News: Finance
Dubai’s DXB Entertainments gets approval for US$1.17 billion debt transfer
DXB Entertainments, the Dubai-based leisure and entertainment company, has advised that it has won approval from its shareholders to transfer AED4.3 billion (US$1.17 billion)...
Mar 12, 2021
Tourism /
Finance /
Attractions /
Waterparks
Suspicions that Federal Government's $1.2 billion tourism stimulus package targets marginal constituencies
Australian Prime Minister Scott Morrison has today confirmed details of the $1.2 billion package aimed at getting more Australians to undertake domestic travel, but has been...
Mar 11, 2021
Tourism /
Finance
Federal Court allows Viagogo a reprieve in paying $7 million fine
The Federal Court has allowed ticket-reseller Viagogo to hold off paying a $7 million fine for breaching the Australian Consumer Law pending the result of the Swiss-based...
Mar 11, 2021
Sport /
Legal /
Finance /
Entertainment /
Ticketing
Federal Government's tourism package includes six-month extension of Zoos and Aquarium program
The package of measures to stimulate Australia's tourism industry after the cessation of the JobKeeper allowance will see the existing Zoos and Aquarium program extended by six...
Mar 11, 2021
Tourism /
Finance /
Attractions /
Zoos
ATIC says tourism package will fail to stem major tourism job and business losses
The Australian Tourism Industry Council (ATIC) has expressed its fear that the Federal Government’s tourism support package will fail to stem major job losses and closures now...
Mar 10, 2021
Tourism /
Finance /
Government
Queensland Government invests another $200 million into 65 regional council projects
The Queensland Government’s ‘Works for Queensland’ program is investing another 200 million into 65 regional councils supporting regional Queensland’s economic recovery....
Mar 10, 2021
Finance /
Recreation /
Government /
Venues /
Play
Rapid growth sees Fitness Business Sales expand its staff team
Just four months from its launch, the growth of consultancy firm Fitness Business Sales has seen it expand with the appointment of Paul Harvey to its staff team. A consultancy...
Mar 10, 2021
Finance /
Consultants /
Fitness
Federal Government set to subsidise flights in tourism support package to replace JobKeeper
The Australian Government is expected to subsidise 800,000 domestic flights, help the nation’s two main airlines and offer cheap loans to small operators as part of $1.2 billion...
Mar 10, 2021
Tourism /
Finance /
Government
Australian Sports Commission revealed to have underpaid casual pool lifeguards
The Australian Sports Commission is reviewing staff entitlements following reports that casual employees working at Australian Institute of Sport (AIS) facilities in Canberra...
Mar 9, 2021
Sport /
Legal /
Finance /
Aquatics
Cardinia Shire Council’s Aboriginal and CALD Sports Assistance Program now open
Cardinia Shire’s Aboriginal and CALD Sports Assistance Program is now open - providing financial support to enable young people from Aboriginal and CALD communities who live in...
Mar 9, 2021
Sport /
Finance
Local communities share $10 million funding for bushfire wildlife and habitat recovery
The Federal Government is supporting local communities impacted by last year’s bushfires with $10 million in grants for wildlife and habitat recovery through hands on projects....
Mar 8, 2021
Finance /
Government /
Environment
Torquay golf resort sold for $12.8 million
Former Morgan Stanley investment banker Jack Dahan has acquired the Sands golf resort in Torquay on Victoria’s Bellarine Peninsula for $12.8 million, paying just over half what...
Mar 8, 2021
Tourism /
Finance /
Golf
Queensland Government loan supports local tourism sector
The Queensland Government has provided a conditional loan to hundreds of local Queensland tourism operators and suppliers to support their recovery from COVID-19 restrictions....
Mar 8, 2021
Tourism /
Finance /
Government
Christchurch Metro Sports Facility to feature innovative Waste Heat Recovery technology
Moving towards completion in 2022, Christchurch’s Metro Sports Facility is set to feature New Zealand’s first Waste-Water Heat Recovery System. The system works by re-using...
Mar 8, 2021
Finance /
Technology /
Aquatics /
Environment
Victorian Government funds historic VFL clubs
Historic clubs including Williamstown, Coburg and Port Melbourne will be supported in a tri-state VFL competition, with details of near $1 million funding from the Victorian...
Mar 4, 2021
Sport /
Finance /
Government
Inaugural Newcastle Knights Minerva Scholarship awarded to Surf Life Saving athlete Jemma Smith
The Minerva Network has announced that Jemma Smith – an outstanding Surf Life Saving athlete – has been awarded the inaugural $10,000, 12-month Newcastle Knights Minerva...
Mar 4, 2021
Sport /
Education /
Finance
Genesis Health and Fitness Chief Executive positive about 2021 resurgence
Following a challenging 2020 due to the lockdown of gyms across Australia, Genesis Health and Fitness Chief Executive, Ian Jensen-Muir had advised that the group is off to a...
Mar 3, 2021
Finance /
Fitness
Queensland Government and AFL launch $8 million partnership to support community facilities and participation
The Queensland Government and the Australian Football League have launched an $8 million partnership to support new community AFL facilities and to boost player participation....
Mar 2, 2021
Sport /
Finance /
Government /
Venues
Chinese Super League champions ceases operations in blow to nation’s football aspirations
Just three months after winning the Chinese Super League title for the first time, Jiangsu FC has announced it will “cease operations” with immediate effect, creating huge...
Mar 1, 2021
Sport /
Finance
Transaction Services Group to be merged with US-based payment solutions provider Clearent
Private equity firm Advent International has announced the merger of two of its portfolio companies, Transaction Services Group - the global provider of business management...
Mar 1, 2021
Finance /
Technology /
Billing /
Fitness
Media report sees former Goodlife personal trainer make ‘unpaid labour’ allegations
Goodlife Health Clubs has been accused of operating a personal training “scam” in an article in The Australian . The report, published on Thursday, is based on a TikTok video,...
Feb 28, 2021
Finance /
Billing /
Fitness
Bega Valley businesses lack confidence in the viability of their 2021 operations
The findings of a Business Survey Report released this week show businesses across the Sapphire Coast region are still recovering following multiple COVID-19 related shutdowns....
Feb 28, 2021
Tourism /
Hospitality /
Finance /
Venues
Queensland arts projects to receive over $800,000 in funding
21 Queensland arts projects are sharing $812,037 of State Government funding in the latest round of the Queensland Arts Showcase Program (QASP) to deliver diverse cultural...
Feb 28, 2021
Culture /
Finance /
Government /
Arts
Ecotourism Australia continues to call for funding support from Federal Government
With JobKeeper scheduled to finish at the end of March 2021, Ecotourism Australia highlight they have received no advice as to what the Federal Government’s response will be to...
Feb 27, 2021
Tourism /
Finance /
Government /
Environment