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


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

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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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Continue reading…Jacinta Allan says event is a ‘key anchor’ on the state’s major events calendar and is worth millions to the economyFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastVictoria’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.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…