
Billionaire Reportedly Cut Off Support to Swimming Australia Due to Late Athlete Payments
The 69-year-old Australian billionaire has reportedly stopped contributing money to Swimming Australia for the past two years — instead supporting 92 elite swimmers with direct payments through the Hancock Prospecting Swimmer Support Scheme — leaving the federation with a $7 million shortfall in sponsorship revenue. This week, details about her frustrations with Swimming Australia finally came to light.