“We did our best and that’s all people can expect,” Tate said in a statement.
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.
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“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.
“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.
Andrews claimed circumstances had changed since his government had stepped in to host the Games in April last year.