Australasian Leisure Management

News: Finance

Larry Kestelman to head new NBL Tasmania Advisory Board
With the National Basketball League (NBL) continuing to assess the viability of a 10th NBL team based in Tasmania, the league’s owner and Executive Chairman, Larry Kestelman,...
Aug 15, 2019
Sport /
Finance /
Venues
Global Wellness Institute launches 'Understanding Wellness' white paper series
Designed to be primers for policymakers, business people and researchers to understand the major force that wellness has become around the world and how it will evolve in the...
Aug 15, 2019
Tourism /
Finance /
Wellness /
Fitness
Life Fitness announces ‘significant’ operational changes
Having been acquired by private equity firm KPS Capital Partners in May, leading global commercial strength and cardiovascular fitness brand Life Fitness has revealed changes in...
Aug 13, 2019
Finance /
Fitness
Former Embody wellness studio owner backing new Sydney gym
Scott Capelin, former owner of the Embody gym on Sydney's North Shore, is backing a new fitness studio in Sydney’s south. Having resolved legal issues relating to the closure of...
Aug 12, 2019
Legal /
Finance /
Fitness
AFLX to be ditched as game focuses on AFL Womens
Having been held over just two pre-seasons, the AFL has announced that it is to end the AFLX competition. AFL Football Operations Manager, Steve Hocking yesterday told a meeting...
Aug 6, 2019
Sport /
Finance
Attendances rise and water consumption falls at Western Australian aquatic centres
Aquatic centres in Western Australia reported a record-breaking year in 2017/18 with 11.4 million visits while, operationally, water usage at facilities fell. The Bigger,...
Aug 5, 2019
Safety /
Finance /
Aquatics /
Environment
Gym memberships account for half of Australian fitness industry revenues
Gym membership was the largest revenue generating stream for the Australia fitness industry in 2018, accounting for more than half of the overall revenue during the year, while...
Aug 3, 2019
Marketing /
Finance /
Billing /
Fitness
Sydney Modern art gallery extension in doubt as builders walk away from another NSW Government project
The NSW Government has been forced to reopen another major tender process to build the $344 million Art Gallery of NSW expansion after another dispute over costs with builder...
Aug 1, 2019
Finance /
Attractions /
Government /
Venues /
Arts
Western Australian Olympic and Paralympic athletes directly funded for the first time
The Western Australian Government will fund Western Australian Olympic and Paralympic athletes directly for the first time, with all selected athletes to receive a $4,000 State...
Aug 1, 2019
Sport /
Finance
Money In Esports Summit coming to Sydney
Money In Sport, Sports Geek and SG Esports have combined to present the Money In Esports Summit, being staged in Sydney next week. The half-day Summit, being held at the...
Aug 1, 2019
Sport /
Finance /
Technology /
Entertainment
Western Australia faces growing coastal erosion threats
Coastal communities and landmark beaches in Western Australia are facing unprecedented threats from storms and erosion with significant financial implications for communities,...
Jul 31, 2019
Tourism /
Finance /
Recreation /
Government /
Environment
NSW Government to provide $5 million to new National Snowsports Training Centre in Jindabyne
Ski and Snowboard Australia (SSA) has welcomed the NSW Government’s announcement of a grant of $5 million towards the establishment of a National Snowsports Training Centre...
Jul 31, 2019
Sport /
Finance /
Venues
Abu Dhabi announces massive funding for events and entertainment
Abu Dhabi has announced an AED 600 million (US$163 million) ‘megafund’ as part of an initiative to develop major entertainment and business activities and festivals. The...
Jul 30, 2019
Events /
Marketing /
Tourism /
Finance /
Entertainment
Education and payment partnership to benefit education industry and students
Australasia’s largest payments processor Debitsuccess and leading education management system Meshed Group have announced a partnership that delivers new levels of efficiency,...
Jul 29, 2019
Education /
Finance /
Billing
Canberra's Project Fitness Group to transition to HIIT Republic brand as it joins Viva Leisure stable
Viva Leisure Limited has today announced that it has entered into an agreement to acquire the business of the ACT-based Project Fitness Group. Viva Leisure’s acquisition of the...
Jul 25, 2019
Finance /
Wellness /
Fitness
George Calombaris dropped from Tourism WA marketing role
Embattled chef George Calombaris has been dumped from Tourism WA’s marketing campaign following the fallout of his company’s underpayment scandal. The MasterChef judge was last...
Jul 24, 2019
Marketing /
Tourism /
Legal /
Hospitality /
Finance
Leakage leads to closure of ageing Sydney swimming pool
The Kogarah War Memorial Pool in Sydney's south has been shut indefinitely by the Georges River Council as a result of water leaking and polluting a local river. Closed for...
Jul 24, 2019
Finance /
Recreation /
Aquatics /
Environment
Bendigo City Council defends anti-terrorism measures despite event cancellation
City of Bendigo staff have defended the new anti-terrorism measures for events despite the recent cancellation of the Bendigo Fun Run. Organisers of the annual Bendigo Bank Fun...
Jul 24, 2019
Events /
Tourism /
Safety /
Finance /
Security
Australia to send largest ever team to Tokyo 2020 Olympic Games
The Australian Olympic Committee (AOC) has today marked the one-year countdown to the 2020 Olympics, announcing that it will to send its largest ever team to the Tokyo Games....
Jul 24, 2019
Events /
Sport /
Finance /
Venues
Tennis Australia partners to encourage sports technology innovation
Looking to unite the worlds of startups, tennis and sport in Australia, Tennis Australia has announced an innovative new partnership between with US-based platform Techstars,...
Jul 23, 2019
Sport /
Finance /
Technology
Sydney day spa back-pays almost $66,000 to employees
The Fair Work Ombudsman has ordered the operator of a chain of day spas to pay almost $66,000 to 13 employees after admitting they were underpaid and that unlawful deductions...
Jul 23, 2019
Legal /
Finance /
Wellness
Queensland Government to create taskforce to determine cost of 2032 Olympics hosting
The Queensland Government has announced the creation of a taskforce that will assess the cost and logistics of a South East Queensland bid to host the 2032 Olympic and...
Jul 23, 2019
Sport /
Finance /
Government /
Venues
Cricket Australia exposed for exaggerating participation figures
Long suspected of exaggerating its participation figures, Cricket Australia has been exposed for claiming that 1.65 million Australians participate in the sport annually. An...
Jul 23, 2019
Sport /
Marketing /
Finance
FAN+ Australia marketplace to partner with Australian Sports Foundation
Supporter marketplace FAN+ Australia has announced a joint agreement with the Australian Sports Foundation (ASF), which will see a percentage of each sporting experience sold on...
Jul 23, 2019
Sport /
Marketing /
Finance