Original article by Charlie Peel
The Australian – Page: 7 : 23-Jul-21
The federal government has committed to funding half the cost of the 2032 Brisbane Olympic Games. However, in his first press conference after Brisbane was announced as the host city, Prime Minister Scott Morrison was at pains to stress that the arrangement between the federal and Queensland governments is a "50-50 partnership" rather than a "50-50 funding partnership", with the cost of staging the Brisbane Olympic Games expected to be at least $5 billion. The event is expected to generate around $18 billion in economic benefit.
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET