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Brisbane 2032 main stadium gets major funding boost from federal, state governments
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President-elect Kirsty Coventry reacts during the handover ceremony of the IOC Presidency at Olympic House in Lausanne, Switzerland, Monday, June 23, 2025. - photo by AP Photo/Laurent Cipriani
BRISBANE, Australia (AP) — 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. “It is about ensuring that when we hand the keys back after the closing ceremony, Queensland has the infrastructure it needs to build on this incredible legacy for decades to come,” King said.