Olympic athletes, hopefuls, sporting federations, media, fans and family all shared their excitement as the IOC announced it would enter into 'Targeted Dialogue,' with the Brisbane, Queensland candidature.

Dual Water Polo Olympian and Stingers captain Rowie Webster explained what having a home Games would mean for the next generation of athletes, on the Water Polo Australia website.

"I look back on the Sydney 2000 Olympics and that is what inspired me, so for the next generation around the country and around the world to see the best country in the world hosting the Olympics, I think is a really positive step."

Olympic gold and silver medallist, Brooke Hanson, shared that she was especially enthused to have a Games hosted in the state her family calls home. 

Meanwhile, seven-time Equestrian Olympian, Andrew Hoy, said that the possibility of having another Games on home soil, would motivate many eventing riders.

Other athletes like Sydney 2000 gold medallist, Natalie Cook, was keen to chat to her Facebook community about why they're excited for the Games.

Prime Minister, Scott Morrison also shared his support, calling an Olympic Games in Brisbane, a "game-changer," for the state of Queensland.

National sporting federations including Judo, Basketball, Athletics and Softball also took to Twitter to explain what having a home Games would mean to the development of their sport, and its up-and-coming athletes.