Elite athletes, coaches and support staff will share in $283 million over the next two years in what it says is a 50 per cent boost in high-performance funding and twice theThe federal government has announced a record Olympic and Paralympic sport funding package in an attempt to boost the medal haul in Brisbane, as well as Los Angeles.
"We're cheering on all our athletes heading to Paris. We are so proud of them and my Government is backing Aussie athletes with record funding," Albanese said. Australia's athletes will be hoping they can emulate or better the nation's record medal tally from Sydney 2000 when the Olympics return Down Under 32 years later.Logan Martin of Australia in action in front of the Olympic rings logo during the Men's BMX Freestyle before Tokyo. Minister for Sport Anika Wells said the investment brought the sport budget bill to $753 million, including $250 million to revitalise the Australian institute of sport.
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