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Nathan Sharpe has been elected Rugby Australia president

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Wallabies great Nathan Sharpe has been elected Rugby Australia president as the once cash-strapped organisation predicts it will be debt free by 2026.

RA announced a deficit of $36.8m at its 2024 annual general meeting on Wednesday after it dug deep into a $80 million credit facility.

But the immediate future appears much brighter from a financial perspective, starting with a cash bonanza from this year's British and Irish Lions tour.

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