Tate said he knew the bid was audacious but said it would not have cost ratepayers.
”In simple terms, it seems our Games’ vision doesn’t align with the vision of the state or federal governments,” he said.
Tate said he had been overwhelmed by support from locals, sports administrators, businesses and athletes “all wanting to see the event saved”.
”We also received fantastic support from great Australians like Gina Reinhardt, Gerry Harvey and Katie Page yet we couldn’t generate support from the state or federal governments,” he said.
”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.”
Tate said he would write to Commonwealth Games Federation president Chris Jenkins on Monday to advise him of the decision.
He said the city, which hosted the 2018 Commonwealth Games, would move forward and seek other major sports and festival events.
”I wish the federation success in finding a host for the 2026/27 Games,” he said.