Billionaire businessman Clive Palmer says negotiations are continuing with PGA Australia to keep next year's golf championship on Queensland's Sunshine Coast.
The 2012 Australian PGA Championship starts on Thursday at Palmer Coolum Resort.
PGA Australia says it will not be announcing the venue for next year's championship until early next year.
PGA chief executive Brian Thorburn has confirmed it is "extremely likely" this year's event will be the last on the Coast, after disputes over signage and commercial interests with Mr Palmer.
Mr Palmer says it is not the end of the world if the tournament changes venue.
"Golf is an important aspect of our economy, but it's only about 5 per cent of the Australian or the South-East Asian tourist industry," he said.
"We'll do what we can do to keep golf, but we've got to get better attractions and that's why we're moving ahead with the dinosaur park.
"We don't live just for the PGA.
"There's a lot more to happen and I think the PGA's here because it's a good place to be.
"It's a wonderful destination and there's a bigger world out there." Sunshine Coast businesses are appealing to Mr Palmer to do all he can to keep the PGA championship at his Coolum resort.
The president of the Coolum Business and Tourism Association, Neil Mooney, says losing the tournament would be devastating for the local economy.
"Clive - let's keep it here," he said.
"He owns the resort and he might have his reasons why he's doing it but I tell you he isn't doing any favours for anyone in the town of the Sunshine Coast.
"We don't want to lose it - too much money has gone into it ...
taxpayers' money and also ratepayers' money over the years to bring this event here."