$7.1 billion joint funding agreement.
- Organisers plan to follow the IOC’s ‘new norm’ by maximizing existing and temporary facilities to keep costs lower and minimise environmental impact.
- University of Queensland academic Sheranne Fairley cautioned that Olympic budgets frequently overrun, posing a risk to the long-term economic legacy.