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AAP
AAP
Jacob Shteyman

Record funding boost for Australia's Olympic hopefuls

Australia Olympics Ian Chesterman Brisbane
The federal government hopes new funding can fuel Australia's Olympic and Paralympic medal hunt. (Joe Giddens/AAP PHOTOS)

Australia's prospects of striking Olympic and Paralympic gold have been given a healthy boost with the nation's biggest-ever investment in high-performance sport.

The country's elite athletes, coaches and support staff will receive an additional $283 million in funding over the next two years, the federal government announced on Friday.

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