Following the success of the 2018 Commonwealth Games on the Gold Coast, Queensland, President of the Australian Olympic Committee (AOC) John Coates said he strongly supported a bid from Queensland for the 2032 Summer Olympics and Paralympics. Following speculation, a feasibility study was also commissioned by the Southeast Queensland Council of Mayors with the outcome due back by the end of 2018. A 2019 feasibility study commissioned by South-East Queensland Council of Mayors back in 2016, and investigated by French company Lagardère on South East Queensland's eligibility to host the 2032 Olympic games concluded the region was capable of hosting the event, and that infrastructure and transport upgrades already needed would provide a financial return. The feasibility report notes that 80 per cent of the venues needed for such a bid already exist across the south-east, with others predicted to be constructed before 2032 in line with community needs. The document suggests Brisbane would be host of 21 Olympic venues, the Gold Coast and the Sunshine Coast would both host 5 venues, with the remaining 7 venues to be hosted within the SEQ region. SEQ Mayors including then Brisbane Lord Mayor Graham Quirk made emphasis on the need to make the games cost effective through reusing existing facilities and using the event as a catalyst for infrastructure and job creation. A feasibility study which was published in February forecasted that $900 million of state and federal funds would be needed to help host the 2032 Olympics and Paralympics. On 1 July 2019, Prime Minister Scott Morrison, made an announcement that the Federal government would be officially supporting the Queensland Olympic bid, saying the government "will be there every step of the way". On 13 July 2019, the Prime Minister put forward 10 million dollars towards the bid, as well as nominating Queensland LNP federal MP Ted O'Brien to help with the bid on behalf of the Commonwealth. Queensland Premier Annastacia Palaszczuk announced on 9 December 2019 that the state will make an official and regional bid for the 2032 Olympic Games with proposed dates of 23 July to 8 August. On 24 February 2021, Brisbane was chosen by the IOC to be a preferred candidate city to host the 2032 Olympics.
