Australia to spend $5 bln on Brisbane Olympics venues ...Middle East

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Australia to spend $5 bln on Brisbane Olympics venues
The Australian federal government and the Queensland state government said on Friday they would spend a combined A$7.1 billion ($4.9 billion) to build new venues and refurbish existing ones ahead of the 2032 Olympics in Brisbane. The federal government will provide A$2.5 billion for the development of Brisbane Arena, a proposed 17,000-seat sports venue, while the Queensland government will fund the A$2.7 billion rebuild of the Gabba cricket ground.

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