State, federal govts strike $7b deal for 2032 Brisbane Olympics

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State, federal govts strike $7b deal for 2032 Brisbane Olympics
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The Queensland Government and UQ are going to put in $44 million each to build the world-class facility at the school's St Lucia campus. Read more about how much the federal government is chipping in for the 2032 Olympics here:

More than 1½ years in the making, the state and federal governments have finally agreed to a $7 billion funding deal for the 2032 Brisbane Olympic and Paralympic Games.

While detailed plans and contracts have yet to be finalised, Palaszczuk said both the 50,000-seat Gabba and 17,000-seat Brisbane Arena, also known as Brisbane Live, would have long-term benefits for Brisbane. “Options include relocating the school to new facilities at the underutilised 11-hectare Coorparoo Secondary College site, which is a short distance away,” Education Minister Grace Grace said.

The current Woolloongabba Priority Development Area will be expanded to encompass more of Woolloongabba and the Stanley Street precinct to South Bank.

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