Live Nation applauds Brisbane Arena plan

The Australian government is to provide $2.5bn (€1.6bn) for the development of the venue as part of a funding deal for the 2032 Olympics

Brisbane, Australia © Kgbo

Live Nation has applauded the announcement of A$7 billion (€4.5bn) funding deal for the 2032 Brisbane Olympics, which will include a new state-of-the-art arena.

The plan, unveiled by Australian PM Anthony Albanese and Queensland premier Annastacia Palaszczuk, will see the federal government provide $2.5bn (€1.6bn) for the development of the 17,000-cap venue.

“That will be a venue that will last for many decades into the future and that will create that economic activity here on an ongoing basis,” says Albanese.

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