MELBOURNE (Reuters) - Australia will spend A$250 million ($165.08 million) upgrading its national sporting academy in Canberra to put the nation in a "positive frame" in the lead-up to hosting the 2032 Brisbane Olympics, Prime Minister Anthony Albanese said on Friday.
Opened in 1981, the Australian Institute of Sport (AIS) has helped nurture a slew of Olympic and world champion athletes but fell into decline in recent years due to funding cuts and as sports shifted their high performance centres to state-based hubs.