Catherine King in the dark on Brisbane Olympic venue costs

Queensland has not yet briefed the federal government on any of the costs of the Brisbane 2032 Olympic venues, stalling the negotiations for funding.

Infrastructure Minister Catherine King. Picture: Elise Kaine

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Queensland has not yet briefed the federal government on any of the costs of the Brisbane 2032 Olympic venues, stalling the negotiations for funding.

Two months after the Liberal National Party government unveiled its 2032 Olympics Delivery plan, federal Infrastructure Minister Catherine King has not received a detailed breakdown of venue costings or their business cases.

Premier David Crisafulli’s plan controversially broke his election promise not to build a new stadium when he vowed to construct a new venue at Victoria Park. He also scrapped a plan for a $2.5bn Brisbane Arena venue, which would have hosted the Olympic swimming and was to be paid for by the federal government.

The Queensland government plan relies on the Commonwealth agreeing to its $2.5bn being shifted to other venues, but those negotiations have stalled.

A spokeswoman for Ms King said the Albanese government was unable to provide a final decision on Olympic costings without all the relevant information.

“We look forward to receiving cost estimates and business cases for newly proposed venues the Queensland government outlined in its 2032 Delivery Plan, which we understand are forthcoming,” the spokeswoman said.

“The Australian government’s final investment decisions will be supported by appropriate project due diligence, consistent with the Intergovernmental Agreement, and (will) occur within the context of our capped funding commitment.”

Before the election, Prime Minister Anthony Albanese and Treasurer Jim Chalmers said the federal government would not provide more than the $2.5bn already promised, and Mr Crisafulli has insisted the venues would be delivered for the already agreed $7.1bn funding envelope. State Deputy Premier Jarrod Bleijie has spoken to Ms King in order to finalise the new agreement.

“The Crisafulli government is progressing the 2032 Delivery Plan after more than 1200 days of state Labor chaos,” a spokesman for Mr Bleijie said. “We will continue to partner with the Australian government on the funding needed to deliver the Games on time and on budget.”

Mr Bleijie confirmed the state would seek 50-50 funding from the federal government to deliver key Olympic transport infrastructure. It is understood this cost could stretch into the billions, with additional infrastructure around Victoria Park possibly costing $1.6bn alone.

After the Olympics, the Victoria Park stadium will become the new home for cricket and AFL and replace the Gabba, which will be knocked down.

Mr Bleijie announced on Tuesday the government had begun formal market-led engagement to sell off and transform the Gabba site and other nearby state land into a “world-class entertainment and housing precinct”.

The Gabba is expected to serve as a secondary Games venue before it is demolished.

The IOC’s Brisbane 2032 co-ordination committee is meeting in the Queensland capital this week, and visited Gold Coast sites on Wednesday.