Equestrian Australia goes into voluntary administration after Sports Australia withdraws funding

The peak body for equestrian sport in Australia has been placed in voluntary administration by its board in what has been described as a "difficult decision".

Equestrian Australia (EA) says the decision follows the withdrawal of funding by Sports Australia and the impact of COVID-19 on its forecast revenue.

"This places the organisation at risk of trading insolvently," EA said in a statement.

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Written by ABC Rural / Amelia Bernasconi and Mike Pritchard