Brisbane was named the preferred bidder in February and has now been proposed as host by the International Olympic Committee (IOC) executive board.
Several cities and countries had expressed an interest in hosting the Games, including Indonesia, Budapest, China, Doha and Germany's Ruhr Valley.
Members will vote to name the 2032 host on 21 July at the next IOC session.
IOC president Thomas Bach said the Brisbane bid had "strong support across the political spectrum".
"It was a vision for a sustainable and feasible Olympic Games," Bach said.