The Money Report: Australia

Wondering about Australia’s financial incentives to its athletes? Maybe this will give us an idea, eh?

We have a medal incentive scheme which only goes down to number four and the best are getting $18,000.

The above quote is attributed to John Coates, president of the Australian Olympic Committee (AOC). Coates warned that Australia might fall off the Olympic top five if the Australian government doesn’t put more funding for sports. Read more.

Update: A listing of financial incentives to Olympic athletes from different countries is published at How Much Money Do Olympians Make.

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