The Australian and Queensland Governments have today signed the Intergovernmental Agreement that will guide how both Governments collaborate on delivering the Brisbane 2032 Olympic and Paralympic Games.
The Australian Government has allocated a capped contribution of $3.435 billion to the $7.1 billion Games Venue Infrastructure Program, which will see 17 new or upgraded venues delivered across Queensland.
This includes the main 63,000 seat stadium at Victoria Park and the National Aquatic Centre.
The new agreement outlines the conditions under which the Commonwealth's significant contribution can be spent by the Queensland Government, as they work to deliver the Games.
The agreement includes the following requirements that:
- The Queensland Government will manage projects with a view to maintain stakeholder and community support.
- A comprehensive stakeholder engagement plan be developed and delivered for the Victoria Park Precinct and a new Precinct Plan, with a focus on improving access to green space.
- Commonwealth representatives be included on the Brisbane 2032 Organising Committee Board.
The Australian Government will work with the Queensland Government to deliver projects on time and on budget
The formalisation of this landmark partnership comes just weeks after the Games Independent Infrastructure Coordination Authority (GIICA) launched an Expression of Interest (EOI) for a Delivery Partner to support GIICA in the successful delivery of 2032 Games Venue Infrastructure Program. The procurement of a delivery partner is a critical step in delivering venues and getting shovels in the ground on our Games infrastructure program
Registrations of Interest also opened on August 1 for organisations in the design and consultation sector to work with GIICA on the delivery of the 17 new and upgrades venues.
The Intergovernmental Agreement has been reached following project validation work, which determines the Australian Government's final investment, assessing that these projects can be delivered on time and one budget, represent a good use of taxpayer dollars, and will benefit Queensland for decades to come. The venue contribution builds on the Commonwealth's $12.4 billion investment in transport projects in the state that will keep people moving during the Games, as well as for decades after.
This includes critical upgrades to the Bruce Highway from Brisbane to the Sunshine Coast, faster rail from Brisbane to the Gold Coast, and Stage 1 of Direct Sunshine Coast Rail providing a link between Beerwah and Caloundra.
Quotes attributable to Federal Minister for Infrastructure, Transport, Regional Development and Local Government Catherine King:
"With this agreement signed, Queensland is well on the way to hosting one of the best Games ever.
"The Commonwealth's unprecedented funding for Games Venues will see 17 new or upgraded venues, not just for the Brisbane 2032 Olympic and Paralympic Games, but for future generations of Australian sporting heroes.
"Brisbane 2032 must be a Games that everyone can be proud of, that's why I'm pleased our new agreement will ensure local communities are part of the development process, and that organisers look to ensure the Games benefits every corner of the country."
Quotes attributable to Queensland Deputy Premier and Minister for State Development, Infrastructure and Planning and Minister for Industrial Relations Jarrod Bleijie:
"The signing of the new IGA formalises the Crisafulli Government's landmark partnership with the Australian Government which delivers generational Games infrastructure for 2032 and beyond.
"We are grateful for the Australian Government's $3.4 million investment in Queensland and look forward to this partnership which will deliver 17 new and upgraded venues across Queensland including the main Games stadium at Victoria Park.
"This milestone comes as we continue to focus on building the infrastructure needed to deliver the best Games ever and showcase Queensland on the world stage.
"The Queensland Government's investment is part of a record $116,8 billion capital infrastructure pipeline over the next four years supporting critical local infrastructure upgrades across the State.
"A key part of that investment is critical $9 billion Bruce Highway upgrades under a restored 80:20 funding deal secured with the Commonwealth Government earlier this year."
