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Government announces $500m in sports funding over next two years

ABC Australia · Jun 17, 2026, 2:19 AM · Also reported by 3 other sources

Key takeaways

  • The federal government has announced a $513 million funding package ahead of the 2032 Brisbane Olympic and Paralympic Games.
  • The package will include cost of living assistance for athletes, funding for dozens of sporting programs, and boosts for Winter and Paralympic sports.
  • It comes as athletes raise concerns over financial compensation after IOC chief Kirsty Coventry last month argued Olympians should not be paid prize money.

Why this matters: an international story with cross-border implications worth tracking.

The federal government has announced a $513 million funding package ahead of the 2032 Brisbane Olympic and Paralympic Games. (Unsplash: Braden Collum/CC licence)

The federal government has announced a $513 million funding injection for the sporting community to be delivered over the next two years ahead of the 2032 Brisbane Olympic and Paralympic Games.

The package will include cost of living assistance for athletes, funding for dozens of sporting programs, and boosts for Winter and Paralympic sports.

Article preview — originally published by ABC Australia. Full story at the source.
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