The new rewards scheme, unveiled by Minister for Sport Anika Wells, introduces significant financial incentives for Paralympians. Gold medallists will receive AU$20,000 (€18,006), silver medallists AU$15,000 (€13,504), and bronze medallists AU$10,000 (€9,003). 

This initiative is designed to provide Paralympic athletes with the same level of recognition and motivation that Olympic athletes receive, reflecting the government's commitment to acknowledging their exceptional achievements.

The announcement, made just before the Paris Paralympics Opening Ceremony on 28 August, underscores a broader commitment to valuing the hard work and dedication of Paralympic athletes. By aligning these rewards with those of Olympic competitors, the scheme aims to enhance athletes' morale and highlight their contributions to Australian sport.

Paralympics Australia has welcomed the new initiative, viewing it as a vital endorsement of the dedication required to excel in Paralympic sports. Alison Creagh, President of Paralympics Australia, emphasised that this investment underscores the significance of Paralympic sport in Australia. 

"This investment by the Australian Government highlights the importance of Paralympic sport in our country," Creagh stated. “Our Paralympic athletes are role models who inspire the nation, and we know they will have Australia cheering them on when they compete in the weeks ahead." 

She also expressed appreciation for Prime Minister Anthony Albanese and Minister Wells, noting that this support will help athletes reach their full potential and inspire future generations.

Introduced initially at the Tokyo 2020 Paralympics, these financial rewards offer a timely boost for athletes who often face significant financial challenges while pursuing international success. Creagh pointed out that knowing their achievements are valued equally to those of Olympic athletes will enhance athletes' confidence and motivation.

Madison De Rozario, a dual gold medallist from Tokyo and flag bearer for Australia at the upcoming Paris Games, welcomed the announcement. "When it was first announced in Tokyo it was so exciting, and to know that it’s happening again is gratifying," De Rozario said.

"Paralympians aren’t here in Paris for money, we’re here in the green-and-gold because of what it means to us to compete for our country. But this support tells us as Paralympians that we are valued. It also tells the public that athletes with a disability are equal with non-disabled athletes."

Minister Wells highlighted that this new scheme is part of a broader investment in Para-sport, with a record-breaking budget allocation of $54.9 million (€49,4 million). This unprecedented funding aims to support the development of future stars like De Rozario and Ellie Cole, ensuring a lasting impact on Australian Para-sport.

The Paris 2024 Paralympic Games will be held from 29 August to 9 September and will feature more than 4,400 athletes from around the world competing in 549 sports. Australia will be represented by 160 athletes across 17 sports. The enhanced financial rewards and substantial government investment reinforce the commitment to supporting and celebrating the achievements of Australian Paralympians.