News: Finance
Live Nation confident of future shows despite major revenue fall
Global entertainment giant has revealed a 92% fall in its year-on-year income in the fourth quarter of 2020 with its revenue falling to an all-time low. However, despite the...
Feb 27, 2021
Events /
Finance /
Venues /
Entertainment /
Ticketing
$40 million funding support announced for Indigenous Tourism
The Federal Government recently announced new support for Indigenous tourism offering business support and grants under the $40 million Indigenous Tourism Fund. The funding...
Feb 25, 2021
Tourism /
Culture /
Finance /
Government
Cairns Regional Council supports construction of new Griffiths Park grandstand
Cairns Regional Council has advised on its commitment of $1.5 million to assist the Cairns Cricket Association with the construction of a grandstand and amenities building at...
Feb 25, 2021
Sport /
Finance /
Venues
NRL cuts operating costs by more than a third in wake of Coronavirus challenges
The NRL reduced its operating costs by more than $65 million over the last year as it reacted to disruptions caused by the Coronavirus pandemic. According to a Sydney Morning...
Feb 24, 2021
Sport /
Finance
Perth Lord Mayor questions costs of new aquatic centre
Perth Lord Mayor Basil Zempilas has questioned the development and running costs for a new aquatic centre proposed as part of the redevelopment of the city's WACA ground....
Feb 24, 2021
Sport /
Finance /
Venues /
Aquatics
Queensland’s Indigenous Land and Sea Ranger program expands
To help protect Queensland’s natural and cultural landscapes, the State Government is providing the first funding instalment for the employment of 100 new Indigenous Land and...
Feb 23, 2021
Culture /
Finance /
Government /
Environment
Coronavirus pandemic creates fertile environment for online scams
The COVID-19 pandemic has provided cyber criminals with a fertile ground to execute scams and reap the riches, NZTech Chief Executive Graeme Muller advised at the New Zealand...
Feb 23, 2021
Education /
Finance /
Security
Reduced crowd numbers sees Australian Open anticipating $99 million loss
Craig Tiley, Chief Executive of Tennis Australia and Tournament Director of the Australian Open, has said that he expects the total losses from going ahead with this year’s...
Feb 23, 2021
Events /
Sport /
Safety /
Finance
AFTA spotlights the need for JobKeeper extension for the tourism industry
Working closely with other bodies including Tourism and Transport Forum Australia, the Australian Federation of Travel Agents (AFTA) highlights that without a JobKeeper...
Feb 23, 2021
Tourism /
Hospitality /
Finance /
Government /
Retail
The Wellness Program unveils advisors as it opens search for funding
Artificial intelligence solution The Wellness Program has announced two advisors - Emmett Williams and Alborz Fallah - who contribute their skills and expertise to provide...
Feb 22, 2021
Finance /
Technology /
Fitness
Online ticketing scams return to impact tourist attractions
An online scam which has defrauded hundreds of thousands of dollars from visitor attractions has been reported as having re-emerged in Australia. Operators already impacted by...
Feb 22, 2021
Tourism /
Legal /
Finance /
Attractions
Live Performance Australia calls for targeted JobSaver action to prevent further collapse of the arts and entertainment industry
With snap lockdowns, border closures and audience restrictions having critically impacted the recovery of the arts and entertainment industry, Live Performance Australia (LPA)...
Feb 22, 2021
Events /
Finance /
Venues /
Entertainment /
Arts
FRANdata gives Snap Fitness 5-Star franchise rating
Despite COVID-19’s significant economic impact on the fitness industry, Snap Fitness has become the first health and fitness franchise system in the country to achieve a...
Feb 22, 2021
Finance /
Wellness /
Retail /
Fitness
G’day Group purchases El Questro and Kings Canyon Resort from Delaware North
The G’day Group has today announced its purchase of iconic Australian tourism assets El Questro in Western Australia and Kings Canyon Resort in the Northern Territory from...
Feb 21, 2021
Tourism /
Hospitality /
Finance /
Recreation
17 marine tourism operators funded to monitor health of Great Barrier Reef
A $3.2 million Federal Government initiative will see 17 marine tourism operators along the Great Barrier Reef commence reef site monitoring and maintenance this week. The...
Feb 21, 2021
Tourism /
Finance /
Government /
Environment
Queensland Government continues to fund koala conservation efforts
A number of organisations including the Australia Zoo and Sunshine Coast University have received Queensland Government funding towards the conservation of koalas. Rehabilitated...
Feb 21, 2021
Education /
Finance /
Government /
Environment
Far North Queensland loses $2.2 billion of visitor spending
Cairns Regional Council has advised that more than $2.2 billion of visitor spending in the region was lost last year as a result COVID-19 related travel restrictions. A report...
Feb 20, 2021
Tourism /
Finance /
Aquatics
Tasmanian Premier unhappy with AFL response to bid for state-based team
Tasmanian Premier Peter Gutwein has released a statement advising that it “beggars belief” as to why the AFL requires another year to assess a feasibility for establishing a...
Feb 20, 2021
Sport /
Finance /
Government
Asset sales reduce Experience Co’s half-yearly losses as tourism operator
Experience Co, Far North Queensland’s largest biggest tourism operator, has revealed a half-yearly net loss of $200,000 in its results to 31st December. Experiencing a...
Feb 19, 2021
Tourism /
Finance /
Recreation /
Attractions
VIC Active calls on Victorian Government to fulfill its promise of financial assistance
VIC Active is calling on the Victorian Government to fulfill its promise of financially assisting fitness businesses that have been unduly impacted by the third COVID-19...
Feb 18, 2021
Finance /
Wellness /
Government /
Fitness
Australia’s $45 billion export tourism Industry at risk without JobKeeper replacement
According to the Australian Tourism Export Council, while some tourism businesses across Australia have seen an increase in revenues from domestic visitors, many regional and...
Feb 17, 2021
Tourism /
Finance /
Government
Netball Tasmania announces push for Super Netball license
Netball Tasmania has announced they will apply for a licence to compete in the Suncorp Super Netball (SSN) competition for the period commencing in 2022. With the Tasmanian...
Feb 17, 2021
Events /
Sport /
Finance /
Venues
Year of 'sacrifices' sees AFL report $22.8 million loss
The AFL has announced an operating loss of $22.8 million loss for 2020, a 12 month period that it has called “a year of sacrifices”. With the code’s year-on-year revenue falling...
Feb 17, 2021
Sport /
Finance /
Venues
Musicians call for JobKeeper extension
Thousands of musicians have signed an open letter pleading the Australian Government to extend JobKeeper beyond the planned cessation of the subsidy in March. The letter,...
Feb 16, 2021
Finance /
Government /
Entertainment