The International Olympic Committee has confirmed the location of the next two Olympic Games, with France and the USA playing host to the event.
This announcement broke the usual traditional by announcing the next two hosts, with the 2024 Games in Paris and the 2028 Games in Los Angeles.
The occasion will coincide with the 100-year marks since Paris last held the Games in 1924.
LA has previously hosted the 1932 and 1984 Games.
The budget for the Paris Games is AU$10 billion, with the LA Games coming in at AU$6.3 billion.
Boston, Budapest, Rome and Hamburg all withdrew from the race for a 2024 bid due to the cost of financing the Games.
The 2020 Olympics is being held in Tokyo, Japan.