Overview
- The Australian Olympic Committee launched a program spanning the next seven years that includes A$5,000 payments to every athlete selected from Milano Cortina through Brisbane 2032.
- A new Olympian Futures Fund is seeded with A$20 million from the Australian Olympic Foundation, which reports net assets of about A$200 million and will seek additional philanthropic support.
- Retirement grants of A$32,000 per Games will be means-tested and paid in instalments starting 16 years after competition, pushing most payouts into the 2040s for current athletes.
- Mothers will be eligible for a A$10,000 Return to Olympic Sport grant per child for births after Dec. 11, provided they commit to a comeback to elite competition.
- Existing medal incentive bonuses are retained, with AOC leaders saying the package is designed to boost athlete longevity and strengthen Australia’s teams through Brisbane 2032.