News: Finance
VTIC fear loss of jobs in Victorian tourism and events without further support
One third of Victoria’s tourism and events sector will slash jobs and 13% will close permanently if there is not ongoing support for the industry beyond the end of the Federal...
Feb 16, 2021
Events /
Tourism /
Finance /
Government
2019 taxpayer-funded study into viability of a Northern Territory AFL team remains unreleased
A study into the viability of an AFL club in the Northern Territory has yet to be released despite having been completed for nearly 18 months As reported by the ABC, in 2018 the...
Feb 16, 2021
Sport /
Finance
Federal Government stalls on $20 million commitment for Sunshine Coast Stadium expansion project
Sunshine Coast Council is facing the prospect of having to halt its plan to upgrade the Sunshine Coast Stadium having failed to secure a $20 million commitment from the Federal...
Feb 16, 2021
Sport /
Finance /
Government /
Venues
TEG reports successful deployment of $11.1 million funds raised from FIRE FIGHT AUSTRALIA concert
TEG has reported that the $11.1 million funds raised from the FIRE FIGHT AUSTRALIA concert held one year ago today have been successfully deployed to support hundreds of aid...
Feb 16, 2021
Events /
Finance /
Venues /
Entertainment
Survey finds workers considering leaving the Victorian music industry
A new study examining the impact of the Coronavirus pandemic on the Victorian music sector found that 58% of respondents are considering leaving the industry. Commissioned by...
Feb 15, 2021
Finance /
Entertainment /
Arts
With Councillor admitting ‘no swimming pool in Perth makes money’ City of Bayswater commits to aquatic centre upgrade
The City of Bayswater is to borrow more money to ensure its Bayswater Waves aquatic does not “rot” or close down. Councillors voted 9-1 at a meeting last month to endorse an...
Feb 15, 2021
Finance /
Recreation /
Aquatics
Boutique gym brand REVL reports membership rise
Operating gyms in prominent locations in Adelaide, Melbourne, Sydney and on the Sunshine Coast, boutique fitness brand REVL Training has reported a rise in memberships since the...
Feb 14, 2021
Finance /
Wellness /
Fitness
Grants available to support Northern Territory local sport
To support the involvement of Northern Territorians in sport and active recreation, a range of grants are now open as part of the second round of the Grass Roots Grant Program...
Feb 14, 2021
Sport /
Finance
New funding schemes support Queensland touring arts
Two new funds will be investing in touring performing and visual arts projects throughout Queensland. Following extensive consultation with Arts organisations, the new Touring...
Feb 14, 2021
Culture /
Finance /
Entertainment /
Arts
Tasmanian Premier calls for solid timeline for Tasmania getting its own AFL team
Tasmanian Premier Peter Gutwein has called on the AFL to provide a solid timeline for when Tasmania will get its own team, threatening to end the state’s financial support for...
Feb 12, 2021
Sport /
Finance /
Government /
Venues
New Zealand Tourism Minister says industry 'shouldn't expect more Government support'
New Zealand Tourism Minister Stuart Nash has shared a bleak message for the tourism industry across the country suggesting that it cannot expect ongoing Government support to...
Feb 12, 2021
Tourism /
Finance /
Attractions /
Government
Dubai theme park operator urges shareholders to back takeover offer
Dubai-based DXB Entertainments, operator of Dubai Parks and Resorts, is urging shareholders to accept an offer from its majority shareholder, state-controlled Meraas Holding, to...
Feb 12, 2021
Tourism /
Finance /
Attractions /
Entertainment /
Retail
International fitness bodies launch leadership initiatives
The International Health, Racquet & Sportsclub Association (IHRSA) and the Singapore-based Fit Summit have this week each launched leadership initiatives that aim to shape and...
Feb 10, 2021
Marketing /
Finance /
Wellness /
Fitness
Reorganised V1 Group looks for expansion in China’s sport and entertainment industries
Leading Chinese sports lottery and entertainment service provider the V1 Group is looking for significant growth in the domestic market following a recent internal...
Feb 10, 2021
Sport /
Hospitality /
Finance
TEG acquires Sydney boutique promoter and events company Handsome Tours
TEG has today announced the acquisition of a majority stake of Sydney-based boutique tour and events promoter Handsome Tours. Specialising in breaking alt-pop, indie rock and...
Feb 10, 2021
Events /
Finance /
Entertainment
Kate Palmer appointed as Chief Executive of unified Australian athletics bodies
The Boards of Little Athletics Australia and Athletics Australia have announced that former Sport Australia Chief Executive, Kate Palmer has accepted the role of Chief Executive...
Feb 10, 2021
Sport /
Marketing /
Finance /
Recreation
Inquiry finds Crown Resorts not suitable to operate new Sydney casino
A report has deemed Crown Resorts as being unsuitable to operate its new casino at Barangaroo on the Sydney harbour foreshore. Tabled in the NSW Parliament yesterday afternoon...
Feb 9, 2021
Legal /
Hospitality /
Finance
World Gym Australia promotes Amanda Fraser to Chief Operating Officer role
World Gym Australia has announced the promotion of Amanda Fraser to Chief Operating Officer of World Gym Australia and Proarc International, World Gym’s master franchise in...
Feb 9, 2021
Finance /
Fitness
Community sport facilities deliver $7 billion value to Victoria
Victoria’s community sport and active recreation sector is delivering exponential economic, health and social benefits, a new report has revealed. The Value of Community Sport...
Feb 8, 2021
Sport /
Finance /
Recreation
$200 million plus redevelopment plan proposed for Launceston’s UTAS Stadium
The City of Launceston is to consider the endorsement of a $208 million plan - which aims to create a sustainable model for a fit-for-purpose sporting stadium in Launceston - at...
Feb 8, 2021
Sport /
Finance /
Government /
Venues
As operating costs rise Council considers options for Central Coast Stadium
Facing declining usage and operating losses of up to $1.4 million a year, the Central Coast Council is considering options for the future of its Central Coast Stadium. Built in...
Feb 5, 2021
Sport /
Finance /
Venues /
Entertainment
Australian Gliders conservation project receives endangered species recovery grant
As part of their Australian Endangered Species Recovery Grants, Conservation organisations WildArk, Aussie Ark and Global Wildlife Conservation, have awarded $16,000 to Native...
Feb 3, 2021
Education /
Finance /
Environment
Netball Australia agrees new broadcast and digital rights partnership with Foxtel
Netball Australia and the Super Netball League Commission have announced a five-year broadcast and digital rights partnership with the pay-TV company Foxtel, with Suncorp Super...
Feb 3, 2021
Sport /
Finance /
Technology
New Zealand Government rolls out $50 million regional events fund
The New Zealand Government has announced further funding for a wide range of events and activities to stimulate domestic tourism. Contracts have now been signed with all nine of...
Feb 3, 2021
Events /
Tourism /
Finance /
Government