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Premier Says Regions Would Benefit From Successful Olympic Bid

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Queensland Premier Annastacia Palaszczuk has confirmed that the Sunshine State is moving ahead with its bid for the 2032 Olympics, saying that the regions would benefit from a successful bid.  

She told media on Tuesday, "Cabinet endorsed us going to the next stage in doing a value proposition assessment to host the Olympics 2032 for Queensland".

The Premier has spoken to Australian Olympic Committee President John Coates, who she said is "very excited".

She stressed that these games must be "inclusive", adding that they must include other regions across the Sunshine State "like we did with the Commonwealth Games".

"We showed very clearly that we can include regional cities, when we did the Commonwealth Games.

The Premier added that the IOC has been impressed by the fact that we hosted that world class event in Queensland, saying "this gives us an upper hand".  

She stressed that regions which did wind up benefiting from a successful 2032 Olympic bid would have to share in the cost.

Ms Palaszczuk expected that a Queensland Olympic Games would also benefit the nation.

She also explained that in terms of a monetary investment and under rule changes "the state can put up what they can afford".  

The Premier will now chair a Government Taskforce to work out exactly what is needed moving forward.  

Sunshine Coast MP Ted O'Brien will spearhead Queensland's 2032 Olympic bid and has said there is 'no time to waste'.  

Mr O'Brien has been appointed the Commonwealth Government's representative to build the bid.

He said his first priority would be to ensure the economic feasibility study and master plan is completed, and the community is engaged

"And while 2032 might seem a long way away, right now, if we play our cards right, we have 'first mover' advantage" he said.  

Mr O'Brien added, "but there is no time to waste, there is an old rule, 'time kills deals'".

He also said he hopes the State Government representative will be announced sooner rather than later, "I would like to know who I'm picking up the phone to speak to on Monday morning from the State Government and my first question really will be, how much funding they can put on the table, because this can only be done in partnership".