It's been Australia's most successful Olympic medal campaign ever - but the Australian Sports Foundation says that only 26 per cent of the Australian Olympians in Paris are receiving support from a sporting body. The remainder have been self-funded to achieve their Olympic dreams.
It's been Australia's most successful Olympic medal campaign ever - but the Australian Sports Foundation says that only 26 per cent of the Australian Olympians in Paris are receiving support from a sporting body. The remainder have been self-funded to achieve their Olympic dreams. The ASF says ongoing financial stability would not only benefit athletes, but boost the national sports results.Over the past two decades he has guided Australia to seven Olympic gold medals.
Athletes in Australia are supported through various channels — targeted government grants, corporate and philanthropic platforms. According to Mr Holloway, there are now more than 1,200 individual athletes, ranging from lower level to elite Olympic level represented on the platform. "That was born out of the Rio 2016 Games, where our remit is to raise funds for the development of sport in Australia. In 2016, we approached the ATO and the government to allow us to have individuals on the platform as well, and with Rio as the catalyst for that. We've been helping individual athletes fundraise since 2016.
According to the Department, since the Tokyo Olympics, the federal government has committed more than $47 million across 36 sporting organisations in dAIS grants.
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