News: Finance
Rugby Australia announces new Chair-elect
Rugby Australia has announced today that Hamish McLennan is to join its board as a Director and Chair-elect as of its next meeting on 15th June. Media executive McLennan will...
May 15, 2020
Sport /
Finance
Fair Work Commission rules against Village Roadshow Theme Parks worker who opposed being forced to take leave
A landmark case has seen the Fair Work Commission rule against an employee who opposed Village Roadshow Theme Parks forcing her to take leave. In an indication that workers are...
May 15, 2020
Tourism /
Legal /
Finance /
Attractions /
Government
New Zealand Government’s Wellbeing Budget creates Coronavirus Response and Recovery Fund
The New Zealand Government has announced a $50 billion COVID-19 Response and Recovery Fund (CRRF) it 2020 ‘Wellbeing’ Budget. Following principles announced in 2019, the budget,...
May 14, 2020
Finance /
Wellness /
Government
Inaugural virtual summit attracts elite athletes and science experts
Organisers of a world-first virtual summit, CompeatCon 2020, announced that the two-day event held on 30th April and 1st May raised thousands of dollars destined to fund...
May 13, 2020
Sport /
Finance /
Wellness /
Technology
Tasmanian Government commits to supporting sport and recreation sector
The Tasmanian Government has advised it is committed to supporting the State’s sports and recreation sector during these challenging times. Tasmanian Minister for Sport and...
May 13, 2020
Sport /
Finance
AFL announces protocols for return to training and play
The AFL has today announced strict protocols to ensure its 2020 season can resume, ordering every listed player and staff member to be tested for COVID-19 by Friday before...
May 13, 2020
Sport /
Finance /
Wellness /
Venues
Prime Minister Scott Morrison says role was in giving authority on grant announcements
Australian Prime Minister Scott Morrison has claimed the role of his office in the controversial Community Sport Infrastructure Grant Program prior to the last Federal election...
May 13, 2020
Sport /
Legal /
Finance /
Recreation /
Government
FFA set lose $6 million sponsorship with major A-League sponsor Hyundai
The financial troubles of Football Federation Australia (FFA) are reportedly set to increase with major sponsor Hyundai to end its 15-year association with the A-League. The...
May 12, 2020
Sport /
Marketing /
Finance
Survival package unveiled for Victorian sport, tourism and creative industries
The Victorian Government has today (13th May 2020) unveiled its ‘Experience Economy Survival Package’ aimed at supporting Victorian sport, tourism and creative industries, with...
May 12, 2020
Sport /
Tourism /
Culture /
Finance /
Arts
Hills Shire Council commits to rebuild of Waves Aquatic Centre
The Hills Shire Council has moved forward with its $55 million plan to rebuild the area’s only public pool, Waves Aquatic Centre at Baulkham Hills. With the renewal of the...
May 12, 2020
Design /
Finance /
Recreation /
Government /
Aquatics
Hong Kong's Ocean Park faces closure as Government considers financial aid package
With the city's tourism sector at a standstill and having been closed since late January due the Coronavirus pandemic, Hong Kong theme park Ocean Park could go out of business...
May 12, 2020
Tourism /
Finance /
Attractions /
Government /
Entertainment
Bushfire affected wildlife and plants to receive $150 million funding boost
The Federal Government has announced a $150 million funding boost on top of the $50 million initial recovery package for native wildlife and habitat areas affected by bushfires....
May 12, 2020
Finance /
Environment /
Parks
Gemba launches program for high-potential sport and entertainment industry start-ups
Leading sport and entertainment consultancy Gemba has unveiled its new sports start-up initiative Tenka, which aims to support high-potential ventures within the sports and...
May 11, 2020
Sport /
Finance /
Entertainment /
Consultants
Prime Minister Scott Morrison denies misleading Parliament over involvement in sports rorts
Australian Prime Minister Scott Morrison has denied he misled Parliament regarding his role in the pre 2019 election allocation of grants from the Community Sport Infrastructure...
May 11, 2020
Sport /
Legal /
Finance /
Recreation /
Government
Live Nation says no return to ‘full scale’ concerts until 2021 as it looks to drive-in events
With the spread of Coronavirus have stopped live shows across the world, international entertainment giant Live Nation has advised that it is not planning to resume concerts at...
May 10, 2020
Finance /
Wellness /
Venues /
Entertainment
Coronavirus and financial losses push New Zealand Rugby to lay off half its staff
Having announced a $7.5 million loss for 2019 and forecast a $120 million decline in revenue for the current financial year at its AGM at the end of April, New Zealand Rugby has...
May 10, 2020
Sport /
Finance
Prime Minister Scott Morrison's authority was sought in tainted sports grants program
The office of the Australian Prime Minister asked former Federal Sports Minister Bridget McKenzie to seek Scott Morrison’s “authority” for intended recipients of $100 million of...
May 7, 2020
Sport /
Legal /
Finance /
Recreation /
Government
Mayfair 101 appoints new chief executive for under scrutiny Dunk Island rejuvenation project
The Mayfair 101 Group has appointed former Hamilton Island General Manager Ciaran Handy as Chief Executive of Mayfair Tourism, a role where he will be responsible for the...
May 7, 2020
Tourism /
Legal /
Finance /
Attractions
Gold's Gym files for bankruptcy protection in the USA
US-based fitness group Gold’s Gym, made famous by Arnold Schwarzenegger's 1977 bodybuilding documentary Pumping Iron, has declared bankruptcy, impacted by the economic toll of...
May 7, 2020
Finance /
Retail /
Fitness
Tasmanian Government announces sport and recreation organisations benefiting from support package
As part of its ongoing efforts to address the challenges resulting from the Coronavirus pandemic, the Tasmania Government has announced the sport and recreation organisations...
May 6, 2020
Sport /
Finance /
Recreation /
Government
Sport NZ announces $25 million short-term relief package for clubs and regional organisations
Sport NZ has created a $25 million package to provide short-term relief for sport and active recreation organisations at all levels. Made available through savings achieved from...
May 6, 2020
Sport /
Finance /
Recreation
Rugby Australia appoints interim Chief Executive after director resigns
A day of turmoil at Rugby Australia, that saw recently appointed Director Peter Wiggs resign after just four weeks, has ended with Rob Clarke, the code’s former Chief Operating...
May 6, 2020
Sport /
Finance
Coronavirus downturn sees sports in country towns struggle
Community sporting clubs, particularly in country towns, are facing "catastrophic" consequences because of Coronavirus, according to the Australian Sports Foundation (ASF). As...
May 6, 2020
Sport /
Finance /
Recreation /
Wellness
NRL agrees new pay deal with players to enable 28th May competition restart
Speculation that players might derail the NRL's plans to restart its season on 28th May, has ended players to resume training tomorrow after agreeing to a new pay deal. The NRL...
May 5, 2020
Sport /
Finance