SYDNEY, Dec 11 : The Australian Olympic Committee announced a tranche of A$50 million ($33.34 million) in new funding for athletes ahead of the 2032 Brisbane Olympics on Thursday, including retirement grants for Olympians and cash awards to help athletes return to elite competition after having children.

The Olympic Futures Fund, launched by a A$20 million grant from the Australian Olympic Foundation (AOF), will award A$5,000 to every athlete selected for an Olympics from next year's Milano Cortina Winter Games up to the 2032 Brisbane Games.

Athletes will be encouraged to attend multiple Olympics by the offer of a means-tested retirement grant of A$32,000 per Games, to be paid in instalments 16 years after they have competed.

The Return to Olympic Sport Grant (post-birth) offers a start

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