Premier Peter Malinauskas announced the major win for the state government this afternoon after months of negotiation, and as the international championship has seen record crowds this weekend.

”We have now secured a deal to keep LIV Golf here until 2031,” Malinauskas said.

The deal comes with the option for the state to keep the tournament until 2031, with the latter three years contingent on the redevelopment of a golf course closer to the city in North Adelaide, which will be designed by Greg Norman.

“We want to make it easy for patrons and guests coming from interstate and overseas by having the golf in the CBD on a world championship Greg Norman-designed golf course,” the premier said.

“We will now have something that is globally unique.

“If a kid grows up today in South Australia and say, ‘you know what I want to play on the same course Cam smith does’, they can’t do it. In 2028 they’ll be able to do it, they’ll be able to play where their heroes play.”

Norman said he was up to the unique challenge.

“The hardest thing in the world is to build a balanced golf course and I want all these people here around here at LIV Adelaide to be able to go there and enjoy the golf course,” Norman said.

The government would not provide details on how much the upgrades would cost taxpayers, but said it would be a significant investment, creating a world class golf course right next to the CBD.