Summer Olympic Games demand for tickets to all levels of each event, there was controversy when seats set aside for sponsors and National Delegations went unused in the early days. A system of reallocation was put in place so the empty seats were filled throughout the Games. Rio de Janeiro, Brazil hosted the 2016 Summer Olympics, becoming the third city in the Southern Hemisphere to host the Olympic Games after Melbourne, Australia, in 1956 and Sydney, Australia, in 2000, and the first South American city to host the Olympics. The preparation for these Games was overshadowed by controversies, including the instability of Brazil's
Australian Olympic Foundation in Australia in accordance with the Olympic Charter including, in particular, funding the preparation and participation of the Australian Teams in the Olympic Games, Olympic Winter Games and Regional Games and the costs and expenses of the AOC. The Foundation's Annual Report for 2006 showed that as at 31 December 2006, the Foundation’s investments in managed funds were valued at $137 million with the Foundation’s net assets totalling $132.8 million Australian Olympic Foundation The Australian Olympic Foundation is a foundation established to help future Australian athletes develop and compete at an Olympic level. In February 1996, the Foundation was constituted