Fund set up to boost Games medal haul

A new $15 million fund will pay for equipment, coaching and high-performance training to boost Australia's medal chances at the Gold Coast Commonwealth Games.

The federal budget will include funds to boost Australia's medal chances at the Commonwealth Games. (AAP)

The federal government will set up multi-billion dollar fund to give Australian athletes the best chance of winning gold at next year's Commonwealth Games on the Gold Coast.

Tuesday's federal budget will include $15 million to help 2000-odd athletes, News Corp reports.

The fund will pay for equipment, coaching and high-performance training, and for athletes to travel to international meets around the world.