South-East Queensland could be nominated to host the 2032 Olympic Games with the Queensland and federal governments joining forces to investigate the possibility.
Federal MP Ted O'Brien says the Brisbane and Gold Coast regions are tourism meccas that would appeal to the International Olympic Committee, who will make the final call.
Queensland Premier Anastacia Palaszczuk will chair a new taskforce that will use a $20 million budget to envisage and examine the costs of hosting the event.