Organisers of the 2032 Brisbane Olympics have been delivered a wake-up call by Victoria's shock decision to cancel the 2026 Commonwealth Games.
Queensland's LNP opposition has demanded an independent infrastructure delivery authority be created to oversee overall construction and ensure the event is delivered on time and on budget.
While both the state and federal governments insist the future of the 2032 Brisbane Olympics is secure, the opposition says Queensland must learn from the cancellation.
"What we saw play out yesterday in Victoria has to be a wake-up call for every single state government in this country," Opposition Leader David Crisafulli told reporters on Wednesday.
"It's a big deal, not just for Victoria but for our nation as a whole.
"It's a wake-up call that the culture of cost overruns in Queensland has to end."
Premier Annastacia Palaszczuk on Tuesday insisted Queensland was on sound financial footing, a situation she said was "very different" from Victoria.
Ms Palaszczuk said Games funding had already been secured through a $7 billion state and federal deal as organisers rushed to assure taxpayers the Olympics would be cost-neutral.
The opposition remains sceptical that the event will be delivered on budget.
"On behalf of all Queenslanders, we are demanding the Palaszczuk government immediately deliver an independent infrastructure delivery authority that the Games be focused on the generational infrastructure that this state needs and that the culture of cost overruns is ended in the state of nature."
Housing Minister Meaghan Scanlon said Games partners had already agreed to the model put forward and the LNP's call would be costly and add another level of bureaucracy.
"Frankly, I'd rather see that money being spent on social housing," she said.
Ms Scanlon said Queensland was in a strong position and the majority of Games infrastructure had already been delivered.
"Of course, will try and make sure that we minimise costs associated with the Olympics, but it's nine years away," she told reporters.
"We're confident we have the planning in place to make sure that we deliver a successful Olympics that not only is a great event but also delivers in terms of other legacies like housing."
