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Express Tribune
a day ago
- Business
- Express Tribune
Aus confirms $2.2 billion funding for Brisbane Games
A view of the city skyline of Brisbane, the city which has been awarded the hosting rights for the 2032 Olympic Games. PHOTO: AFP The Australian government has confirmed it will contribute A$3.435 billion ($2.25 billion) towards the A$7.1 billion cost of building the venues for the 2032 Brisbane Olympics, clearing the way for the start of construction. Queensland taxpayers and private finance will provide the balance of the money for the 17 new and upgraded venues for the Summer Games under the funding deal announced by state and federal governments on Thursday. "The Sydney 2000 Games left an incredible legacy and many Australians have memories that have lasted for decades," Federal Infrastructure Minister Catherine King said in a statement. "We are ready to deliver a Brisbane 2032 games that will leave the same incredible legacy for Queensland. "The Australian government's commitment of A$3.4 billion towards the Games venues is the single largest contribution any Australian government has made towards sporting infrastructure in this country." Brisbane was awarded hosting rights for the Games in 2021 but political wrangling over the venues meant the final plans were not decided until March this year. Organising committee chief Andrew Liveris welcomed Thursday's announcement as a "significant shift in forward momentum". "I thank the Australian and Queensland governments for moving swiftly following the Australian government's recent return to office to agree on intergovernmental funding that will ensure physical works can get underway ..." he said. The main stadium, which is estimated to cost A$3.7 billion, will be built in the city's Victoria Park and seat 60,000 during the Olympics and 3,000 more for Australian Rules football and cricket matches after 2032. A new aquatics centre to host the swimming in 2032 will also be built nearby at an estimated cost of A$650 million. "Today's landmark agreement is the beginning of a new partnership that sets the pathway to deliver 2032 as the best Games ever," said Queensland's Deputy Prime Minister Jarrod Bleijie. "We've also launched procurement on four key projects to kickstart the delivery of world-class venues in the delivery plan. "I can also announce that we will start site investigations at Victoria Park for Australia's most exciting sporting precinct that will be home to the new main stadium and the new National Aquatic Centre." Liveris said in May that he did not think any ground would be broken on the two major new venues until the end of 2026. The federal government has already committed A$12.4 billion for local transport improvements that the Queensland government believes are necessary for 2032, the statement said.
Sky News AU
2 days ago
- Business
- Sky News AU
Leaked documents show $3.7bn Olympic stadium will be built in Victoria Park as Queensland Rail proposes new train station
A new train station will be built beside Brisbane's 63,000-seat Olympic stadium in Victoria Park under plans outlined in leaked Queensland government documents. The commercial-in-confidence briefing, obtained by The Courier-Mail, also confirms for the first time the location of the $3.7 billion stadium at the southern end of Victoria Park, near the waterhole at Gilchrist Avenue and adjacent to the existing pedestrian bridge. Queensland Rail has proposed a three-platform train station on the site of the current rollingstock wash facility next to the Inner City Bypass. According to the documents, the station would serve as 'a key component of the precinct's integrated transport solution, enhancing accessibility, supporting future population growth and ensuring long-term economic and social value'. The cost of the station has not been disclosed. Brisbane Arena will now be pursued as a private sector-led development for infrastructure delivery, with state Treasurer David Janetzki announcing the creation of a dedicated Treasury unit. 'I've tasked Queensland Treasury to establish a dedicated unit to attract private capital to help deliver infrastructure projects needed for a growing state,' he said on Tuesday. 'Treasury's transaction team will be up and running by August 1 to explore different models to deliver commercially for investors while delivering for taxpayers.' The Victoria Park stadium location was backed by the independent 100-day review, which recommended the site due to its connections to Brisbane Metro, Exhibition Station, and proximity to Roma Street and Fortitude Valley stations. However, the panel also warned that upgrades would be required at Exhibition Station to handle increased crowds during Games-time events. That advice was given before the announcement of the $650 million National Aquatic Centre, to be built at nearby Centenary Pool. A second pedestrian bridge is planned above the Inner City Bypass to link the stadium with the aquatic facility. A warm-up athletics track will be constructed at the eastern end of Victoria Park, near the busway station. Between the stadium and training area, space has been set aside for broadcast facilities and a holding compound for Opening and Closing Ceremony logistics. Together with an upgrade to the RNA Arena, the development will feature three Olympic venues - with a combined 108,000 seats - within 1.5km of each other. Queensland Transport Minister Brent Mickelberg has acknowledged the precinct will require additional infrastructure investment. 'What we need to do is, we need to design the stadium, stadium infrastructure, and then work out what transport links are required and how to move people in and out of those facilities as quickly as possible,' he said. Exhibition Station is expected to begin year-round services in 2029, following the completion of the Cross River Rail project.
RNZ News
21-05-2025
- Sport
- RNZ News
Olympian Erika Fairweather moves to Auckland
Olympian Erika Fairweather has moved to a new city, with a new coach and new training partners as she sets her sights on getting on the podium in Los Angeles in 2028. Fairweather will be competing her in new home pool - the National Aquatic Centre in Albany - during the national swimming championships. Sports reporter Felicity Reid spoke to Lisa Owen. Tags: To embed this content on your own webpage, cut and paste the following: See terms of use.
