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The Gold Coast has pulled its $700 million bid to host the 2026/27 Commonwealth Games after failing to generate support from the state or federal governments.
Gold Coast mayor Tom Tate confirmed the city would no longer peruse its bid to host the Games after the Victorian government pulled out in July due to cost blowouts.
"We did our best and that's all people can expect," Tate said in a statement.
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Tate said a lack of government support was the driving factor behind his decision.
"In simple terms, it seems our Games' vision doesn't align with the vision of the state or federal governments," he said.
"We also received fantastic support from great Australians like Gina Rinehart, Gerry Harvey and Katie Page yet we couldn't generate support from the state or federal governments.
"Our dual proposal with Perth would have saved Australia's tarnished reputation, delivered billions into the national economy and given athletes, and para-athletes, a clear pathway towards other international competitions including the 2028 Los Angeles Olympics and Paralympics and then on to the 2032 Games in Queensland.
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"Sadly, at the same time, our country's reputation as a place that reneges on a global sports contract remains in tatters."
Tate will now write to Commonwealth Games Federation president Chris Jenkins to advise him of the decision.
Former Victorian Premier Daniel Andrews announced he would scrap the Games, which set to be a "predominantly regional" event back in July.
Andrews claimed circumstances had changed since his government had stepped in to host the Games in April last year.
