This week the Australian Tax Office issued a class ruling relating to payments made under the AOC Medal Incentive Funding program.For all athletes it is a very important ruling and particularly for those athletes who are deemed to be not ‘professional’ athletes as they will not be required to pay tax on these payments.
Surfing’s re-entry manoeuvre to the Olympics has gained momentum with the support of AOC president John Coates, who praised its environmental and telegenic appeal and attractiveness to youth.While it may be too soon to see Australian surfboard riders winning gold medals off the Cornish coast when London
Professional Gold Coast lifeguard, Ken Wallace, will not let history repeat itself. After missing selection for the 2004 Athens Olympics, Wallace is paddling his way toward Beijing and is hungry for medals.
By night he is cooking up a storm at one of Sydney’s great Italian restaurants in Leichhardt. By day he is lifting weights in the company of a group of blokes all with the same agenda – Beijing 2008. Juggling crème brulée with dumbbells, Emmanuel Citton is a weightlifter preparing to qualify for the greatest sporting event of all time, the Olympic Games.
Australia’s first Olympic trampoline medallist, Ji Wallace, is ready to bounce his way back into the history books when he unleashes a never before seen move prior to the Beijing Games.
“The world is watching and waiting, eager to see what Beijing and China have to offer and anticipating what can be achieved through hosting the Olympic Games,” said Hein Verbruggen, Chairman of the IOC Coordination Commission.