Brisbane 2032 spending ‘to exceed A$5bn estimate’

Richard Colbeck speaks to the media during the IOC Press Conference ahead of the Tokyo 2020 Olympic Games. (Photo by Dean Mouhtaropoulos/Getty Images)

Australia's sports minister Richard Colbeck has said spending on Brisbane's Summer Olympics in 2032 is likely to exceed the A$5bn ($3.75bn/€3.2bn) original estimate.