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Melissa Woods

Australian Open tennis prize money up by $10 million

Australian Open Australia Tennis Craig Tiley

Australian Open chief Craig Tiley has announced increased prize money for the 'Happy Slam'. (James Ross/AAP PHOTOS)

Prize money at next month's Australian Open has been significantly boosted with the world's best players sharing a record pool of $86.5 million, with the singles winners receiving more than $3 million each.

Tournament organisers announced on Friday prize money at Melbourne Park had been increased by 13 per cent - $10 million - for 2024.

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