The Palaszczuk Government has taken a crucial step closer to launching a Queensland bid for the 2032 Olympic and Paralympic Games.
Premier Annastacia Palaszczuk will chair a cross-government Taskforce preparing a detailed study of exactly what a 2032 Olympics and Paralympics would look like.
"This could be the greatest thing that ever happened in Queensland," the Premier said.
"When we join together, we're unstoppable.
"Imagine all levels of government, business and the community united behind the single goal of a Queensland Olympics.
"They'd be the best ever.
"There are many benefits to hosting these games but I want to make sure we know the costs as well."
The value proposition study will:
- Assess the venue and village master plan and transport infrastructure required
- Assess what infrastructure would be prioritised, funded and delivered irrespective of an Olympic Games
- Assess the economic viability and cost-benefits through and detailed economic assessment
- Determine the finding sources including contributions from federal, state and local government as well as private sector
- Determine the overarching value proposition of a 2032 Olympic and Paralympic Games
The Premier said a recent IOC decision allowing a bid from a region rather than a city was 'game-changer' along with continuing to use existing infrastructure.
"This next stage will allow an Olympics that is inclusive of Queensland," the Premier said.
"We delivered a Commonwealth Games that got the world's attention, that was inclusive of cities outside the Gold Coast such as Townsville and Cairns and we delivered them on time and under budget."
The cost of the study is estimated at $10 million but will largely be delivered 'in kind' by existing staff and resources with a minimum of specialist consultants.
It matches $10 million provided by the Federal Government and will build on studies already conducted by the south east Queensland Council of Mayors.
The Premier said all levels of government as well as the corporate sector would have to co-operate.
"Competing in a world class sporting event is all about teamwork and preparation," the Premier said.
"So is delivering a successful bid."
