PRIZE MONEY – AUSTRALIA

Tennis player play claim business, not greed

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Original article by Scott Gullan
The Australian – Page: 23 : 20-Jan-26

The prize pool for this year’s Australian Open is a record $111.5 million, with this year’s men’s and women’s winners to receive $4.15 million, a 19 percent increase on last year. However, despite the increased prize pool, tennis players still believe the AO and the other grand slam events should be paying them more prize money, arguing they should get a bigger share of the enormous amount of revenue that the events generate. Alex de Minaur claims players are not being "greedy" in their push for a bigger slice of event revenue, while Daniil Medvedev says the players just want a percentage of revenue similar to other sports.

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AUSTRALIAN OPEN TENNIS

Rinehart’s charity for billionaires

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Original article by Jonathan Barrett
The Australian Financial Review – Page: 3 : 23-Jun-14

At the 2012 Association of Mining & Exploration Companies (AMEC) congress in Perth, a new award was announced by mining heiress Gina Rinehart. It was to be handed to the identity in the resources sector who did the most to counter attacks by parts of the media, and to voice uncomfortable truths in public. However, the $A50,000 in prize money was not paid in 2013, and nor will the upcoming 2014 AMEC event feature the award. Instead Rinehart gave the funds in November 2013 to fellow billionaire Len Buckeridge, at a National Mining and Related Industries Day ceremony in Brisbane

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HANCOCK PROSPECTING PTY LTD, ASSOCIATION OF MINING AND EXPLORATION COMPANIES, AUSTRALIAN LABOR PARTY, FAIRFAX MEDIA LIMITED – ASX FXJ, BGC (AUSTRALIA) PTY LTD, VISY INDUSTRIES AUSTRALIA PTY LTD