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The Guardian - AU

Sport

Guardian staff

Netball Australia back in the black as TV deal helps shift financial fortunes

Netball Australia Australia Kelly Ryan

Jamie-Lee Price of the Giants during the Super Netball Round 9 match — Netball Australia has improved its financial position thanks in part to a new TV broadcast deal for Super Netball. Photograph: Joel Carrett/AAP

Netball Australia has posted a financial turnaround of $4.7m in 2022, easing fears over its future viability after the previous year’s results sparked an existential crisis for the sport.

The latest figures represent a remarkable turnaround for the organisation which was reported to be on the brink of financial ruin 12 months ago with $11m of debt and losses.

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