The Commonwealth Games Federation (CGF) struggled to find a host before Victoria volunteered in April 2022.
The Commonwealth Games are a multi-sport tournament that take place every four years. They have only ever been cancelled during World War Two.
To be eligible to participate in the games, competitors must be from one of the Commonwealth’s 56 members. Most of the countries in the Commonwealth were once part of the British Empire.
Victorian Premier Daniel Andrews on Tuesday said Victoria had been “happy to help out” when approached to host last year, but “not at any price”.
Organisers had originally estimated the event – hosted across cities including Geelong, Bendigo and Ballarat – would cost A$2.6 billion (£1.4bn; $1.8bn) and the state government had billed it as a boost for the regions.
