{"id":13199,"date":"2025-07-22T10:56:11","date_gmt":"2025-07-22T10:56:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/13199\/"},"modified":"2025-07-22T10:56:11","modified_gmt":"2025-07-22T10:56:11","slug":"report-finds-2032-brisbane-olympic-and-paralympic-games-could-bring-70-billion-in-economic-opportunities","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/13199\/","title":{"rendered":"Report finds 2032 Brisbane Olympic and Paralympic Games could bring $70 billion in economic opportunities"},"content":{"rendered":"

The potential economic opportunity of the Brisbane 2032 Olympic and Paralympic Games is $70 billion, a new report has estimated.<\/p>\n

The analysis, from Deloitte Access Economics, examined the “catalytic effect” hosting the event could have on Queensland and the nation.<\/p>\n

“This is not an assessment or impact analysis of Brisbane 2032, but rather a provocative thought starter for how economic reforms can lift our growth potential,” the report noted.<\/p>\n

“This study quantifies the economic opportunity that is ours to build over the 20 years from 2032-2052, if we so choose.”<\/p>\n

\"An<\/p>\n

The analysis, from Deloitte Access Economics, examined the “catalytic effect” hosting the Brisbane Olympics and Paralympics could have. (Supplied)<\/p>\n

It estimated over that period, south-east Queensland could see growth of almost $40 billion, with a further $31 billion in positive impacts for regional Queensland and Australia.<\/p>\n

“This uplift will be felt first across the growing south-east Queensland mega region, which will benefit from new connectivity, a healthier and more active workforce, and greater access to international markets for tourism, exports, and foreign direct investment.”<\/p>\n

Games pose ‘potential’ for Queensland<\/p>\n

Olympics Minister Tim Mander said while the report talked about “potential, rather than hard figures”, the opportunities were “undeniable”.<\/p>\n

“There is no doubt that it’s going to be an enormous, enormous economic stimulus to our state and unbelievable opportunities for local businesses and Australian businesses.”<\/p>\n

\"Tim<\/p>\n

Tim Mander says the 2032 Olympic Games will bring “enormous economic stimulus” to Queensland. (AAP Image: Darren England)<\/p>\n

The report’s framework considered three pillars in creating economic opportunity: people, places, and perception.<\/p>\n

It noted reforms to drive a “sustained uplift in physical activity” could drive more than $500 million in “economic activity through cost savings in the healthcare sector”.<\/p>\n

Queensland premier unveils Brisbane’s Olympic stadium plans<\/a><\/p>\n

Queensland Premier David Crisafulli, who promised multiple times not to build a new stadium before the 2024 state election, declared Victoria Park was a “clear” choice.<\/p>\n

Further, the 50,000 volunteers needed for the Games could enhance economic outcomes.<\/p>\n

“Higher labour productivity and additional output from ongoing volunteering, could stimulate an additional $2.4 billion in economic activity overall,” the report read.<\/p>\n

The report estimates infrastructure for the Games, which is also needed for Queensland\u2019s growing population, would lead to a better-connected transport network and generate an estimated $53 billion in additional economic activity.<\/p>\n

“This means someone in the Sunshine Coast can work in Brisbane, business across the state can access an integrated south east market, and a global visitor can access the region for work, play and future investment,” it said.<\/p>\n

Chance to expand tourism<\/p>\n

The report noted the 2024 Paris Olympics received “412 billion engagements” on social media, highlighting an estimated $24 billion opportunity with the world’s focus on Queensland in 2032.<\/p>\n

“A great event tells the world what we can do, and our marketing strategy should invite people to share in it,” the report said.<\/p>\n

“Before, during and after Brisbane 2032, heightened attention should crowd-in tourists, creating opportunities for locals to provide Queensland experiences to the world.”<\/p>\n

\"Senator<\/p>\n

Mark Arbib says the report’s findings are “music” to the ears of the Australian Olympic Committee. (AAP: Penny Bradfield)<\/p>\n

Australian Olympic Committee (AOC) chief executive Mark Arbib said the report clearly outlined the benefits of hosting the Games.<\/p>\n

“It’s music to our ears to hear the economic benefits of volunteering, to hear the economic benefits from sport, that you can see across an economy and across a society when you can lift participation rates, lift volunteering rates, lift health outcomes,” he said.<\/p>\n

AOC president Ian Chesterman acknowledged it was “never a smooth path” to an Olympic Games, but said there had been a “mountain of work” done in the first four years.\u00a0<\/p>\n

“The narrative has now changed from blaming the Olympics to understanding that the infrastructure that’s being built is actually something the city and the region needs,” he said.<\/p>\n

“People are going to come out and just go, ‘wow this is incredible’.”<\/p>\n

A 2021 KPMG report estimated the quantifiable economic and social benefits of the Games to Queensland were $8.1 billion, and $17.1 billion for Australia.<\/p>\n","protected":false},"excerpt":{"rendered":"The potential economic opportunity of the Brisbane 2032 Olympic and Paralympic Games is $70 billion, a new report…\n","protected":false},"author":2,"featured_media":13200,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,14936,14933,99,14934,164,14932,14937,10018,701,14935],"class_list":["post-13199","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-australian-olympic-committee","tag-brisbane-2032","tag-business","tag-deloitte","tag-economy","tag-olympic-games","tag-olympic-venues","tag-olympics","tag-queensland","tag-tim-mander"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/13199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=13199"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/13199\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/13200"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=13199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=13199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=13199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}