MELBOURNE (Reuters) - The Australian Sports Commission (ASC) has taken the razor to the country's elite swimming programme in the wake of the Olympic team's flop at the London Games and a number of scathing reports into its management. Swimming remains Australia's top-funded sport but will have its funding cut by 5.8 percent to A$8.165 million (5.52 million pounds) in the 2013-14 financial year (July 1, 2013 - June 30, 2014), according to data released on the ASC's website (www.ausport.gov.au) on Monday. ...
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