News: Finance
FFA agrees new broadcast deal with A-League 2020/21 season set for winter finish
Football Federation Australia (FFA) has announced a new broadcast deal with Fox Sports that will ensure the remainder of the Hyundai A-League 2019/20 season will resume on 16th...
Jun 19, 2020
Sport /
Finance
Tourism and Transport Forum calls for extension of JobKeeper for another six months
The Tourism and Transport Forum (TTF) is warning of hundreds of thousands of job losses and a significant decline in the industry if the Federal Government does not extend its...
Jun 19, 2020
Tourism /
Finance /
Government
Mass participation sporting event industry highlights $1.1 billion Coronavirus impact
Australia’s leading mass participation sporting event organisers have come together to show how COVID-19 is leaving a $1.1 billion hole in the national economy. The...
Jun 18, 2020
Events /
Sport /
Finance /
Recreation
Ardent Leisure shareholders launch class action over Dreamworld deaths
The Ardent Leisure Group has acknowledged that it has been served with a shareholder class action as a result of the deaths of four people at Dreamworld on the Gold Coast in...
Jun 18, 2020
Tourism /
Safety /
Legal /
Finance /
Attractions
Border tensions sees IPL under pressure to drop Chinese sponsor
A border dispute between China and India that has led rising military and political tension between the two nations, is leading to calls for the Board of Cricket Control of...
Jun 18, 2020
Sport /
Finance /
Government
Skills Active welcomes funding initiative for apprentices
Skills Active has applauded the New Zealand Government’s new $380 million Apprentice Boost initiative to support sport, recreation and performing arts employers to hire and keep...
Jun 17, 2020
Education /
Finance /
Recreation /
Aquatics /
Fitness /
Arts
Massive revenue decline sees YMCA reconsider offering New Zealand summer camps
With the YMCA in New Zealand having experienced a 95% drop in revenue over recent months, reports suggest that it is considering not staging the summer camps that is held over...
Jun 17, 2020
Safety /
Education /
Finance /
Recreation
NBL awards Illawarra Hawks licence to an international syndicate
The NBL has awarded the Illawarra Hawks licence to an international syndicate that will change the team's name as it looks to attract new fans to the foundation club. The new...
Jun 17, 2020
Sport /
Finance /
Venues
Dubai gyms close permanently as Coronavirus impacts UAE fitness sector
The Coronavirus shutdown has seen at least five gyms in Dubai permanently ceasing operations. Closed for over two months in line with United Arab Emirates Government safety...
Jun 16, 2020
Finance /
Fitness
City Football Group launches campaign to aid in community recovery
To assist communities in their recovery from the COVID-19 crisis, City Football Group (CFG) has introduced Cityzens Giving For Recovery, a 12-month recovery campaign bringing...
Jun 16, 2020
Sport /
Finance
KidZania Singapore will not reopen after Coronavirus shutdown
After four years of operations, ‘edu-tainment’ attraction KidZania Singapore will not be reopening upon the lifting of Singapore’s ‘circuit breaker’ anti-Coronavirus measures...
Jun 16, 2020
Tourism /
Education /
Finance /
Attractions
Kevin Roberts resigns as Cricket Australia Chief Executive
Kevin Roberts has today resigned as Chief Executive of Cricket Australia with the Cricket Australia Board announcing the appointment of Nick Hockley, currently Chief Executive...
Jun 16, 2020
Sport /
Finance /
Recreation /
Venues
Facilities hosting elite swimmers to benefit from new Federal technology funding
The Australian Government’s announcement of new funding for high performance athletes is to include $725,000 for Swimming Australia to equip at least one pool in each state with...
Jun 15, 2020
Sport /
Finance /
Government /
Technology /
Aquatics
New Queensland retail centre to feature Viva Leisure brands
The developers of the new Yamanto Central in the South East Queensland city of Ipswich have announced that Viva Leisure has secured two sites within the shopping mall where it...
Jun 15, 2020
Finance /
Retail /
Fitness
FFA Women’s Football Council releases Business Case to transform women’s football
With Australia a potential host of the FIFA Women’s World Cup in 2023, the FFA Women’s Football Council has today released its 10-year Business Case for women and girls in...
Jun 15, 2020
Sport /
Finance
Federal Government commits extra $50 million for elite Australian athletes
The Australian Government has announced $50.6 million in funding over two years for high performance athletes. Media reports today indicate that Federal Minister for Youth and...
Jun 13, 2020
Sport /
Finance /
Government
Australian Institute of Fitness' Steve Pettit says industry 'will never look the same as it did pre COVID-19'
With the easing of Coronavirus restrictions now seeing gyms able to operate across most of Australia's states, as well as without restriction in New Zealand, Steve Pettit, Chief...
Jun 13, 2020
Education /
Finance /
Wellness /
Fitness
Community sporting clubs facing financial ruin as revenue streams hit by Coronavirus impact
While Coronavirus restrictions around Australia are being eased, with community sport following elite sport in being able to restart, local sporting clubs and competitions -...
Jun 12, 2020
Sport /
Finance /
Recreation /
Wellness
Creative New Zealand adds $13 million to initial emergency arts funding
Creative New Zealand has responded to the extraordinary volume of applications for its COVID-19 Emergency Response Package, investing an additional $13 million in its now closed...
Jun 12, 2020
Culture /
Finance /
Arts
Seven Network to save $87 million with new AFL broadcast deal
The AFL has announced a revised broadcast rights deal with both the Seven Network and Foxtel, covering the current agreement to 2022, plus an extension of two years for season...
Jun 11, 2020
Sport /
Finance
World Tourism Organization provides global resources for industry restart
The United Nations World Tourism Organization (UNWTO) has released a series of resources to help formulate a sector-wide response to the unprecedented challenge of the COVID-19...
Jun 11, 2020
Tourism /
Finance /
Wellness /
Government
CrossFit Chief Executive ‘retires’ following backlash over comments about George Floyd's death
With numerous partners and affiliates severing their links with the company, CrossFit Chief Executive Greg Glassman has reportedly stepped down and retired from the exercise...
Jun 10, 2020
Marketing /
Finance /
Fitness
Equestrian Australia enters administration after withdrawal of Sports Australia funding
Peak body Equestrian Australia has been placed in voluntary administration by its board in a bid to avoid insolvency. In what has been described as a "difficult decision”,...
Jun 10, 2020
Sport /
Finance
Facebook and PayPal invest in Indonesian lifestyle App Gojek
Facebook messaging platform WhatsApp and payment platform PayPal have invested in South East Asian payment, food delivery and ride-hailing app company Go-Jek - which owns...
Jun 9, 2020
Hospitality /
Finance /
Ticketing