Australasian Leisure Management

News: Finance

Club Lime further expands ACT presence with Conder club opening
Fast growing fitness club owner Viva Leisure is continuing with its ambitious expansion plans, opening the doors to its fourth new facility this month, in the ACT’s southern...
May 15, 2019
Finance /
Recreation /
Wellness /
Fitness
Major parties make sport funding pledges a cornerstone of Federal election campaign
Australia’s major political parties have once again made funding pledges, particularly to sport, one of the key areas of the current Australian Federal election. Presuming that...
May 15, 2019
Sport /
Tourism /
Finance /
Government /
Venues /
Environment /
Arts
City of Melbourne to invest more than $19.1 million in parks, waste and water
The City of Melbourne will invest more than $19.1 million in capital works projects over the coming year to respond to the impacts of climate change, manage parklands and urban...
May 14, 2019
Finance /
Environment /
Parks
City of Melbourne recreation and community facilities get funding boost
The City of Melbourne will invest $19 million in capital works projects to improve community facilities over the coming year, including plans to revitalise sporting and...
May 9, 2019
Sport /
Finance /
Recreation
The National Association for the Visual Arts releases Federal election report card
The National Association for the Visual Arts (NAVA) has released its Federal election report card calling on all of Australia's political parties to commit to investing in the...
May 9, 2019
Events /
Culture /
Finance /
Government /
Entertainment /
Arts
Viva Leisure lodges prospectus and application for ASX listing
Leading fitness club and aquatic centre operator Viva Leisure Limited is moving forward with plans to become the only facility group currently listed on the Australian...
May 9, 2019
Finance /
Recreation /
Fitness
Australians spend up to $250 per month on exercise and wellness
New research from St.George Bank has found that Australians are spending up to $250 per month on being healthy and getting fit, with 100% of those surveyed buying health...
May 8, 2019
Finance /
Wellness /
Retail /
Fitness
Orange City Council abandons plans to lease Ex-Services' Club pool
Uncertainty surrounding the cost of upgrades to Orange Ex-Services' Club's indoor pool has driven Orange City Council to concentrate on its own facility. Councillors decided on...
May 7, 2019
Finance /
Recreation /
Aquatics
Sydney Irish Festival drags Paul Sergeant Events into administration
Paul Sergeant, former Chief Executive of the Etihad (now Marvel) Stadium in Melbourne, has been forced to take his Paul Sergeant Events and Wild Geese Hurling Pty Ltd businesses...
May 7, 2019
Events /
Sport /
Finance /
Venues
Olympic sport federations call for clarity on management of Tokyo Games
With test events for the 2020 Olympics due to start next month, representatives of the Tokyo Games Local Organising Committee were urged yesterday by Members of the Association...
May 7, 2019
Sport /
Marketing /
Finance /
Venues
Life Fitness to be acquired by major private equity firm
Leading global fitness equipment supplier Life Fitness USA has announced today that its parent company, Brunswick Corporation, has entered into a definitive agreement with...
May 6, 2019
Finance /
Fitness
Theatre Network NSW considers options for its survival
Theatre Network NSW (TNN), the state’s peak body for providing back end support and advocacy for small to medium-sized theatre companies and professionals received only 60% of...
May 5, 2019
Culture /
Finance /
Entertainment /
Arts
Canterbury Bankstown Council calls for NSW Government to take over former Olympic velodrome
Set to assume ownership of Olympic cycling venue the Dunc Gray Velodrome this month, the Canterbury Bankstown Council is calling on the NSW Government to take over the running...
May 2, 2019
Sport /
Finance /
Government /
Venues
Global sports sponsorship spending set to reach US$65 billion this year
A report from sports data agency, Two Circles, claims global brand spend on sports sponsorships will grow to US$65 billion in 2019. Despite this, the report also claims sports...
May 2, 2019
Sport /
Marketing /
Finance /
Retail
Another trampoline centre closure with demise of Townsville’s Launch Zone
The Launch Zone trampoline centre in Townsville, once described as Australia’s largest indoor trampolining arena, has closed its doors, with the space now available for rent....
May 2, 2019
Safety /
Finance /
Attractions /
Insurance
Extra investment secures future of Christchurch Adventure Park
Development Christchurch Limited (DCL), on behalf of Christchurch City Council, has agreed to invest further in the Christchurch Adventure Park so locals and visitors can...
May 2, 2019
Tourism /
Finance /
Recreation /
Attractions /
Parks
Australian Government supports scoping work ahead of potential 2027 Rugby World Cup bid
Rugby Australia has today welcomed funding from the Australian Government to support scoping work ahead of the bid process for the 2027 Rugby World Cup. With Rugby Australia...
May 1, 2019
Events /
Finance /
Government /
Venues
Wanaka Recreation Centre increases swim prices in line with Queenstown's Alpine Aqualand
Prices for swimming at the Wanaka Recreation Centre are increasing from 1st July 2019 bringing them in line with current prices at Alpine Aqualand, Queenstown Lakes District...
May 1, 2019
Finance /
Aquatics
Fitness Finance Australia partners with Ignite Fitness Sydney to promote business funding options
Fitness Finance Australia has just been announced as a gold sponsor for the upcoming Ignite Fitness event in Sydney. After the success of the first event earlier this year in...
May 1, 2019
Events /
Finance /
Fitness
Tweed Regional Aquatic Centre solar energy installation part of Council Energy Action Plan
Tweed Shire Council has switched on its new 165kW solar panel installation at the Tweed Regional Aquatic Centre (TRAC) in Murwillumbah. Activated as of the middle of April, the...
Apr 30, 2019
Finance /
Recreation /
Aquatics /
Environment
Auckland Council approves $1.5 million to upgrade sports facility
The Ngāti Ōtara Multi-Sports and Cultural Centre is set to receive a major upgrade after Auckland Council approved $1.5 million in extra funding. The decision was welcomed by...
Apr 28, 2019
Sport /
Finance /
Recreation /
Venues
California Fitness liquidators' report shows chain operated at a loss for more than three years
Nearly three years after the abrupt closure of the California Fitness gym group in Hong Kong and Singapore, liquidators for its parent company JV Fitness have ended creditor and...
Apr 26, 2019
Legal /
Finance /
Fitness
Swimming pool to close at Orange Ex-Services Club
Facing a substantial bill to refurbish its ageing 25 metre swimming pool, as well as ongoing operational losses, the Orange Ex-Services Club is to close the facility as of this...
Apr 26, 2019
Finance /
Aquatics
Election trail sees another announcement on funding for Monash University sport and medical research hub
In the latest example of a Federal budget commitment being highlighted in the Australian election campaign, Federal Treasurer Josh Frydenberg has been promoting a $15 million...
Apr 26, 2019
Sport /
Education /
Finance /
Government