Australia risks losing elite athletes before the 2032 Brisbane Olympics unless philanthropy can help fill a funding shortfall, according to one non-profit
Sport philanthropy should match that of arts, non-profit saysAustralia risks losing elite athletes before the 2032 Brisbane Olympics unless philanthropic funding can help fill a funding shortfall, according to one of the country’s leading sporting non-profits. New research from the Australian Sports Foundation shows cost-of-living pressures are increasing for elite athletes, along with challenges for their mental health.
The ASF chief executive, Patrick Walker, said the research highlighted how financial realities meant there is a high risk of elite athletes walking away from sport. Walker conceded the top tier of athletes enjoyed relative financial comfort compared with those struggling to establish themselves. But he said the challenge in sport was ensuring Australia’s elite group was not disproportionately coming from families who could afford to support them. “A large proportion of our athletes who come through the pathway system and are able to go on and represent their country do come from higher income families,” he said.
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