The Australian government has confirmed it will contribute A$3.435 billion ($2.25 billion) towards the A$7.1 billion cost of building the venues for the 2032 Brisbane Olympics, clearing the way for the start of construction.

Queensland taxpayers and private finance will provide the balance of the money for the 17 new and upgraded venues. Read more at straitstimes.com. Read more at straitstimes.com.

Queensland state officials say they have secured a deal with the Australian federal government for the 2032 Olympics in Brisbane that commits 50/50 funding for minor venues and $788 million toward a new main stadium at Brisbane's Victoria Park.