The Queensland Government confirms plans to build a new 63,000-seater stadium for the 2032 Olympic and Paralympic Games.

A new 60,000-seat stadium and a national aquatics centre will be built in an inner city Brisbane park for the 2032 Olympics, Queensland State Premier David Crisafulli announced on Tuesday as he unveiled the third venue plan for the Games.

Organising Committee President Andrew Liveris discusses the proposed Victoria Park stadium which will cost an estimated $5 billion due to expenses relating to transportation expenses. “I think Australia and inflation across the world and building materials and labor costs is a fact of life for every project including this one,