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History made as the 2032 Olympics goes to Brisbane and Queensland

Australia will host the Olympics for the third time and Paralympics for the second time after Brisbane and South East Queensland secured the 2032 Games.

An ecstatic Prime Minister, Scott Morrison, said securing the Games was a coup for the nation.

“It’s a historic day not just for Brisbane and Queensland, but for the entire country,” the stated. “Only global cities can secure the Olympic Games – so this is fitting recognition for Brisbane’s standing across our region and the world.

“It also marks an important leap forward for Australia as we look toward major events that lock in economic growth and social benefits that will echo for years to come.”

One-horse race but confirmation sparks celebrations

The win was inevitable, given the one-horse race facilitated by the International Olympic Committee (IOC). Nevertheless, the final confirmation last night (Wednesday night) sparked jubilation in Australia.

Australia has previously hosted the games in 1956 (Melbourne) and in 2000 (Sydney).

According to the PM, the impact on Sydney’s hosting of the games more than two decades ago was transformative. Australia could now expect a repeat for Brisbane and communities across Queensland.

“It’s a proud day for Queenslanders and Australians everywhere,” he said.

Sports minister Richard Colbeck said securing the biggest sporting event in the world offered a tantalising goal to any young Australian who dared to dream big.

An Olympics on home soil will inspire young athletes

“If you think of the young sports fans sitting at home today who aspire to be an Olympian – they now have something tangible to aim for – a chance to compete on home soil in just over a decade.

“It’s a huge opportunity. We saw it in 2000 when Cathy Freeman and so many others performed so brilliantly and inspired a new generation of sports stars.”

Colbeck said he believed Brisbane and Queensland would deliver an Olympic and Paralympic Games which were affordable, beneficial and sustainable.

“In the coming years, investment in infrastructure will continue to ensure transport and venues are not just fit for the purpose of the Games, but support future growth in the region and remain shining examples of Australia’s success in staging some of the most important global events.”

Business consultancy KPMG has estimated economic and social benefits at $8.1-billion for Queensland and $17.6-billion for Australia.

Mike Simpson

Mike Simpson has been in the media industry for 25-plus years. He writes on finance, the economy, general business, marketing, travel, lifestyle and motoring.