News: Finance
IHRSA shares updates on United States’ GYMS Act
The International Health, Racquet & Sportsclub Association (IHRSA) has shared that following a year of demonstrating to United States Congress that the health and fitness...
May 2, 2021
Finance /
Government /
Fitness
New report suggests women’s sport delivers better sponsorship outcomes
A newly released report from True North Research suggests that women’s sports teams deliver better outcomes for sponsors than men’s teams. Evaluating data from interviews with...
Apr 30, 2021
Sport /
Marketing /
Finance
Goulburn Council lends financial supports for sporting and musical events
Goulburn Mulwaree Council is supporting a number of events with both financial and in-kind assistance under its Event Development Funding Policy. There are two streams of...
Apr 30, 2021
Events /
Sport /
Finance /
Arts
NSW Government extends strategic partnership with Minerva Network for women in sport program
The NSW Government has agreed to extend its partnership with the Minerva Network enabling the Minerva Network to continue to work closely with the Office of Sport on...
Apr 29, 2021
Sport /
Education /
Finance
COVID impact sees Rugby Australia reveal $27.1 million loss for 2020
Rugby Australia’s financial results for 2020 show that it recorded a net deficit of $27.1 million due to the COVID-19 pandemic, with the governing body losing so much money it...
Apr 29, 2021
Sport /
Finance
Hollywood star Mark Wahlberg joins Power Plate as key stakeholder and brand ambassador
Leading whole body vibration training equipment and programming company Power Plate has announced that Hollywood star Mark Wahlberg has officially joined the company as both an...
Apr 29, 2021
Marketing /
Finance /
Wellness /
Fitness
New Zealand Rugby approves investment by US private equity firm Silver Lake
New Zealand Rugby has today approved a historic external investment, with a 12.5% stake set to be sold to US private equity firm Silver Lake for $387.5 million ($282 million)....
Apr 29, 2021
Sport /
Finance
Collective Wellness Group buys XTEND Barre brand rights to drive Australian growth
Leading health and fitness franchise management company, Collective Wellness Group (CWG) has acquired the rights to further develop and control the XTEND Barre brand in...
Apr 28, 2021
Finance /
Wellness /
Fitness
New funding for Northern Territory tourism businesses to attract workers
The Northern Territory Government is launching $2 million in support funding to attract workers to the Top End for the upcoming dry season. The Critical Worker Support Package...
Apr 27, 2021
Tourism /
Finance /
Government
MKTG Sport + Entertainment Sponsorship Survey now live online
Sports and entertainment marketing and operations business MKTG has announced that their sponsorship survey - the 2021 Frontier survey questionnaire - is now live online, and...
Apr 27, 2021
Sport /
Marketing /
Finance /
Entertainment
Federal Government agrees to back 50% of Brisbane’s 2032 Olympic Games costs
Australian Prime Minister Scott Morrison has guaranteed that the Federal Government will meet half the cost of Brisbane’s hosting of the 2032 Olympic Games, should the city be...
Apr 27, 2021
Events /
Sport /
Finance /
Government /
Venues
Grants offered to support Wollongong’s live music and community events
Wollongong City Council is offering two different grants - Live Music Grant and Community Event Grant - to bring vibrance, excitement and colour to their city through live music...
Apr 26, 2021
Events /
Culture /
Finance /
Entertainment /
Arts
$31.5 million approved to redevelop Gold Coast Turf Club into night racing venue
The Queensland Government has approved $31.5 million to redevelop the Gold Coast Turf Club’s 75-year-old racecourse into one of Australia’s most impressive night racing venues....
Apr 26, 2021
Tourism /
Finance /
Recreation /
Government /
Surfaces
Victorian Government extends support for Clubs, Associations and Leagues
The Victorian Government is extending its support to grassroots community sports, including local clubs, associations and leagues, to ensure they continue to survive and thrive....
Apr 25, 2021
Sport /
Finance /
Government
FILEX organisers announce new Business Summit dates
The organisers of FILEX have advised that after undertaking industry consultation its Business Summit will move from its original June dates and will now be held on Wednesday...
Apr 25, 2021
Education /
Finance /
Wellness /
Fitness
Adelaide’s General Admission Events falls into liquidation
Adelaide festival organiser, General Admission Events, which provided hospitality services, including staff and bar operations, to national festivals Groovin’ The Moo, FOMO,...
Apr 22, 2021
Events /
Hospitality /
Finance /
Venues /
Entertainment
Sunshine Coast Stadium stakeholders push for upgrade funding in Federal budget
With only a couple of weeks remaining until the Federal Government delivers its next budget, Sunshine Coast Council and supporters of the upgrade of Sunshine Coast Stadium...
Apr 22, 2021
Sport /
Finance /
Government /
Venues
Brisbane skating rink to close as gym franchise takes on building lease
Brisbane is losing its last major skating rink, the Stafford Skate Centre, with the business to close in September when its site lease ends. The venue, which has operated for...
Apr 22, 2021
Finance /
Recreation /
Fitness
Sponsors help finance West Kempsey BMX Pump Track
With construction to commence soon on the new West Kempsey BMX Pump Track, the West Kempsey Pump Track Committee would like to acknowledge the generous sponsors that are helping...
Apr 21, 2021
Sport /
Finance /
Recreation /
Parks
ICC Sydney welcomes Martin Clapham as Director of Business Services
International Convention Centre Sydney (ICC Sydney) has welcomed Martin Clapham to the role of Director of Business Services, responsible for overseeing and controlling all...
Apr 21, 2021
Events /
Finance /
Venues
Ardent Leisure promotes Greg Yong as Theme Park Division Chief Executive
Ardent Leisure Group has announced the appointment of Greg Yong, its current Chief Operating Officer, as Chief Executive of its theme parks and attractions division. Yong will...
Apr 21, 2021
Tourism /
Finance /
Attractions /
Technology /
Entertainment
Victorian Government releases $633 million ‘roadmap’ funding to boost tourism and major events
Today’s Victorian Tourism Conference has seen the state’s Minister for Tourism, Sport and Major Events, Martin Pakula announce a “roadmap” that will help boost the tourism and...
Apr 21, 2021
Events /
Tourism /
Finance /
Attractions /
Government
Work commences on E.S. Marks Athletics Field’s $4.8 million upgrade
As part of the Moore Park Master Plan 2040 initiative, work has commenced on the $4.8 million redevelopment of Sydney’s historic E.S. Marks Athletics Field at Centennial Park....
Apr 21, 2021
Sport /
Finance /
Venues /
Parks
Company director behind Dunk Island tourism revitalisation plan hit with 20-year ban
Ambitious plans to transform Mission Beach and Dunk Island in Far North Queensland appear to be over with Mayfair 101 company founder James Mawhinney banned from fundraising and...
Apr 20, 2021
Tourism /
Legal /
Hospitality /
Finance