Australia’s Olympic sports and athletes have received a record-breaking financial boost less than a month out from the Games getting under way in Paris.
Australia’s Olympic sports and athletes have received a record-breaking financial boost less than a month out from the Games in Paris with the Albanese government to announce a two-year $489 million funding package on Friday.
The beefed-up Olympic sports package, to be announced by Prime Minister Anthony Albanese and Sports Minister Anika Wells in Canberra on Friday, will feature a $283 million injection into high-performance sport over the next two years on top of an annual grant of $102.8 million, according to the federal government.
“We’re cheering on all our athletes heading to Paris,” Albanese said. “We are so proud of them and my government is backing Aussie athletes with record funding.”
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