Swimming Australia Extends Funding Cycle To September 2021

Swimming Australia has revealed an increase in swimmer funding ahead of the 2020 Olympic Games in Tokyo, Japan slated for next July due to the coronavirus pandemic.

Having been supported since 2013 by Swimming Australia patron Gina Rinehart, direct financial assistance to swimmers will now be increased according to 3 distinct pools:

  1. Patron’s Tokyo Enhancement Payment – Each categorised swimmer will receive a once-off bonus payment, in addition to their quarterly Hancock Prospecting Swimmers Support Scheme payments, to further incentivise training and preparation, during these challenging times, ahead of the Tokyo 2021 Games.
  2. Hancock Prospecting Virtual Prize Money Pool – a once-off pool of prize money will be made available for all swimmers competing in the virtual swimming series that has been organised in replacement of the Hancock Prospecting Australian Short Course Championships. This prize money rewards important performances during a time where standard competition opportunities have been reduced due to the pandemic.
  3. Hancock Prospecting Quarterly Swimmers Support Scheme Payments Extended – due to benchmark events not being completed until the end of September 2021, rather than the funding cycle ending on June 30 like other years, payments are guaranteed until 30 September 2021 giving athletes funding certainty during their peak competition period.

Outgoing President of Swimming Australia John Bertrand AO said “Gina Rinehart’s support has been a game changer for swimming, helping us transform the sport after London when we were in need of a resurgence.

“Most critical and lasting to this was the innovation she has driven for athlete funding. The vehicle we set up as a result of her support in 2013, named the Hancock Prospecting Swimmers Support Scheme, which recognises that elite swimmers are often training two to three times a day, six days a week and that for many athletes they were also trying to support themselves with casual work around this, while also trying to complete university degrees. Quarterly payments could give swimmers the certainty they need to give 100%+ effort on their training.

“Additionally, Gina has always pushed us and challenged our thinking to ensure that we are always striving to be the best on the world stage. Her passion for our sport, high performance workings and her astute observations has meant that no stone is ever left unturned when looking for opportunities for our athletes to be performing at their best.

“Gina Rinehart recognised in our swimmers their drive and commitment to work as hard as they can to reach their dream of representing their country, and she wanted to give them the best possible platform to succeed in this. I know that Gina works to the philosophy that if you are willing to work as hard as you possibly can, you will achieve, and this is aligned to the culture we have in the Australian Swim Team and its training environments.

“Gina is constantly looking for ways for our athletes to improve and her funding has enabled us to fund two additional world-class CLOGGs systems in West Australia and New South Wales to assist us in further honing the technical skills of starts, relay changeovers and turns.”

Olympic Gold Medallist Mack Horton said: “I’d like to express our immense thanks and appreciation to Mrs Rinehart. We really are fortunate to have a great Australian backing us again as our Patron and supporter.

“Her interest in and enthusiasm towards us as swimmers is incredible, and very genuine. She has been our biggest supporter for many years now and we love having her as part of the Australia Swim Team.”

Olympian Mitch Larkin added: “It’s great to see our Patron attend our competitions, and arrange to see us outside of these events too. She even flew with us to the outback before the last Olympics, as many in the Olympic team hadn’t been there before, and she wanted to give us the opportunity to see more of the country we are so proud to represent overseas. Mrs Rinehart’s enthusiasm and leadership example is outstanding, so I think all swimmers gain from having her as Patron.“

The additional funding is coming at a time when nearly all of the would-be Australian International Swimming League (ISL) participants withdrew from season 2 due to their nation’s travel restrictions. Although the ISL says the door is still open for Aussies to join squads in Budapest, it appears unlikely that any additional swimmers will be able to make the trip.

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Coach Mike 1952
6 days ago

Glad SA has such a guardian angel!

About Retta Race

Retta Race

After 16 years at a Fortune 1000 financial company, long-time swimmer Retta Race decided to change lanes and pursue her sporting passion. She currently is Coach for the Northern KY Swordfish Masters, a team she started up in December 2013, while also offering private coaching. Retta is also an MBA …

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