Queensland Premier Annastacia Palaszczuk is pushing for a 50/50 funding split with the federal government to host the potential 2032 Brisbane Olympic Games. On February 24, The International Olympic Committee (IOC) chose Brisbane as the preferred candidate for the 2032 Olympics. If following negotiations with the Games chiefs and the federal government goes well, Brisbane will become the third Australian city to hold an Olympic Games, after Melbourne in 1956 and Sydney in 2000. The operating costs for an Olympic Games is about AUS$4.5 billion (US$3.45 billion), with the IOC contributing AUS$2.5 billion (US$1.94billion), approximately AUS$1 billion (US$777.5 million) from national sponsorship, and AUS$1 billion in ticketing, according to John Coates, the Australian Olympic Committee (AOC) Chief who notes that the Brisbane Games are expected to be much cheaper thanks to the IOC’s new requirements for host cities to use existing infrastructure where possible. “That’s enough to pay for both the …