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Arena Olympic guarantee as new federal funding deal reached

Summary by Sydney Morning Herald
The new Gabba Arena will be under construction next year, the deputy premier promised on Thursday as a new intergovernmental funding agreement was announced.

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Queensland state officials said Thursday that they had secured an agreement with the federal government for the 2032 Olympics in Brisbane, committing 50-50 funding for smaller headquarters and $1.2 billion (US$788 million) for a new main stadium in Brisbane's Victoria Park.

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Sydney Morning Herald broke the news in Sydney, Australia on Thursday, July 3, 2025.
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