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Rugby Australia posts record $70.6m surplus

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Rugby Australia posts record $70.6m surplus
Key Points
  • Record $70.6m surplus in 2025, driven by Lions tour and Test matches
  • Turnaround from $37m deficit in previous period
  • Cash reserves of $31.4m; participation growth in youth and senior programs

The surplus marks a significant turnaround from the previous period, when Rugby Australia posted a $37 million deficit. The 2025 result also represented a significant uplift from the previous Lions tour in 2013, though the exact comparison figure has not been disclosed. Rugby Australia currently holds $31.4 million in cash reserves.

Participation in the sport is also growing. Rugby Australia's 'Get Into Rugby' program for children aged four to seven saw a 24% year-on-year growth, and senior XVs club participation has increased, though specific growth rates have not been provided.

This is an historic and energising period for Australian rugby, and a record operating surplus allows us to look ahead to the future with clarity and confidence.

Phil Waugh, Rugby Australia chief executive

Phil Waugh, Rugby Australia chief executive, said in a statement: "This is an historic and energising period for Australian rugby, and a record operating surplus allows us to look ahead to the future with clarity and confidence." Daniel Herbert, Rugby Australia chair, added: "Following a comprehensive organisational reset in 2024, Australian rugby now has an excellent platform as we prepare for the generational opportunities presented by the home men’s and women’s Rugby World Cups in 2027 and 2029 respectively."

On the legal front, two court matters in relation to the Melbourne Rebels will commence in May. Rugby Australia intends to pursue recovery of its legal costs in the event of a successful defence in those matters. The specific details of the court cases have not been disclosed.

Following a comprehensive organisational reset in 2024, Australian rugby now has an excellent platform as we prepare for the generational opportunities presented by the home men’s and women’s Rugby World Cups in 2027 and 2029 respectively.

Daniel Herbert, Rugby Australia chair

There is still much work ahead as we build a successful and sustainable model for Australian rugby but, given the great strides we have made in recent years, I am more confident than ever in the strategic direction and delivery of our great game at all levels.

Daniel Herbert, Rugby Australia chair
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