Games cost now lower

THE cost of a southeast Queensland Olympic Games would be closer to zero than the multibillion-dollars of previous Games, a consultant working on a 2032 bid says.

Craig McLatchey, who is working on a feasibility study for the South East Queensland Council of Mayors, said the net cost of a Queensland Olympics would be a fraction of the more than $26 billion currently being quoted for Tokyo 2020.

“No one wants to spend $17 billion or, as was quoted recently, $26 billion on an Olympic Games,” the sports consultant based in Lausanne Switzerland, said.