Federal Government announces funding package for Paris 2024 Olympics and Paralympics

The Federal Government has today announced ongoing funding for Australian high-performance sport with a $257.5 million investment for national sporting organisations (NSOs) to take them through to the Paris 2024 Olympic and Paralympic Games.

Advising that funding allocations to NSOs provides certainty to athletes as they prepare for Paris 2024, Federal Minister for Sport, Richard Colbeck stated “our athletes inspired Australians everywhere with their efforts at the delayed Tokyo Olympic and Paralympic Games, and through the Australian Institute of Sport this funding provides the perfect platform to perform in Paris.

“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.”

“This will be the first time that sports have received funding certainty so far out from an Olympic and Paralympic Games, and we’re proud to have made that commitment to building sustainable success for our high performance athletes and their support teams.” 

Sports will receive grants for the period 1st July 2022 through until December 2024, with Australia’s Matildas benefiting from $1.9 million dedicated specifically to Paris 2024, and a further $8.83 million over two years to support to Matildas 2023 World Cup campaign and broader Matildas programs.

Increased commitments have also been made to a number of other sports, including women’s rugby 7s, canoe (para and able), rowing (para and able) surfing, skate, combat, equestrian and para table tennis

Through an $82.2 million package dedicated to athletes of the future and athlete wellbeing, the Federal Government is also strongly committed to success at Brisbane 2032.

As a result of these most recent investment decisions, Performance Pathways funding has increased to sports that include softball, baseball, gymnastics, women’s hockey, men’s football and rugby 7s.

Image: Matildas star Ellie Carpenter. Credit: VenuesLive.