Overview

• Rugby Australia announced a $9.2 million deficit for 2023, influenced by high costs including support for the Melbourne Rebels and a disappointing World Cup campaign.
• 2024 is projected to be challenging due to ongoing financial commitments and the need to fund various rugby programs and teams.
• Significant investments were made in women’s rugby and community programs, aiming to boost participation and professional opportunities.
• Rugby Australia has secured an $80 million credit facility to manage financial pressures until anticipated revenue spikes from future major events.
• The organization is focusing on strategic planning to avoid quick fixes and ensure long-term stability and growth of the sport.