Sport Cricket Australia posts $18m surplus
Government's coveted budget surplus could be slipping away, according to some economists
Figures released by the Department of Finance last week show the budget is now back in deficit by $4.8 billion. Now some economists doubt the government will be able to reach the projected surplus, including former Treasury advisor Warren Hogan.While it is too early to judge the final position of the budget, figures released by the Department of Finance last week show the budget is now back in deficit by $4.8 billion.
Cricket Australia has recorded an $18 million operating surplus in a year of "healing", chairman Earl Eddings says.
The 2018/19 operating surplus of $18.2m is $9.9m more than the previous year.
The surplus comes amid a dramatic improvement in player behaviour - code of conduct charges dropped 74 per cent at all levels from national teams to country competitions.
BBL superstar unloads after Australia T20 snub
T20 star Chris Lynn says he found out about his Australian omission via social media and has blasted the chief selector.Lynn was left out of the Australian squad for this summer, which was viewed as a pointer to in-contention players for the ICC T20 World Cup in Melbourne next year. The squad will play three matches against Sri Lanka and then Pakistan in the next fortnight.
"The past year has been a time of healing for Australian cricket," Eddings wrote in CA's annual report, which was released on Thursday at the organisation's annual general meeting.
"We have focused on building a purpose-led culture ... following a challenging 12 months.
"Australia's men's team has shown their commitment to restoring their connection with each other and the Australian public.
"It was a year which redefined the way Australia would play, in a spirit the whole country can be proud of."
Cricket Australia's chief executive officer Kevin Roberts said there had been a focus on rebuilding trust after the ball-tampering scandal of the men's Test team in South Africa in March last year.
"With a focus on rebuilding trust and improving performance on and off the field, we are pleased to announce another year of strong financial performance," Roberts said in a media release.
He said funding for state and territories over the next four years would increase from $100m to $450m, with a "significant portion" steered to community cricket infrastructure and development, including 58 new community roles to support cricket in local communities.
In the 2018/19 season, more than 2.16 million people attended international, BBL and WBBL games - a record figure in a non-Ashes year.
Sean Abbott admits he 'lost belief' in his Australian return following dream T20 display .
Sean Abbott has summed up the emotion he showed in Australia's T20 thrashing of Pakistan in Perth on Friday night. Abbott, who replaced a rested Pat Cummins in the side for the third and final T20 match against Pakistan on Friday night, hadn't worn Australian colours since November 2014.But after years of consistent form for the Sydney Sixers in the Big Bash, Abbott was thrown into Australia's pace attack, and proved an excellent addition to the side who made light work of Pakistan to claim a series sweep of the world's best team in the shortened format.