Matildas gets a big boost in funding ahead of the 2024 Olympics
The Matildas are expected to receive a significant boost in funding from the federal government and secure $ 1.9 million in funds ahead of the 2024 Olympic Games in Paris.
Funding will come in with an additional $ 8.83 million over the next two years to support the Matildas in their 2023 World Cup campaign and other Matildas programs. That means the Australian national team will receive more than $ 10 million over the next three years.
It is part of a larger injection of US $ 257 million into top-class sport ahead of the federal government’s next Olympic and Paralympic Games and forms a long-term funding model for top-class sport in collaboration with the Australian Institute of Sport.
It is the first time that funding has been allocated to elite sports programs for a full cycle of the Olympics. In the past, the sport has worked with 12 month subsidy plans.
“Our athletes have inspired Australians everywhere with their efforts at the postponed Tokyo Olympics and Paralympic Games, and through the Australian Institute of Sport (AIS) this funding provides the perfect platform to perform in Paris,” Minister Colbeck said in a statement on Wednesday.
âThis commitment by the federal government and a cooperation process with AIS enables sport to draw up its plans for a complete summer game cycle with funding until the end of 2024 in advance.
“This is the first time that sport has received funding security from the Olympic and Paralympic Games, and we are proud to have made this commitment to the sustainable success of our high-performance athletes and their support teams.”
Rugby-7, rowing, canoeing, surfing and skateboarding for women are among the other sports that will see significant fund increases ahead of the next Paralympic and Olympic Games. Meanwhile, a package worth $ 82.2 million will be dedicated to future athletes and athletes’ wellbeing.
The womenâs Rugby 7 program will be increased by 39 percent.
Australian Sports Commission Chair Josephine Sukkar AM said it was an exciting time for Australian sport.
“Paris is now only two and a half years away, and our commitment to longer-term success, the green and gold runway to Brisbane 2032, is also paramount,” said Sukkar.
âI would like to thank the Australian Government for sharing the AIS vision and recognizing the value of allocating funds for a full gaming cycle. It’s a great support for the Australian high performance system, the sport and our athletes. “