Australia is sending 160 athletes to the Paralympics, where they will compete in 17 sports.
Sports Minister Anika Wells has announced that gold medalists will receive $20,000, silver medalists $15,000 and bronze medalists $10,000.
That's the same amount that Olympic medalists received.
Madison De Rozario, a two-time Tokyo medalist and flag bearer at the upcoming opening ceremony in Paris on August 28, welcomed the announcement.
“When it was first announced in Tokyo it was so exciting and to know it’s happening again is gratifying,” said De Rozario.
“The Paralympians are not here in Paris for the money – we are here in green and gold because it means competing for our country.
“But this support shows us as Paralympics participants that we are valued. It also shows the public that athletes with disabilities are equal to non-disabled athletes.”
Paralympics Australia President Alison Creagh said this showed the government recognised the importance of Paralympics participants.
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“Our Paralympic athletes are role models who inspire the nation and we know Australia will be cheering them on as they compete in the coming weeks.”
She said confirmation of medal payments, which were made for the first time in Tokyo in 2021, would be a timely boost for athletes ahead of the opening ceremony in Paris on August 28.
“Knowing that their achievements are valued as much as those of their Olympic counterparts will give our athletes more confidence and motivation to perform at their best,” Creagh said.
“Many of our Paralympians face significant financial burdens on their journey to success on the world stage. This support rewards their success and recognizes the greater challenges they face.”