Brisbane 2032 Games: No funding agreement at national cabinet
National cabinet has failed to bring a funding agreement between the federal and state governments for the Brisbane 2032 Games.
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The Brisbane 2032 Olympic and Paralympic Games need to leave a legacy which benefits all of Queensland, not just the capital, Prime Minister Anthony Albanese has said as funding negotiations continue.
Mr Albanese and Premier Annastacia Palaszczuk had not reached an agreement on the funding split between the state and Commonwealth after national cabinet on Friday, but the Prime Minister said to “watch this space”.
The state and federal governments have been at loggerheads over the funding split since the election, after Mr Albanese made it clear he would not accept the 50-50 deal entered into by the then Coalition government in April 2021.
Ms Palaszczuk said she would be speaking to people shortly about a funding deal with the Federal Government for the 2032 Games.
“The Prime Minister’s a very firm supporter of the Olympics in Brisbane and across Queensland,” she said.
Ms Albanese said issues were being worked through.
“Premier Palaszczuk and I are both committed to a very successful Brisbane and Queensland Olympic Games,” he said.
“I want to make sure, and I have the experience of living in Sydney (during the 2000 Olympics), is to make sure it’s not just about the event when it happens in that four weeks – it is about leaving an infrastructure legacy that benefits not just Brisbane, but the whole of Queensland.
“I’m very confident that people will see the Commonwealth and the Queensland Government working together in the interests not just of Queenslanders, but that this is an event that will be great for Australia.”
A proposed revamp of the Gabba stadium has been one of the key sticking points, as the price tag is expected to exceed the $1 billion originally proposed.
The State Government last year provided the Commonwealth with a list of project it wanted agreement on, but the wishlist has yet to be made public.
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