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The 2032 Olympic Games to be hosted by Brisbane is expected to attract an influx of superyachts to Australia. The venture will put Brisbane on the international map, increasing Australia’s desirability as a destination for superyachts.
The Brisbane River gives superyachts the ability to berth in the city, an attractive advantage for owners who would have been expected to relocate their yacht as their private base when they attend the games. The attraction of superyachts to the region will create many economic and employment opportunities for Queensland and Australia.
David Good, CEO of Superyacht Australia, said, “This is excellent news for Queensland but also for all of Australia and the region with the 2032 Olympics in Brisbane attracting superyachts to the South Pacific. We would expect many of Australia's top destinations to benefit economically. We are also fortunate to have world-class refit and repair yards in Australia to service the vessels from the global fleet while they visit our region.”
Australia last hosted the Summer Olympic Games in Sydney in 2000, attracting superyachts from around the globe, as did London in 2012. Both host cities provided similar opportunities for superyachts to be close to the event locations.
The 2032 Olympics will be hosted over three precincts, with Brisbane as the primary host location, the Gold Coast to the south and Sunshine Coast to the north. Both the Brisbane River and the Gold Coast Spit Masterplan development will provide ample opportunities to host superyachts for the Olympics.
Michael Healy, assistant minister for tourism industry development and Queensland government superyacht representative, said, "The Brisbane Olympic Games will present an outstanding opportunity for our superyacht industry. We see this as being vitally important to the industry's growth, and this announcement will be another huge shot in the arm. The superyacht industry is worth well over a billion dollars to the Queensland economy, through construction, maintenance, berthing and the growing charter sector, not to mention the thousands of jobs in Brisbane and regional centres."
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