Rugby Australia posts $9.2m deficit and braces for challenging year ahead

29/04/2024 08:03

• Financial results 'not unusual' in a Rugby World Cup year
• Body has taken on 2024 costs of Melbourne Rebels' operation

Rugby Australia has declared a $9.2m deficit for last year is not unusual, but warned 2024 will be "another challenging year" as the governing body is forced to stump up growing interest payments.

The Wallabies were eliminated in the pool stage at last year's World Cup, and costs associated with Eddie Jones' ill-fated campaign involved $2.6m unapproved over-investment.