Rugby Australia (RA) announced a record surplus Wednesday on the back of the 2025 British and Irish Lions tour, saying it would enable a sustainable future for the sport after years of losses. RA Chief Executive Phil Waugh said the “record operating surplus” of A$70 million (US$50 million) had injected fresh confidence into the 15-man game ahead of hosting next year’s men’s Rugby World Cup. “We are delivering on our promise to reset the game’s finances, restore pride and set a new strategic...