November 03, 2024 01:55 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Andhra Pradesh: Three-year-old girl raped and murdered by relative in Tirupati | Two terrorists killed in encounter with security forces in Kashmir's Anantnag | Bengal: 5-year-old girl raped and murdered in Alipurduar, accused beaten to death by angry villagers | Kashmir: Encounter breaks out between security forces and terrorists in Srinagar | Mumbai Police initiates extradition process to bring back Lawrence Bishnoi's brother Anmol Bishnoi from US
Ahead of Paris Olympics, Australia earmarks 257.5 AUD for sports
Australian Sports
Image Cr: UNI

Ahead of Paris Olympics, Australia earmarks 257.5 AUD for sports

| @indiablooms | 23 Dec 2021, 05:14 pm

Canberra/UNI/Xinhua: The Australian Government made the biggest investment in the country's high-performance sports programmes ahead of the Paris Olympics and Paralympics, said the Minister for Sports of Australia Richard Colbeck.

The Australian Minister for Sports announced funding to the tune of 257.5 million Australian dollars (AUD) ment for National Sporting Organizations (NSOs) from July 1, 2022 till Dec. 2024.

The move comes on the back of Australian athletes winning 17 gold medals at the Tokyo Olympics - equalling the Athens 2004 performance for the country's best-ever haul.

"Our athletes inspired Australians everywhere with their efforts at the delayed Tokyo Olympic and Paralympic Games, and through the Australian Institute of Sport (AIS) this funding provides the perfect platform to perform in Paris," said Colbeck.

"Through this commitment by the Federal Government and via a collaborative process with the AIS, sports are enabled to build their plans in advance for a full summer games cycle, with funding right through until the end of 2024," he said.

NSOs, including Football Australia, Baseball Australia and Basketball Australia, are responsible for developing athletes from community participation through to the elite level.

Previously, NSOs have had to plan their budgets for Olympic and Paralympic games in 12-month cycles.

The government will announce how much funding each NSO will receive in January but Wednesday's announcement earmarked 1.9 million AUD (1.3 million USD) to help Australia's women's football team - the Matildas - prepare for the Paris Olympics after losing the bronze medal match in Tokyo.

It is in addition to 8.83 million AUD (6.3 million USD) over the next two years to support the Matildas in the lead-up to the home World Cup in 2023.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.