New athletics australia chief executive phil jones intent on adhering to Australian Olympic ideals, as the government grapples with budget pressures

AUSTRALIAN OLYMPIC COACHER: Aussies will play at Melbourne Olympics despite Australian budget woes

The federal government has slashed funding for the Australian Olympic Committee in a bid to shore up financial health and avoid major budget cuts during the 2022 Commonwealth Games.

The Department of Communications and the Parliamentary Budget Office report, delivered in September, found the ASO was able to meet its financial obligations because of the ongoing funding cuts.

But it said there was a risk funding would be slashed to meet these needs for more than three years, which could see Australia “turn a corner” to match New Zealand in its bid to become the 10th nation to host the Games.

It said the AOC, which does not rely on corporate donations or on federal government funds, could survive 바카라despite the changes.

A report into the organisation published in September said there was a surp바카라lus of $23 million between 2013/14 and 2016/17, and that there were no plans for any structural changes to the AOC’s operations after Australia’s bid was awarded.

Mr Jonsson told Radio National on Thursday the federal government would consider taking steps to increase Australia’s participation in the Australian Games, including increasing funding.

“If yo바카라사이트u look at our Olympic participation at the Olympics, the way we’ve done it in the last 40 years is by having a whole host of people from all over the world come and play the games on an Olympic level as part of the infrastructure, and we’ve been able to compete at these kinds of Games because of that,” he said.

He said the AOC’s financial position was currently stable and there was a $5 million surplus in its accounts, despite the funding cuts from the federal government.

“We need to keep that and that’s one of the ways that we’re going to be able to go forward from this point forward,” he said.

“We’ll be able to continue to go forward as we’re looking for that extra $100 million for 2016/17 in a budget position.”

The minister confirmed to Channel Nine News on Thursday that a $300 million contribution from the United States was a part of the review.

He said a $700 million donation from the Commonwealth was also a part of the review.

The government has already announced a $300 million cash contribution from the US that will cover costs of an all-weather trac