The IOC has revealed the 2014 Winter Olympics in Russia's Sochi made an operating profit of more than $A68.01 million.
IOC vice-president, Australian John Coates, says preparations for the Rio Olympics are on track.
The next time an Australian Olympic Team marches in an Olympic Opening Ceremony will be in exactly 12 months, at the Winter Youth Olympic Games in Lillehammer, Norway.
Emma Moffatt shows us how to make a tasty post-training snack!
Bill Roycroft carried the Flag in the Opening Ceremony in Mexico City 1968 and his son Wayne carried the Flag in Los Angeles 1984.
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