News: Finance
Cairns’ Tjapukai Aboriginal Cultural Park to close as COVID-19 hits tourism business
Local jobs are to be lost with the announcement today that the Tjapukai Aboriginal Cultural Park near Cairns is to close. Having operated for more than 30 years, the Park, the...
Jan 7, 2021
Tourism /
Culture /
Finance /
Attractions
Tasmanian Government helps fund return of events in 2021
As Tasmania recovers from the impacts of COVID-19, the Government’s T21 Visitor Economy Action Plan is aimed at rebuilding visitation and returning their home-grown events. The...
Jan 6, 2021
Events /
Tourism /
Finance /
Entertainment
NGV to receive $20 million grant from for new contemporary art gallery
The National Gallery of Victoria has announced that The Ian Potter Foundation has pledged $20 million - the single biggest grant in the Foundation’s history - towards the build...
Jan 6, 2021
Tourism /
Finance /
Attractions /
Venues /
Arts
Consortium of A-League clubs to take over Newcastle Jets
Football Australia and the newly formed Australian Professional Leagues (APL) have announced the immediate termination of the A-League and Westfield W-League licence held by...
Jan 4, 2021
Sport /
Finance
2021 winter sports user fees waived for local Blue Mountains sports groups
Blue Mountains City Council will continue to support the community through the COVID-19 pandemic by waiving sports user fees for the upcoming 2021 Winter Sports season. The move...
Jan 4, 2021
Sport /
Finance
Gold Coast Council announces grants to promote live music
The City of Gold Coast has announced a business improvement grants program to help live music venues and businesses grow and diversify their operations. Advising that the...
Jan 4, 2021
Events /
Finance /
Venues /
Entertainment
Policy body warns that thousands of tourism businesses face closure without $1 billion lifeline
Amid warnings that tourism will be wrecked by border closures that have disrupted the holiday season, the Federal Government is facing calls for an extra $1 billion in financial...
Jan 3, 2021
Marketing /
Tourism /
Finance /
Government
Japanese pay most for gym memberships
Results from a Compare the Market in Australia survey reveal that Japan is the most expensive country for the monthly cost of an adult gym membership. The new insights come at a...
Jan 3, 2021
Finance /
Fitness
A-League completes separation from Football Australia
Football Australia and the newly formed Australian Professional Leagues have today announced that terms have been agreed to ‘unbundle’ the A-League, Westfield W-League and...
Dec 31, 2020
Sport /
Finance
Sustainability grant helps fund new koala habitat in Greater Geelong
A community-driven tree planting program to aid the long-term survival of the local koala population, will be part-funded by the City of Greater Geelong via a $9000...
Dec 31, 2020
Finance /
Environment
Almost half of China’s 1.4 billion population spend less than US$150 a year on leisure activities
While the growing affluence of China’s vast population is welcomed across global markets, a new report has revealed that almost half of the nation’s 1.4 billion people spend...
Dec 30, 2020
Tourism /
Finance /
Attractions /
Retail
Hong Kong gym owners fearful of ongoing closures into 2021
With Hong Kong’s fitness clubs, gyms and studios again closed due to COVID-19 restrictions, and having been closed for more than 100 days during 2020, business owners are...
Dec 28, 2020
Safety /
Finance /
Government /
Fitness
Ombudsman’s report calls for action in addressing ‘national crisis’ in insurance coverage
The newly released Small Business Ombudsman’s Insurance Inquiry Report has called for urgent action to address what it describes as widespread market failure over the...
Dec 28, 2020
Safety /
Finance /
Insurance
Crowdfunding success sees Aussie Ark acquire wildlife refuge
Conservation organisation Aussie Ark has announced that following a successful month of crowdfunding, they have been able to acquire the Curricabark property which sits on 250...
Dec 23, 2020
Education /
Finance /
Environment /
Zoos
In the House expands arts and cultural activity in regional Western Australia
In the House grants program will see ten regional Western Australian venues share in $1,570,290 to expand their arts and cultural programs delivered by regional performing arts...
Dec 22, 2020
Culture /
Finance /
Venues /
Arts
Tokyo Olympics costs rise to US$15.4 billion
Organisers of the Tokyo Olympics will spend US$900 million on measures to stop the spread of COVID-19, taking the total cost of the rescheduled 2020 Games to US$15.4 billion....
Dec 22, 2020
Events /
Sport /
Safety /
Finance /
Venues
$100 million investment in NSW sports facilities to enable more people to be active and healthy
The NSW Government's $100 million investment in developing and upgrading sports facilities across the State will contribute to enabling more people to participate in sport and...
Dec 22, 2020
Sport /
Finance /
Wellness /
Government /
Venues
Jobs for Nature provides employment in Fiordland National Park
Work to stop invasive weeds spreading into one of New Zealand’s most loved national parks is the goal of a new Jobs for Nature project. Announced by New Zealand Conservation...
Dec 22, 2020
Finance /
Recreation /
Government /
Environment
Margaret River secures professional surfing event until 2024
A new sponsorship agreement with the Western Australian Government, through Tourism WA and the World Surf League (WSL) has seen the professional surfing event - the Margaret...
Dec 22, 2020
Events /
Sport /
Finance
Peloton announces US$420 million acquisition of fitness equipment brand Precor
US-based fitness and media company Peloton has advised that it is to acquire the Precor equipment brand from current owner Amer Sports in a deal worth a reported US$420 million....
Dec 22, 2020
Finance /
Technology /
Fitness
Milestone for Lower Hutt's Naenae Pool project with AECOM confirmed as project manager
Lower Hutt Mayor Campbell Barry has welcomed a key milestone in the project to rebuild Naenae Pool, with the appointment of AECOM to provide Project Management Services. This...
Dec 21, 2020
Design /
Finance /
Aquatics
2020 an ‘unprecedented’ year for sport administrators
Australian sport administrators have been under enormous stress during 2020 due to the COVID-19 pandemic and other issues, according to sport policy expert Greg Blood. Here he...
Dec 21, 2020
Sport /
Safety /
Legal /
Finance /
Recreation /
Government
Sea World’s New Atlantis precinct launches with opening of the Vortex
Guests have today been riding the new Vortex ride at Sea World on the Gold Coast. The first part of Village Roadshow's new $50 million New Atlantis precinct, construction of the...
Dec 21, 2020
Tourism /
Finance /
Attractions /
Entertainment
F45 ends listing plans but keeps up legal action against competitor Body Fit Training
Global fitness group F45 Training is reported to be maintaining its legal dispute against competitor Body Fit Training after ending its plans for a listing on the USA’s NASDAQ...
Dec 21, 2020
Legal /
Finance /
Retail /
Fitness