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Brisbane has been selected as the host of the 2020 Australian PGA Championship, as well as the next two tournaments.
The major golfing tournament was last played in Brisbane nearly 20 years ago, in 2001, and most recently was held at the Gold Coast in December.
To be held at the Royal Queensland Golf Club, Brisbane will also have hosting rights for the 2021 and 2022 championships as part of a new agreement.
PGA Australia chief executive Gavin Kirkman said he was "incredibly excited" to bring the golfing tournament to the state's capital, which is co-sanctioned with the European Tour.
"We’re incredibly excited to return to Brisbane and the Royal Queensland Golf Club to celebrate a milestone anniversary of one of the country’s most treasured golf courses," Mr Kirkman said.
"Royal Queensland Golf Club is a rich breeding ground which has unearthed a number of PGA professionals, including one of the game’s icons, Greg Norman.
"We look forward to celebrating the club’s history with our flagship event."
Gold Coast mayor Tom Tate said he was disappointed the Gold Coast had lost out, after nearly 20 years of hosting the landmark event, but wished the PGA "every success".
"It was a team effort to make this event world class," he said.
"This has enabled the PGA the opportunity to negotiate the European Tour sanction, which resulted in the increase of the TV audience into Europe of around 400 million viewers.
"Future major event partners should view the Gold Coast as an opportunity to increase and receive goodwill from our city. We’ve done it before and we’ll do it again."
Tourism Industry Development Minister Kate Jones said the tournament would celebrate the Royal Queensland Golf Club's 100th year.
"Royal Queensland is steeped in history and boasts golf royalty like Charlie Earp, Greg Norman and Adam Scott among its members, so will make an ideal host for the 2020 Australian PGA Championship," Ms Jones said.
President of the Royal Queensland, Andrew Greville, also welcomed the news.
"Royal Queensland Golf Club is eagerly anticipating the opportunity to host the Australian PGA Championship in our 100th year," Mr Greville said.
"We can't wait to welcome the PGA and European Tour professionals and visitors to our wonderful golf course."
The Royal Queensland, at Hamilton, with the course running under the Gateway Bridge, was established in 1920 and granted royal charter the next year.
Brisbane City Council deputy mayor Krista Adams said the tournament would contribute to Brisbane's major events calendar and revenue generated.