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The bid would be centered on the city of
Brisbane and the Gold Coast and Sunshine Coast beach resort
areas of the southeast of the state, and take place from July 23
to Aug. 8 2032, she told a news conference.
"This is about so much more than a few weeks of sport,"
Palaszczuk added in a statement.
"Hosting the 2032 Olympics and Paralympics could be a
game-changer and deliver 20 years of accelerated opportunity for
our state.
"That's why cabinet has today made the decision to continue
working toward securing a Games – and we will continue to work
closely with our partners to ensure we receive the financial
support we require from all levels of government.
"There's more work to do to ensure we are in a position to put a
compelling case to the International Olympic Committee."
Australia hosted the Olympics in 1956 in Melbourne and again in
Sydney in 2000 but Brisbane's bid to bring the Games to
Queensland in 1992 lost out to Barcelona.
The state has twice hosted the Commonwealth Games -- in Brisbane
in 1982 and the Gold Coast last year -- and Palaszczuk estimated
that up to 80% of the venues required to stage the Olympics were
already in place or would be temporary.
Australia's Prime Minister Scott Morrison is on record as saying
his government would back the bid "all the way" and Palaszczuk
said the Olympics could create 130,000 jobs and boost "tourism
spending" by A$20 million ($13.57 million).
"The world's greatest event provides a platform like no other.
It's an opportunity to showcase Queensland to the rest of the
world," she added.
"Hosting around 11,000 athletes from 206 countries, and an
estimated television audience of 3.2 billion people would see
the world watching Queensland at its best."
There are indications that rival bids for 2032 may come from
Indonesia, India, Spain, Germany, Italy, Britain and Russia,
while North and South Korea are investigating a joint proposal
to bring the Olympics back to the peninsula.
Tokyo will host the Summer Olympics for the second time next
year with Paris locked in for 2024 and a return to Los Angeles
for the third time in 2028 already confirmed.
($1 = 1.4736 Australian dollars)
(Reporting by Nick Mulvenney, editing by Peter Rutherford)
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