Australian Open Prize Money Increased

Australian Open organisers have announced prize money will be significantly increased for the Grand-Slam tournament.

The Australian Open will now pay more prize money per round than any other tournament, with increases also coming in doubles and qualifying matches, but mixed doubles saw a money freeze.

The biggest increases were for first round losers in the men’s and women’s singles, who will now receive A$27,600 (17,829 pounds), representing a 32.7 percent boost from 2012, with those exiting in the second round taking home $45,500, up 36.6 percent.