The future of the Australian Open in Melbourne is secure until 2036.
Victorian Premier John Brumby on Monday committed to a multi-million-dollar plan to keep the Open at Melbourne Park. It is the most significant decision in the 104-year history of the championships.
The biggest tennis event in the southern hemisphere will stay where it belongs as Melbourne Park undergoes a dazzling revamp.
The Victorian government has pledged $5million to develop a capital works programme while the project itself is certain to run into hundreds of millions of dollars.
By completion, Melbourne Park will again stand alongside its grand slam cousins as a world-class arena.