The Federal Government will spend almost a quarter of a billion dollars to upgrade the Australian Institute of Sport in Canberra, ahead of the 2032 Brisbane Olympic and paralympic games. It's the most significant investment into the facility since its inception in 1981.
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00:00Shaking hands with sporting stars.
00:07The Prime Minister was at the Australian Institute of Sport to announce a huge investment.
00:13We need first class facilities that reflect the first class sports people that we have in this country.
00:20The Federal Government launched an independent review of the AIS last year.
00:25In February it found the facility should stay in Canberra but needs significant upgrades.
00:30This facility is a national asset and you can't allow a national asset to just not be kept up to speed.
00:40The funding in next Tuesday's Federal Budget will go towards building a large indoor multi-sport dome
00:46with a full rectangular field and a partial athletics track to allow for training in all conditions.
00:51The redevelopment will also include a multi-storey 192 bed fully accessible accommodation facility
00:59and a new testing and training centre.
01:03These things are really important to give our athletes every opportunity to be their best
01:08and to give Australia the success that we all love to cheer them on when they attempt to do it.
01:14It's hoped the upgrades will give athletes like Olympic boxer Monique Sirachi
01:18the facilities and technology to optimise performance.
01:22Being able to get tests and looking at numbers and knowing what you're working with as an athlete
01:27is essential in every sport I think so it's going to make such a big impact on us.
01:32As for funding a new stadium in the capital...
01:34What we know is that we've got the order right.
01:38The finer details of how the funding will be spent isn't yet clear
01:41as a business plan for the site redevelopment hasn't been finalised
01:45but there's hopes it will return the institution to its former glory.