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28 May, 2025
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Federal funds for Brisbane Olympics stalled after arena shift
@Source: smh.com.au
The change meant the $7 billion joint funding agreement between the Albanese and Palaszczuk governments in 2023 needed to be renegotiated. Noting what she called the “positive changes” coming out of the Crisafulli government’s 100-day review, Federal Sports Minister Anika Wells said she was keen to come to a new agreement. “The prime minister wrote to the premier saying, ‘you don’t have to worry about us squibbing on the deal’ – we love the Games, we want to make it a success, but we need to see that detail,” she said. Wells said there had to be value for money to justify the use of federal taxpayer funds, which was something the Albanese government had identified in the Brisbane Arena. “One of the things we loved about the Brisbane Arena is that we could say to people from Karratha or Bendigo, this is something that you can enjoy when you come to Brisbane,” she said.
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