News: Finance
Google acquires Fitbit in US$2.1 billion deal
Global technology giant Google has announced that it is to acquire wearable company Fitbit in a US$2.1 billion deal. In a blog announcing the news, Google Senior Vice President...
Nov 2, 2019
Finance /
Wellness /
Technology /
Retail /
Fitness
Cricket Australia records $18 million operating surplus through a year of ‘healing’
Strong on-field performances by the Australian men's team along with a recovery from prior reputational damage has seen Cricket Australia increase its profit in 2018/19. The...
Oct 31, 2019
Sport /
Marketing /
Finance
AFL reaches agreement with AFLW players for 2020 season
After a period of uncertainty relating to player contracts for the expanded AFL Womens competition, AFLW players have voted to accept a new collective bargaining agreement that...
Oct 28, 2019
Sport /
Finance
Victorian Country Football and Netball Program delivers new funding and celebrates 500th project
17 new projects are set to share in more than $1.6 million in funding from the latest round of the Country Football and Netball Program (CFNP). The joint program,funded through...
Oct 28, 2019
Sport /
Finance /
Attractions /
Venues
ASM Global unveils international leadership team
Bob Newman, President and Chief Executive of ASM Global, has unveiled the executive leadership team tasked with steering the world’s largest venue management company. ASM -...
Oct 25, 2019
Events /
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Finance /
Venues /
Entertainment
Western Australian arts organisations secure significant funding
37 Western Australian arts, cultural and creative sector organisations will share in more than $31 million in funding over three years as part of the Arts Organisations...
Oct 24, 2019
Culture /
Finance /
Arts
Dreamworld announces retirement of adrenalin favourite
Dreamworld has today announced the retirement of its Tower of Terror thrill ride after 23 years of operation. One of the Gold Coast theme park's adrenalin favourites, the Tower...
Oct 23, 2019
Tourism /
Finance /
Attractions
Uncertainty surrounds plans for governance unification in Australian cycling
Cycling in Australia is facing unprecedented upheaval, with voting underway to unify the 19 separate entities responsible for the sport across the country. While the proposed...
Oct 22, 2019
Sport /
Finance
Genting Malaysia announces opening of Highlands theme park in second half of 2020
Genting Malaysia is planning a soft opening of its theme park at Resorts World Genting in the third quarter of 2020. However, an according to a note from Maybank, Malaysia's...
Oct 22, 2019
Tourism /
Hospitality /
Finance /
Attractions /
Ticketing
Dubai Parks and Resorts report decline in resident visitor numbers
Attractions and entertainment complex, Dubai Parks and Resorts which comprises Bollywood, Hollywood and Legoland theme parks, has posted a decline of almost 20% in visits in the...
Oct 21, 2019
Tourism /
Finance /
Attractions
Northland Regional Council backs Mangawhai sports facilities
Skateboarders using the Mangawhai Activity Zone (MAZ) will benefit from a $500,000 installment in a series of regional sporting initiative grants from the Northland Regional...
Oct 18, 2019
Sport /
Finance /
Recreation /
Government
Ardent Leisure raises Dreamworld ticket costs
Following Village Roadshow's decision to move away from ticket discounting for its Gold Coast theme parks, Ardent Leisure is to raise the cost of entry at its Dreamworld and...
Oct 16, 2019
Tourism /
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Attractions /
Entertainment /
Ticketing
Low visitation levels see closure of Malaysia's Hello Kitty theme park
The Government of the Malaysian state of Johor has advised that the Hello Kitty theme park - based on a fictional Japanese character - is to close as a result of lower than...
Oct 15, 2019
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Attractions /
Entertainment
Viva Leisure enters Queensland market with acquisition of eight Healthworks Fitness Centres
Leading Australian health club owner Viva Leisure Limited has announced that it has today signed a binding sale and purchase agreement for eight Healthworks Fitness Centres in...
Oct 15, 2019
Finance /
Fitness
Federal Government questioned over drought funds being used to back music festivals
The Federal Government’s $100 million funding package for regions suffering from the effects of an ongoing drought has come under scrutiny following an audit shows that some of...
Oct 15, 2019
Events /
Finance /
Government /
Environment
Ngai Tahu Tourism looks to launch electric jet boat
One of New Zealand’s leading tourism operators, Ngai Tahu Tourism, is set to convert one of its petrol-powered jet boats to 100% electric. New Zealand’s Energy Efficiency and...
Oct 15, 2019
Tourism /
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Attractions /
Government /
Technology /
Environment
NZ Rugby secures stake in Sky TV as part of new broadcast deal
Sky New Zealand has extended its broadcasting rights deal with New Zealand Rugby, with the “revolutionary” new contract involving the national governing body taking a 5% stake...
Oct 14, 2019
Sport /
Finance /
Technology
Village Roadshow reveals profit turnaround in last financial year
Entertainment conglomerate Village Roadshow has reported an underlying profit of $20.6 million for the 12 months to 30th June, compared with a $7.3 million loss a year ago, with...
Oct 14, 2019
Tourism /
Finance /
Attractions /
Entertainment /
Waterparks
International physical activity market to be worth more than US$1.1 trillion by 2023
The global physical activity market, identified by the Global Wellness Institute as consisting of six-sectors - fitness, sport and active recreation, mindful movement,...
Oct 14, 2019
Sport /
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Wellness /
Retail /
Fitness
Cricket Australia makes commitment to Women's T20 World Cup pay parity
With the International Cricket Council (ICC) having agreed to significantly increase the T20 World Cup prize pool for the 2020 women’s tournament, Cricket Australia has...
Oct 14, 2019
Events /
Sport /
Finance
Cricket Australia reveals 'game changing' maternity leave policy for players
On the eve of the domestic summer of cricket, Cricket Australia has announced a “game-changing” parental leave policy that aims to support pregnant players and their families....
Oct 10, 2019
Sport /
Finance
Australia’s Cultural Ministers agree to new framework for the performing arts
A new National Performing Arts Partnership (NPAP) Framework to support the performing arts sector has been agreed by the Australian Government along with states and territories...
Oct 10, 2019
Finance /
Government /
Entertainment /
Arts
Council considers new sports fields options for Kerikeri
Far North District Council is considering a range of options for the future provision of sports fields in Kerikeri following release of an assessment of sporting needs by...
Oct 10, 2019
Sport /
Finance /
Recreation /
Aquatics /
Consultants
World Surf League agrees 10-year partnership with surfers’ representative body
A historic 10-year agreement has been reached between the World Surf League (WSL) and the global professional surfers’ representative body, World Professional Surfers (WPS),...
Oct 10, 2019
Events /
Sport /
Finance