Brisbane Times ·general ·2 hours ago

‘Not out of the woods’: Waugh issues warning despite record RA profit

Rugby Australia chief executive Phil Waugh announced a record operating surplus of $70.6 million at the AGM, up from last year's $50 million. Despite these gains, he warned of a projected deficit for the 2026 season, stating, 'By no means are we out of the woods.' RA plans to establish an investment fund to ensure long-term sustainability.

Summary by Glance · Brisbane Times

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