Taxpayers could face a massive damages bill and indemnify the International Olympic Committee if government pandemic lockdowns force the Brisbane 2032 Games to be cancelled.
The Brisbane host city principles contract released by the IOC bears similar characteristics to the Tokyo contract that left Japan with little option but to run the 2020 Games despite heavy local opposition.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au