“It’s my understanding that in the contract of Queen's Wharf Brisbane that the consortium that won that contract, Destination Brisbane Consortium, has a clause in their contract either where they build the bridge or they pay the state government $70 million.”

The Neville Bonner Bridge was proposed to run from the fourth floor of the casino and hotel complex at Queen's Wharf across to a small tower with a lift and a set of stairs at South Bank near the Wheel of Brisbane.

Leading cycling groups have slammed the bridge as a big mistake.

Deputy Mayor Adrian Schrinner said the Neville Bonner bridge was a waste of money.

Cr Schrinner said he would prefer Destination Brisbane scrapped the bridge and handed the State Government $70 million so something that worked for all of Brisbane could be delivered.