Australia's Victoria state has withdrawn as host of the 2026 Commonwealth Games due to an enormous enhance within the projected price of staging the occasion.

Victoria Premier Daniel Andrews on Tuesday mentioned his authorities final 12 months agreed to host the following version of the quadrennial occasion "but not at any cost".

He mentioned they'd initially budgeted 2.6 billion Australian {dollars} (£1.4 billion) to stage the Games in 5 regional cities, however latest estimates put the potential price as excessive as 7 billion Australian {dollars} (£3.7 billion).

Andrews instructed a news convention he'd notified Commonwealth Games organisers of his authorities's determination to drag out of the internet hosting contract.

"Today is not about finding fault with those cost estimates," he mentioned, declining to stipulate the explanations for the fee discrepancy.

"Frankly, 6-7 billion Australian dollars for a 12-day sporting event, we are not doing that - that does not represent value for money, that is all costs and no benefit."

The Games had been scheduled for 17 -29 March 2026 within the regional centres of Geelong, Bendigo, Ballarat, Gippsland and Shepparton in regional Victoria.

The state authorities had promoted the multi-city mannequin as a recreation changer, with the 5 regional centres internet hosting 20 sports activities and 9 fully-integrated Para sports activities.

The authorities's web site had beforehand promoted Victoria 2026 as a showcase of "what makes the people of our state tick: our unity, our diversity, our sense of community, our welcoming attitude and our love of sport".

The Commonwealth Games Federation (CGF) has responded with disappointment to the news, saying that the figures being quoted by the Victorian authorities are 50% increased than these which have been suggested to the organising committee for the video games final month.

The CGF mentioned that the state authorities's choices to host the sport throughout a number of cities and add extra sports activities to the video games has added "considerable expense" to the occasion.

They added: "We are disappointed that we were only given eight hours' notice and that no consideration was given to discussing the situation to jointly find solutions prior to this decision being reached by the Government.

"Up till this level, the Government had suggested that adequate funding was accessible to ship the Victoria 2026 Commonwealth Games.

"We are taking advice on the options available to us and remain committed to finding a solution for the Games in 2026 that is in the best interest of our athletes and the wider Commonwealth Sport Movement."

Birmingham stepped in to host the 2022 Games in England to exchange Durban, South Africa.

Victoria state beforehand hosted the 2006 Commonwealth Games in Melbourne.

The final version of the Games held in Australia was on the Gold Coast, Queensland state, in 2018.

The Gold Coast is a part of the southeast Queensland space that's scheduled to host occasions throughout the 2032 Olympics in Brisbane.