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State government had estimated the Games would cost $2.6bn to host across five regional sitesFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastDaniel Andrews has cancelled Victoria’s Commonwealth Games, saying he is not prepared to spend as much as $7bn on “a 12-day sporting event”.On Tuesday morning the premier announced the cancellation, saying the cost had blown out and he would instead be redirecting money to housing and sporting infrastructure in the state.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...