Brisbane has won its bid to be the host city of the 2032 Olympic and Paralympic games
Queensland Premier Annastacia Palaszczuk is in Tokyo for the final pitch, which has been delivered earlier today.
After years of discussions and negotiations, in February the IOC named Brisbane as its preferred bidder.
Now, International Olympic Committee has approved the cities bid for the 2032 tournament.
The IOC’s official announcement in Tokyo tonight confirmed months of speculation that Brisbane was the frontrunner to hold the 2032 Games, beating out the likes of Qatar, Hungary and Korea.
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The city is blessed with a perfect subtropical climate and vibrant urban precincts, so it’s easy to see why it’s so attractive to host the 2032 Summer Olympics.
Brisbane Olympics would be spread across Brisbane, Gold Coast — which hosted the 2018 Commonwealth Games — and Sunshine Coast.
Plans for a riverfront extravaganza and an athletes’ village in paradise – Surfers Paradise.
Organisers expect the event to cost $5 billion.
The massive chunk of that sum will go tooperations for around 11,000 athletes.
Queensland is home to Australia’s largest theme parks and water parks and despite the giant wave pools, close to a billion will be allocated to venues.
Third time Australia plays host
It marks the third time the Olympics will travel down under after first arriving on Aussie shores in Melbourne in 1956 before returning with spectacular success in Sydney in 2000.
A final presentation was given by Queensland Premier Annastacia Palaszczuk and the Australian delegation this evening before the decision was formally announced by the IOC.
Australia’s big bid
Queensland Premier Annastacia Palaszczuk says Queensland would utilise ‘the entire state,’ stating that the games would expand into regional areas including Townsville.
Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.
The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.
The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.
Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.
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On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?
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American home prices are rising at faster pace now than in the last 20-years.
A recent analysis reveals a jaw dropping surge in the cost of American homes.
Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.
On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.
Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.
Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.
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