Brisbane 2032 Olympics set to boost economy, create jobs

  • By Peter Gordon
  • 29 Jul, 2021

International Olympic Committee members have voted for Brisbane to host the XXXV Olympic Games in 2032, set to deliver $8 billion worth of economic and social benefits across the state.

Brisbane will be the third Australian city to host after Melbourne (1956) and Sydney (2000).

The below video showcases the Brisbane 2032 Master Plan which features events being hosted across greater Brisbane, the Gold Coast, Sunshine Coast, Toowoomba, Townsville and Cairns.

The Master Plan has been developed by Games partners including the state, federal and local governments.

Research by KPMG predicts that hosting the 2032 Games will deliver $8.1 billion in benefits to Queensland including a $4.6 billion economic boost to tourism and trade and $3.5 billion in social improvements such as health, volunteering and community benefits.

The 2032 Games are also expected to support 91,600 full-time equivalent jobs in Queensland and 122,900 nationally.

The IOC ‘new norm’ policy means the Games will fit around Queensland, as 84 per cent of venues are already built or will be temporary.

Some current venues like the Gabba will be refurbished to serve Queenslanders for generations to come while any new infrastructure will have long lasting community benefits.

The global audience reach for the Games will be huge – about four times that of the 2018 Gold Coast Commonwealth Games.

Australian Constructors Association CEO, Jon Davies, welcomed the announcement, saying that the Olympics provides an incredible opportunity for the Queensland Government to showcase innovation and leave a skills legacy.

“This is the longest run up that any host nation has had to deliver the Olympic Games and we must not waste this opportunity,” Mr Davies said.

“Queensland will be the first host nation to deliver an Olympic Games within budget if it engages early with industry to get the planning right.

“We need to plan the right infrastructure and appropriately stage it so we can efficiently deliver the project pipeline.”

Mr Davies said the opportunity is not just about delivering the Olympic Games to time and cost.

“The Olympics really gives us the chance to think big and to create a new legacy that will build Queensland’s workforce capability and capacity and innovation,” Mr Davies said.

“Let’s set skills legacy targets and unleash innovation so we not only deliver high quality infrastructure but set the construction industry on a more sustainable path.

“To realise this opportunity all levels of government need to work together with industry.”

The Australian Constructors Association believes now is the critical time to move forward with the South East Queensland City Deal.

“Now is the time to get the planning right and secure agreement from all levels of government on a forward pipeline of projects that will provide greater certainty for investment,” Mr Davies said.

“With transport infrastructure a key consideration for hosting the Olympic Games, the Games could be a catalyst for the development of visionary infrastructure such as Faster Rail.”

Article courtesy Infrastructure Magazine 23/7/21

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By Peter Gordon April 26, 2023

Quiet simply, the Palms is the place to buy!

The northern beaches of Cairns is the Nation's best location for property investors right now, and The Palms is the premier development in this boom region.

It has the best location being elevated and backing onto the rainforest. It will have amazing facilities with a shopping village, a primary school, parks and green open space, a water park and an expanse of wildlife corridors.

It has taken the developers three years to get planning approval for this unique development to be able to hit the market. There are only 300 lots spread across 85 acres of the best land in The Northern Beaches.  Residents will have an abundance of open space right at their doorstep.  The Palms is also the only Certified Enviro Development project in Far North Queensland.

> Cairns Snapshot

By Peter Gordon April 20, 2023

Sydneysiders and Melburnians, put aside your equally outstanding flat whites for a moment. Stop bickering about whether great beaches beat cool laneways (they do) and desist from debating whether all baristas require waxed moustaches (ideally).

Because Brisbane is closing in on the title of Australia’s best city, and we must join forces to keep this subtropical upstart in its place.

Time  magazine recently named Brisvegas on its “World’s Greatest Places” list, and omitted our cities. It’s a huge shock (and who knew they still published Time  magazine?). But they might be onto something.

Time  points to the 2032 Olympic and Paralympic Games, which will be hosted in the maroon metropolis. Brisbane will do a fine job, even though it’ll baffle the world when rugby league is added to the schedule and Queensland is allowed to field its own team.

Time’s  most radical claim is that Brisbane is worth visiting now, but tourism is surging. Not only did Lin-Manuel Miranda recently drop in to catch Hamilton , but hundreds of Hamilfans flew up to watch his interview with Leigh Sales (presumably unaware that it would subsequently arrive on iView for free).


By Peter Gordon April 6, 2023
This small duplex development just a short drive from Hervey Bay on Queensland’s beautiful Fraser Coast, offers an incredible lifestyle at an affordable price. With unprecedented demand and very limited supply, prices look set to skyrocket.

A leading local agent has appraised each side of these duplex's to be worth $665k on completion and rent for $495 per week. So that is massive potentail instant equity of up to $390K on completion, which is incredibly hard to find.
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