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The Guardian - AU
The Guardian - AU
National
Benita Kolovos Victorian state correspondent

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

Tennis Australia Tennis Australian Open Jacinta Allan Victoria Pandemic Steve Dimopoulos Tim Pallas Economy Labor
Coco Gauff of the U.S. plays a forehand return to Anna Karolina Schmiedlova of Slovakia during their first round match at the Australian Open tennis championships at Melbourne Park.
The Victorian government forgave a $43m pandemic-era loan to Tennis Australia and gave up to $63m to it on the eve of the 2022 election. Photograph: Asanka Brendon Ratnayake/AP

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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