The choice of Brisbane to host the 2032 Olympic Games is promising to deliver massive economic benefits to the city as well as to the Queensland and Australian economies. But The Bug’s finance and investment advice columnist has his eyes on another opportunity of Olympic proportions.

Let’s face facts. Everyone knows that any city hosting the Olympic Games usually ends up going broke.
Brisbane will follow the pattern after the last visitor leaves our shores and the lights are turned off after the closing ceremony at the planned multi-squillion-dollar stadium at The Gabba in 2032.
You can bet that the books of the city and the state of Queensland will be covered in red ink for the decades that follow. Our national budget might well be ruptured as well.
But that doesn’t mean there isn’t a chance for average punters like you and me to make a quid or two before the bin chickens come home to shit all over the front veranda.
Whenever a host city is announced there is inevitably a period afterwards in which the hype and excitement of staging the Games overwhelms the sense of balance and caution that most people usually apply to their personal investment decisions – cryptocurrency backers excepted of course.
The effect is noticeable when a host city is announced for either a Summer Olympics or a Winter Olympics. Which brings me to a key point.
Our wide brown land down under has never bid for, let alone been chosen to host, a Winter Olympics Games.
I’ve never been able to fathom why that’s been the case. I’m not sure if it’s just hesitancy on the part of Australia’s Olympic establishment – blokes like John Coates of the Australian Olympic Committee may perhaps be a tad unimaginative when it comes to pondering the vision of a Winter Games on our island continent.
But not me. The old Morrie has long held dreams of helping to get an Aussie Winter Olympics off the ground.
I’ve now crystallised plans that involve the purchase of an entire abandoned township that can be developed in time for the 2030 Winter Games that are yet to be allocated to any host city by the International Olympic Committee.
But, because I’ve done too many of these sort of deals, I won’t be giving away too much information up front.
So I won’t be identifying the place in question, except to say that, as always, the old advice to “go west” to make a fortune still stands today.
All I will say that at the moment it’s a small ghost town that was once a thriving centre for the local asbestos mining industry.
But I can peer into the future and see a thriving metropolis welcoming international competitors and spectators to its beautiful, glowing, white mountains (which is where some the residual asbestos can play a part) with skiers skiing, bobsleighers bobsleighing, and lugers doing whatever they do which as far as I can tell isn’t much apart from having a kip while doing an impression of a decent-sized turd negotiating a frozen dunny pipe.
Once the Games are done and dusted the city will live on as a top notch ski town.
All it takes is some like-minded investors and a name change and what better moniker than one with a nod to its past. (main picture)
Although my current circumstances, parole provisions, and related commercial litigation make it impossible for me to invest any of my own funds, I’m generous enough to let my fellow Aussie sports fans in on the ground floor.
So I’m asking any astute investors to pony up their hard-earned to help get my plan out of the blocks.
If you want to help, just send a donation — one or two Ks at the bare minimum — to my new fund and I’ll get things moving at my end.
Send a cheque to me via The Bug and make it out to Come And Ski Here.
Bugger it, to save your time and mine, just make it out to CASH.
I’ll be in touch.
DISCLAIMER: Morrison Edison Ponzi Phar-Lap Bezzle, address withheld, is CEO of Win Terra Limb Picks Pty Ltd, non-executive director of Alpine Skiing Inhalants and Stimulants Pty Ltd formerly Alpine Cigarettes Pty Ltd, and chair of Snow Liability Ltd.
