Latest news with #2032Olympics
Washington Post
03-07-2025
- Business
- Washington Post
Brisbane 2032 main stadium gets major funding boost from federal, state governments
BRISBANE, Australia — Queensland state officials said Thursday they had secured a deal with the federal government for the 2032 Olympics in Brisbane which commits 50-50 funding for minor venues and 1.2 billion Australian dollars ($788 million) toward a new main stadium at Brisbane's Victoria Park. The federal government is set to invest more than 3.4 billion Australian dollars ($2.23 billion) in the Games — the single largest contribution towards sporting infrastructure in Australia's history, federal Infrastructure Minister Catherine King said.
ABC News
03-07-2025
- Business
- ABC News
Queensland and federal governments strike funding deal for 2032 Olympic and Paralympic Games
A new deal has been struck between the Queensland and federal governments to fund venues — including a major stadium — for the 2032 Olympic and Paralympic Games. Billions of dollars in federal funds initially earmarked for an indoor arena will now go towards minor venues and the new stadium at Victoria Park. Under the new deal, the state and Commonwealth will jointly pay for the construction of minor venues through a 50:50 funding split. About $1.2 billion in federal funds will also go to the new stadium at Victoria Park, while $584 million will be held in reserve to go towards the stadium or minor venues. Deputy Premier Jarrod Bleijie said the deal delivered certainty for infrastructure delivery for the Brisbane Games. "Today's landmark agreement is the beginning of a new partnership that sets the pathway to deliver 2032 as the best Games ever," he said. The state and Commonwealth will stick to the $7.1 billion funding envelope they had previously agreed to. The federal government will continue to chip in $3.435 billion, while the Queensland government will pay the remainder. Federal Infrastructure Minister Catherine King described the federal government's investment as "unprecedented". "Our agreement with Queensland will see both governments work together to deliver 16 new and upgraded venues across the state and a new Brisbane stadium at Victoria Park," she said. The Commonwealth had previously committed $2.5 billion of its funding towards the construction of a new indoor arena at Roma Street. The new LNP state government scrapped the proposal several months ago, instead announcing its desire to deliver a privately-backed indoor arena at Woolloongabba.
Perth Now
06-05-2025
- Business
- Perth Now
Equestrian star set to take over Brisbane 2032 reins
A former actress and equestrian star is set to take centre stage for the Brisbane 2032 Games after landing a major International Olympic Committee role. Mikaela Cojuangco Jaworski will oversee the Brisbane Games' delivery after being unveiled as the new 2032 Olympics co-ordination commission chair. She will replace Kirsty Coventry, who was recently elected as the next IOC president. Organisers have welcomed Ms Jaworski, who is set to chair the next co-ordination commission meeting in Brisbane from May 20 to be attended by Ms Coventry and outgoing IOC president Thomas Bach. "I congratulate Mikaela on her elevation ... and welcome the opportunity to continue to work closely with her and all our co-ordination commission members as our attention shifts from strategy to planning and eventually delivery of our Games in 2032," Brisbane Olympic boss Andrew Liveris said. Ms Jaworski appeared in a number of high profile movies and TV shows in the Philippines but also grabbed the spotlight as an equestrian athlete with close ties to Australia. She trained and competed in Australia during her stellar equestrian career, enjoying a 20-year stint under three-time Olympian Vicki Roycroft. The Australian's guidance helped steer Ms Jaworski to claiming showjumping gold for the Philippines at the 2002 Asian Games and the 2005 Southeast Asian Games. "Mikaela has a deep understanding and history of time in Australia ... and has been a positive and supportive voice as part of Brisbane 2032's co-ordination commission since its formation," Mr Liveris said. "I look forward to welcoming Mikaela and our co-ordination commission to Brisbane this month for our first in-country meeting and the chance to provide detailed updates on our progress." Ms Jaworski, an IOC executive board member since 2020, will take over the Brisbane Games' planning and delivery at a pivotal time. The clock is ticking for the 2032 Games after the Queensland government finally confirmed its venue plan in March, more than 1300 days after Brisbane was named host city. The state government this month introduced a bill to ensure 2032 Olympic sites would be exempt from planning laws as officials race to get the Games venues built in time. An IOC member since 2013, Ms Jaworski takes over the Brisbane reins after serving on the Tokyo 2020 and Paris 2024 coordination bodies and the 2024 and 2028 Games evaluation commissions.
Washington Post
30-01-2025
- Business
- Washington Post
Greg Norman set to join organizing board for 2032 Olympics in Brisbane
BRISBANE, Australia — Greg Norman is set to link up with organizers of the Brisbane 2032 Olympics. Norman, a two-time British Open champion and the only player to lose all four majors in a playoff following 72 holes, has recently been replaced as CEO of LIV Golf by Scott O'Neil ahead of tour's fourth season starting next month.
