Sport in Australia is popular and widespread. Testament to this is the level of achievement in the Olympic Games and Commonwealth Games as well as other international sporting events in comparison to the population of the country, particularly in the areas of water sports and team sports. The climate and economy provide ideal conditions for Australians to participate in and watch sports.
In 2000-01, total government funding for sport and recreation activities was 2,124.2 million. Of this, the Commonwealth Government contributed $19.89 million (9%), state and territory governments contributed $875.2 million (41%) and local governments provided $1,050.1 million (49%). The Australian Sports Commission (ASC) is the federal government body responsible for distributing funds and providing strategic guidance for sporting activity in Australia and operates the Australian Institute of Sport. Each state and territory in Australia also have agencies responsible for sport and recreation policy. Each state and territory also operates their own institutes and academies of sport.