Steve Dimopoulos MP defends scale of financial support given to Tennis Australia

·

The Minister for Tourism, Sport and Major Events Mr Steve Dimopoulos is facing scrutiny and having to defend the substantial financial support provided to Tennis Australia, which annually hosts the Australian Open.

This comes after recently discovered Freedom of Information (FOI) documents revealed that Victorian taxpayers contributed to more than $100 million to support Tennis Australia.

ABC News reported that in late 2022, Treasurer Tim Pallas approved a $63 million contingency support payment towards the Australian Open.

This was additional to the $40 million loan that Tennis Australia was granted and did not have to repay as the Victorian government had decided to waive the debt due to the impact of COVID-19.

Steve Dimopoulos MP
The Minister for Sport and Major Events, Steve Dimopoulos. Photo: Oakleigh.

Minister for Tourism, Sport, and Major Events Steve Dimopoulos defended the financial assistance provided to Tennis Australia. 

He said a 10-year extension to Melbourne’s hosting rights was negotiated at the same time the bailout was granted, that would be worth $4 billion to the state of Victoria.

“This is an event that’s been on the calendar for decades and it largely runs with pretty modest support from the Victorian taxpayer for the economic benefits it brings,” Dimopoulos said.

Although the Victorian Premier, Jacinta Allan, has not addressed the issue of the waived COVID-19 loan, she highlighted the major contribution the Australian Open plays into Victoria’s economy.

She said that the Australian Open contributes $357 million each year and supports thousands of jobs.

Mr Dimopoulos also declined to explain why the COVID-19 loan was waived.

Source: ABC News.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

A postcard brought to life: Billy Cotsis explores the soul of Patmos

There is something about the freedom of being out on the Aegean. One can visit small islands, more populated islands, deserted beaches or simply go fishing.

From tragedy to triumph: Christina Vithoulkas becomes Australia’s first female para drifter

Vithoulkas never lost her love for extreme sports. Now 30, she has found the same thrill in drifting—a motorsport where cars slide sideways.

Program of the 11th International Summer University in Boston announced

The 11th International Summer University "Greek Language, Culture and Media" will take place from May 24-29 in Boston.

Hellenic Writer’s Association of Australia hold student literary competition

The Hellenic Writers’ Association of Australia has announced its annual Student Literary Competition, titled “From Greece to the World”.

Athens university develops first tool to measure TikTok addiction

A research team from the University of Athens has created the world’s first tool specifically designed to assess addiction to TikTok.

You May Also Like

Albert Bourla donates $1 million prize to Holocaust Museum in Greece

Pfizer CEO Albert Bourla donated that prize money back to the museum being built in his home city of Thessaloniki. 

Greek Festival of Sydney to return to Brighton-Le-Sands after 20 years

The Greek Festival of Sydney has today announced three major festivals for 2023, including a return to Brighton-Le-Sands after 20 years.

Expansion work set to begin at Athens International Airport

Preliminary construction for the expansion of Athens International Airport is scheduled to commence in the first quarter of 2025.