News: Finance
ASSA calls on Fair Work Commission to freeze Fitness Industry Award
Mindful of the impact of the Coronavirus on swim schools, the Australian Swim Schools Association (ASSA) has called for the Fair Work Commission to freeze wages and not apply an...
May 25, 2020
Legal /
Finance /
Aquatics /
Fitness
Viva Leisure prepares for gym reopenings
With its facilities closed since 25th March, Viva Leisure has advised of its plans for reopening its sites upon the easing of Coronavirus restrictions In a release today, the...
May 24, 2020
Finance /
Wellness /
Fitness
Victorian grassroots sporting clubs and associations to receive government support
Victorian community sporting clubs and associations can now apply for a share of more than $100 million in Victorian Government grants dedicated to supporting grassroots players...
May 24, 2020
Sport /
Finance
Australian Marine Conservation Society would welcome additional support for reef tourism sector
The Australian Marine Conservation Society (AMCS) has welcomed statements from the Federal Treasurer, Josh Frydenburg indicating the tourism industry could be provided with...
May 24, 2020
Tourism /
Finance /
Environment
Philanthropists offer help to Sydney’s beleaguered Carriageworks
More than 15 parties, including high-profile philanthropists, have come forward to offer their support to beleaguered Sydney arts institution Carriageworks as administrators...
May 24, 2020
Legal /
Finance /
Venues /
Arts
Canberra gyms prepare for post Coronavirus reopening
Fitness centres in the ACT are reportedly preparing to reopen as of next weekend. With the ACT due to proceed to stage two Coronavirus restrictions on 30th May, gyms will be...
May 22, 2020
Finance /
Wellness /
Fitness
Sri Lankan Prime Minister halts plans for new Colombo cricket stadium
Less than a week after Sri Lanka Cricket (SLC) announced plans for a 40,000-seat cricket stadium in Colombo, the nation’s Prime Minister, Mahinda Rajapaksa, has scrapped the...
May 22, 2020
Sport /
Finance /
Government /
Venues
Financial impact of Coronavirus puts new rides at Gold Coast theme parks on hold
The development of two major new rollercoasters that were due to open later this year at Sea World and Dreamworld on the Gold Coast appear to be in doubt as a result of the...
May 21, 2020
Tourism /
Finance /
Wellness /
Attractions
FOMO music festival enters liquidation with $5 million owing
Popular Brisbane-based music festival FOMO has collapsed owing $5 million to creditors. The national one-day event was wound up last week, with creditors advised the festival...
May 21, 2020
Events /
Legal /
Finance /
Venues /
Entertainment
New Zealand Prime Minister flags four-day working week to boost economy
New Zealand Prime Minister Jacinda Ardern has suggested employers might consider a four-day working week and other flexible working options as a way to boost domestic tourism...
May 20, 2020
Tourism /
Finance /
Wellness /
Government
Budget to fund Bendigo sports and recreation facility upgrades
The City of Greater Bendigo’s draft 2020/2021 Budget will fund upgrades to sports and recreation infrastructure across Greater Bendigo. Projects include the commencement of a...
May 20, 2020
Sport /
Finance /
Recreation
Hong Kong legislators struggle with Ocean Park bailout
The future of Ocean Park Hong Kong is in doubt with the Administrative region's legislators failing to agree on a Government bailout plan to inject HK$5.4 billion into the...
May 20, 2020
Tourism /
Education /
Finance /
Attractions /
Government
Newspaper reports that plans for Sunshine Coast's Actventure waterpark and resort are 'expected to be finalised in coming weeks'
The planned Actventure waterpark and resort on the Sunshine Coast, is reportedly ready to move forward with Brisbane newspaper The Courier-Mail reporting that the future of the...
May 20, 2020
Tourism /
Hospitality /
Finance /
Attractions /
Waterparks
Recovery panel established to support Geelong's creative communities
The City of Greater Geelong has appointed 21 leading cultural and creative practitioners to the Geelong COVID-19 Arts Recovery (G-CAR) Advisory Panel as part of its continuing...
May 20, 2020
Events /
Culture /
Finance /
Arts
Global sports sponsorship market predicted to fall by 37% this year
Global sports sponsorship rights fees are set to fall by more than US$17 billion (37% year-on-year) according to projections from data-driven sports marketing specialist Two...
May 19, 2020
Sport /
Marketing /
Finance
TEG appoints Matthew Donazzan as head of strategy, mergers and acquisitions
TEG has announced the appointment of corporate finance executive Matthew Donazzan to the newly created role, Director of Strategy and M&A. In his new role Donazzan will lead a...
May 19, 2020
Sport /
Finance /
Entertainment /
Ticketing
Queensland Government provides emergency funding for theme parks and wildlife attractions
The Queensland Government has today (19th May 2020) delivered an extra $50 million to support tourism businesses including theme parks and wildlife attractions in their recovery...
May 19, 2020
Tourism /
Finance /
Attractions
Creditors vote for liquidation of NBL's Illawarra Hawks
Creditors have voted to liquidate the remaining assets of NBL franchise the Illawarra Hawks after the team was put into administration for the second time in five years. A...
May 18, 2020
Sport /
Legal /
Finance
Reopened Beijing gyms demand exercisers wear face masks
With gyms in the Chinese capital of Beijing reopening in the aftermath of what seems to be the worst of the Coronavirus outbreak in the county, managers are imposing strict...
May 18, 2020
Safety /
Finance /
Wellness /
Fitness
Taranaki Rugby Union confirms financial restructuring
The financial troubles of the Taranaki Rugby Football Union is to see the body restructured with a number of jobs at risk. Partially caused by the closure of Yarrow Stadium and...
May 18, 2020
Sport /
Finance /
Venues
AFL to proceed with upgrade plan for Melbourne’s Marvel Stadium
Despite financial uncertainty resulting from the Coronavirus crisis, the AFL is to proceed with the $225 million overhaul of Melbourne’s Marvel Stadium into what League Chief...
May 17, 2020
Sport /
Design /
Finance /
Government /
Venues
Northern Territory grants available to assist sporting sector post Coronavirus recovery
Northern Territory Peak Sporting Bodies, sporting and active recreation organisations and regional councils are being encouraged to apply for the second expedited grant round of...
May 17, 2020
Sport /
Finance /
Recreation /
Surfaces
Initiative launched to help grassroots sport navigate COVID-19 crisis
Grassroots Pledge has launched as a new pay-it-forward initiative to help local sports clubs around Australia navigate through the COVID19 crisis. This initiative allows people...
May 17, 2020
Sport /
Finance
New Zealand budget includes $265 million for sport and recreation
New Zealand Minister for Sport and Recreation Grant Robertson has today announced a $264.6 million investment over four years into the sport and recreation sector as part to...
May 17, 2020
Sport /
Finance /
Recreation /
Government