Explosive new budget analysis from the Queensland Government has revealed a massive budget blackhole left by the former State Labor Government to build the Athlete Villages for the 2032 Olympic and Paralympic Games.
It can be revealed today, the athlete villages have blown out to an estimated $3.5 billion. The former Palaszczuk-Miles Labor Government only allocated $155 million to build suburban streets and paths for the proposed villages, leaving a staggering $3.345 billion funding shortfall.
Former Queensland Premier Annastacia Palaszczuk has slammed the planning for the Brisbane Olympics in 2032, after the government claimed it had uncovered a reported $3.5 billion cost to build Olympic villages for the 2032 Olympics in Brisbane.
“When I left, we had a plan,” she said.
“We were sticking to the plan, and the tenders would have been out now for the Gabba, and the planning and construction would have been, well, you know, getting into it now.
“So I’m absolutely shocked at the state of this – If I was at the IOC at the moment, I would be saying, ‘What is going on Brisbane?'”