Queensland Premier, Annastacia Palaszczuk pointed out previously that 80 per cent of the venues required for the Olympic Games are ready to go in Queensland. Her statement references the recent 2018 Commonwealth Games held in the Gold Coast and surrounds, for which sporting venues, stadiums and infrastructure have already been developed.
Griffith University also estimates that the Commonwealth Games alone provided a $2.5 billion boost to the Queensland economy.
It is also important to note that these existing developments are not remaining idle post-Games, but are currently being fully utilised by local communities. As the IOC and Olympic Games moves towards sustainable development, Queensland’s strong sporting infrastructure and capability to utilise existing developments is a major advantage.
The Games have in some sense been Queensland’s to lose; in February the IOC named Brisbane as its preferred bidder.
Cities in India, Indonesia, Qatar, Spain and a region of Germany registered their interest but their bids did not advance to the IOC board approval stage.