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Queensland Gets Green Light To Bid For 2032 Olympics

Queensland will move forward with its bid to host the 2032 Olympic Games after cabinet gave the green light on Monday afternoon.

Premier Annastacia Palaszczuk announced the news to reporters, reaffirming her commitment for the games to be inclusive of all Queensland.

A value proposition assessment conducted by the Queensland Government shows 80 percent of the required venues already exist in the state and that the economic outcomes would be far-reaching.

"It can deliver over 120,000 jobs, and the benefits will last for two decades, including in areas such as tourism and trade, making sure that our communities are healthy and active," Palaszczuk said.

The Australian Olympic Comittee has welcomed the news, pointing out the International Olympic Committee will put forward $1.8 billion toward the operating costs of the Games, effectively ensuring the games would be cost-neutral.

“Quite rightly, this was not a decision to be taken in haste. However, we now have the Federal Government, the Queensland Government, the Council of Mayors South East Queensland (COMSEQ) and the AOC joined at the hip to take a Queensland candidature forward," AOC President John Coates AC said in a statement.

Prime Minster Scott Morrison greets Australian Olympic Committee President John Coates, Queensland Premier Annastacia Palaszczuk and Tourism Minister Kate Jones. Pic: AAP

The next stage of the bid planning begins in January and will look at the locations of key infrastructure, including a decision for the main athletics stadium, with Premier Palaszczuk saying two venues were being considered, an upgrade of QEII stadium or turning Albion Park Raceway, currently a dog track, into an athletics stadium.

The bid will likely be presented to the IOC at the Tokyo Games next year, with a decision expected by 2022.

Email the author scmcdonald@networkten.com.au