Australian Open: Victorian premier defends $100m Tennis Australia bailout during Covid pandemic

9 months ago 45

Jacinta Allan says event is a ‘key anchor’ on the state’s major events calendar and is worth millions to the economy

Victoria’s premier has defended bailing out Tennis Australia during the Covid-19 pandemic, arguing that hosting the Australian Open contributes millions to the state’s economy.

Tennis Australia financial accounts, lodged with the corporate regulator in December, revealed the state government forgave a $43m loan to the organisation that was accrued during the pandemic.

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