Australian governments agree funding split for 2032 Olympics

Published February 17, 2023 1:10 PM

BRISBANE, Australia (AP) — The federal and the Queensland state government in Australia have agreed on an almost 50-50 funding split to build or revamp venues for the 2032 Brisbane Olympics. The total spend is estimated at 7 billion Australian dollars ($4.8 billion). Australian Prime Minister Anthony Albanese visited the Queensland state capital Friday to make the formal announcement. Albanese said in a radio interview that the venues would leave a legacy for the region and “Queensland is such a fantastic tourist destination and this will really showcase the state.” The International Olympic Committee in July 2021 awarded Brisbane and neighboring cities the hosting rights to the 2032 Summer Games.

Article Topic Follows: AP National Sports

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