Australasian Leisure Management

News: Finance

Australian Fitness Show creator Shaun Krenz departs Reed Exhibitions
Shaun Krenz, Reed Exhibitions’ well-known Director of the Australian Fitness Show, has announced that his “time at the helm of the Fitness Show portfolio of events has come to...
Jul 21, 2020
Events /
Finance /
Fitness
Gold's Gym acquired by German owners
US-based Gold’s Gym International, which filed for bankruptcy in May, has been acquired by German fitness and lifestyle brand the RSG Group GmbH. Hit hard by the economic...
Jul 19, 2020
Legal /
Finance /
Fitness
Without JobKeeper 60% of Australian fitness businesses will close in less than a month
An explosive report from Fitness Australia has revealed that, without the Federal Government's JobKeeper payments or other financial support, 60% of businesses in the exercise...
Jul 19, 2020
Finance /
Wellness /
Government /
Fitness
Thousands back ATIC petition for retention of JobKeeper allowance
The Australian Tourism Industry Council (ATIC) has highlighted a petition of 10,000 people proactively calling for the Federal Government to extend the JobKeeper program’s...
Jul 17, 2020
Tourism /
Finance /
Government
Equestrian Australia avoids liquidation as creditors agree to reform
Troubled national sporting organisation Equestrian Australia has avoided liquidation with creditors having agree to support administrator KordaMentha’s proposal to reform the...
Jul 17, 2020
Sport /
Finance
New Zealand looks to host entire 2020 Rugby Championship and new trans-Tasman competition in 2021
The ability to host sporting events without fan restrictions has prompted SANZAAR to announce that the country is the “favoured option” for hosting the 2020 Rugby Championship...
Jul 16, 2020
Sport /
Finance /
Venues
Further support announced for Tasmania’s NBL1 clubs
The Tasmanian Government has committed to supporting the state’s sport and recreation sector in their recovery and rebuilding from COVID-19 by extending its basketball school...
Jul 16, 2020
Sport /
Finance
South Australian nature-based tourism destinations to receive funding boost
South Australia’s nature-based tourism sector is to receive a much needed financial boost through both Federal and State Government funding with works starting on the $10...
Jul 15, 2020
Tourism /
Finance /
Environment
New Zealand zoos and aquariums welcome government relief for animal conservation and care
The Zoo and Aquarium Association Australasia (ZAA) has welcomed the announcement from New Zealand Conservation Minister Eugenie Sage of almost $15 million in government support...
Jul 14, 2020
Tourism /
Finance /
Attractions /
Environment
AIS announces funding boost for Olympic and Paralympic sports
Aligned with prioritising the delivery of sustainable success at multi-sport pinnacle events, the Australian Institute of Sport (AIS) has announced a boost in high performance...
Jul 14, 2020
Sport /
Finance
Federal Government to provide $233 million backing for tourism in national parks
In a move to help the struggling tourism sector recover from the impacts of Coronavirus, the Federal Government will spend $233 million on tourism and infrastructure projects...
Jul 12, 2020
Tourism /
Culture /
Finance /
Government /
Environment
Victoria Tourism Industry Council welcomes business support package for ‘battered’ tourism industry 
The Victoria Tourism Industry Council (VTIC) has welcomed the $534 million business support package announced yesterday by the Victorian Government, saying that it will be “a...
Jul 10, 2020
Marketing /
Tourism /
Hospitality /
Finance /
Attractions /
Government
Philanthropists’ multimillion-dollar lifeline to save Sydney's Carriageworks arts hub
Multimillion dollar backing from a group of philanthropists is to ensure the future operations of Sydney arts and events venue the Carriageworks, with the NSW Government...
Jul 10, 2020
Events /
Finance /
Venues /
Arts
Victorian Government announces $534 million support package for Coronavirus impacted businesses
With parts of the state re-entering lockdown earlier this week, the Victorian Government has today unveiled a $534 million support package for businesses. The package includes...
Jul 10, 2020
Marketing /
Tourism /
Hospitality /
Finance /
Government /
Fitness
Coronavirus impact sees Dreamworld make 50 positions redundant
The impact of the Coronavirus pandemic has forced Gold Coast theme park Dreamworld to make dozens of jobs redundant. With reports suggesting Dreamworld will not reopen until the...
Jul 10, 2020
Tourism /
Finance /
Attractions /
Entertainment /
Waterparks
NT Cricket secures naming rights deal for DXC Arena
As part of a new agreement, DXC Technology is to become NT Cricket’s inaugural Premier Partner and Naming Rights Partner of Marrara Cricket Ground, which sees the home of...
Jul 9, 2020
Sport /
Marketing /
Finance /
Venues
Eden Park looks to hosting of multiple World Cup events over next three years
With Eden Park set to host three World Cup events in the next three years, the Auckland venue is embracing the New Zealand Government’s latest sport recovery funding...
Jul 8, 2020
Events /
Sport /
Finance /
Government /
Venues
World Athletics looks to broaden mass participation reach
World Athletics has released a four-year Strategic Plan setting out ambitions to double its number of commercial partners, align its hosting protocols with the needs of cities...
Jul 7, 2020
Sport /
Marketing /
Finance
Funding released to assist New Zealand sport recovery at all levels
The New Zealand Government has announced its first major release of funding - $80million – to assist in the recovery of sport from community level through to elite sport. The...
Jul 7, 2020
Sport /
Finance
FIFA Women’s World Cup 2019 delivered US$321 million economic boost
Last year’s FIFA Women’s World Cup in France contributed US$321 million (€284m) to the country’s economy, according to a new report published by the French Football Federation...
Jul 6, 2020
Events /
Sport /
Finance
Queensland Government helps families return to sport
The return to sport by Queensland families impacted by COVID-19 is being assisted by the State Government’s release of a new round of $150 Fair Play vouchers. The special...
Jul 5, 2020
Sport /
Finance
Barooga Sporties Health and Fitness centre receives funding for indoor heated pool facilities
Moira Shire Council has voted to grant Barooga Sporties Health and Fitness Centre up to $100,000 over two financial years to subsidise the provision of indoor heated pool...
Jul 3, 2020
Finance /
Aquatics /
Fitness
Goulburn Swim School to close after 24 years in business
The impact of the Coronavirus shutdown along with changing business and personal circumstances has seen Jenny and Ron Neate, owners of the Neate Swim School in the NSW town of...
Jul 2, 2020
Safety /
Education /
Finance /
Aquatics
New Zealand Government halts America’s Cup payments over funding allocations
The New Zealand Government has halted upcoming payments to the events arm of the 36th America’s Cup amid concerns over the allocation of funding for the sailing showpiece, which...
Jul 2, 2020
Events /
Sport /
Finance