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AOC: For over 20 years Doug Donoghue AM has watched over the finances of the Australian Olympic Committee and as he prepares to stand down he has been awarded life membership of the AOC as a fitting tribute to his contribution to the Olympic Movement.

Cate Campbell and Bronte Campbell of Australia celebrate finishing first and second in the Women's 100 Metre Freestyle during day six of the Australian Swimming Championships on May 1, 2013 in Adelaide, Australia.

SWIMMING: Sisters Cate and Bronte Campbell completed their own family fairytale by finishing first and second in the women’s 100m freestyle final at the 2013 National Swimming Championships in Adelaide.

Figure skater and 2010 Olympian Cheltzie Lee attends outfitting at the Team Assembly for prospective members of the 2014 Olympic Team in Sochi.

TEAM: Sochi 2014 may be 282 days away, but the first Australian Team Assembly held at the IceHouse in Melbourne today marked a significant step on the road to Russia for many of Australia’s finest athletes.

Athletes Britt Cox and Katya Crema with the Blundstone shoes the Australian Team will wear at the 2014 Olympic Winter Games in Sochi.

SOCHI 2014: The classic Blundstone dress boot has been chosen by the Australian Winter Olympic Team for Sochi 2014 as the shoe for their formal uniforms.

James Magnussen of Australia reacts after seeing her time when he won the Men's 100 Metre Freestyle Final during day five of the Australian Swimming Championships at SA Aquatic and Leisure Centre on April 30, 2013 in Adelaide, Australia.

SWIMMING: Reigning world champion James Magnussen has produced the fastest time in the world this year, so to has Cate Campbell and Daniel Tranter swam a huge PB to win his place on the Barcelona Team.

Thomas Fraser-Holmes of Australia starts on the blocks in the Men's 200 Metre Freestyle Heats during day two of the Australian Swimming Championships at SA Aquatic and Leisure Centre on April 27, 2013 in Adelaide, Australia.

SWIMMING: Gold Coast swimmer Thomas Fraser-Holmes produced an electric final 50 metres to highlight the increasing depth in Australian swimming and win his third straight men’s 200m freestyle title at the 2013 Swimming Championships tonight in Adelaide.

Svetlana Radkevich of Belarus competes with Sophie Muir of Australia during the women's speed skating 500 m on day five of the Vancouver 2010 Winter Olympics at Richmond Olympic Oval on February 16, 2010.

FUNDING: Australian national sporting organisations have today learnt their funding allocations from the Australian Government for 2013-14 with Australian Sports Commission (ASC) Chair John Wylie AM announcing the breakdown in almost $120 million in government investment.

Emma Moffatt of Australia runs in the Women's Elite race during day one of the Dextro Energy Triathlon ITU World Championship Series in Hyde Park on August 6, 2011 in London, England.

TRIATHLON: A rejuvenated Emma Moffatt put in a sensational display of “off the front” racing in round two of the ITU World Triathlon Series (WTS), only to come up short, against outstanding runners Gwen Jorgensen (USA) and under 23 world champion Non Stanford (GBR).

(L-R) Emily Seebohm, Leisel Jones, Jessicah Schipper and Alicia Coutts of Australia pose with their gold medals during the medal ceremony for the Women's 4x100m Medley Relay Final at Dr. S.P. Mukherjee Aquatics Complex during day six of the Delhi 2010 Commonwealth Games.

Direct financial support for Australia’s top athletes, including potential medal winners at the next year’s Commonwealth Games, will be boosted thanks to a new partnership between the ASC and ACGA.

Silver medallist Brittany Broben poses on the podium during the medal ceremony for the Women's 10m Platform Diving Final on Day 13 of the London 2012 Olympic Games at the Aquatics Centre on August 9, 2012 in London, England.

DIVING: An ear infection will not stop London Olympic silver medallist Brittany Broben from making a noise on the international diving circuit ahead of the world titles selection trials in Brisbane.