Menu
Finance

Australia's Federal Government To Provide Financial Backing For 2017 CWG

Australia's federal government will "go for gold" under a multi-million dollar plan to "help more Australian athletes win medals at next year's Commonwealth Games on the Gold Coast," according to Renee Viellaris of the Brisbane COURIER-MAIL. A new A$15M ($11M) winning fund will be released in the budget for about 2,000 elite and aspiring athletes in a bid to "widen Australia's chances of bagging a swag of medals." Sporting organizations will "share in the cash splash," which will help pay for "high-performance training, better coaches and the latest equipment." It will also fund athletes to travel to int'l meets to give them "game time against the best in the world." Sport Minister Greg Hunt said that he would not comment on "pre-Budget speculation," but he said that the government was "committed to supporting the Commonwealth Games and Australia’s athletes." The federal government "has already invested significantly" to help the CWG. About A$95M was provided for Stage 2 of the Gold Coast Light Rail and A$15M to upgrade Metricon ­Stadium in Carrara (COURIER-MAIL, 5/8). 

SBJ Morning Buzzcast: May 15, 2024

The W's big night; here come the Valkyries and a major step forward in Jacksonville

NASCAR’s Brian Herbst, NFL Schedule Release, Caitlin Clark Effect

On this week’s pod, SBJ’s Austin Karp chats with our Big Get, NASCAR SVP/Media and Productions Brian Herbst. The pair talk ahead of All-Star Weekend about how the sanctioning body’s media landscape has shaped up. The Poynter Institute’s Tom Jones drops in to share who’s up and who’s down in sports media. Also on the show, David Cushnan of our sister outlet Leaders in Sport talks about how things are going across the pond. Later in the show, SBJ media writer Mollie Cahillane shares the latest from the network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2017/05/09/Finance/Aussie-CWG.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2017/05/09/Finance/Aussie-CWG.aspx

CLOSE