News: Finance
AEG Ogden Chairman Harvey Lister excited at being part of new ASM Global venues business
AEG Ogden Chairman and Chief Executive, Harvey Lister has expressed his excitement at the Australian venue managers becoming part of the new ASM Global international venue...
Feb 10, 2019
Events /
Finance /
Venues /
Entertainment /
Ticketing
Golf Management Australia partners with AEES Group to drive new energy options
Golf Management Australia (GMA) has announced a new national partnership with the AEES Group, one of Australia’s leading end-to-end energy management companies, providing...
Feb 10, 2019
Finance /
Environment /
Golf
NSW Premier accused of $25 million sport venue 'blackmail' in marginal electorate
The NSW Government is facing a backlash in a marginal country electorate after Premier Gladys Berejiklian made a conditional promise to build a $25 million stadium and sports...
Feb 7, 2019
Sport /
Finance /
Recreation /
Government
Ballarat Body and Soul to become part of Genesis Health and Fitness chain
Mel Tempest, owner of the Ballarat Body and Soul 24/7 Gym & Group Fitness Super Club, has announced that the facility is become part of the Genesis Health and Fitness Clubs...
Feb 6, 2019
Finance /
Wellness /
Fitness
Rugby Australia Chief Executive enthusiastic about World League plans
Rugby Australia Chief Executive Raelene Castle has expressed her support for the proposal for a World League, stating that the sport’s leading nations need to come together to...
Feb 4, 2019
Sport /
Finance
Lions AFLW team base to be backed by $15 million in Federal Government funding
The Lions AFLW team has received a $15 million commitment from the Federal Government, with Prime Minister Scott Morrison promising to help provide their team home. With just...
Jan 31, 2019
Sport /
Finance /
Government
Australian venues rank highly in growing 2018 international concert business earnings
The ongoing growth of the global live entertainment industry in 2018 saw gross revenue surpass US$2 billion from the Top 10 tours for the first time, with Ed Sheeran attaining...
Jan 30, 2019
Finance /
Venues /
Entertainment /
Ticketing
Report suggests Fitness and Lifestyle Group buys CMG Asia for $200 million
The Fitness and Lifestyle Group is reportedly to pay $200 million to acquire the Vietnam-based CMG Asia gym group. As reported today in the Australian Financial Review , the...
Jan 29, 2019
Finance /
Recreation /
Fitness
Eden Park annual report shows cost of resource consent applications
Eden Park's 2018 Annual Report shows that the Auckland venue is facing a series of ongoing challenges - incurring a net loss of $7.3 million in the last financial year, a...
Jan 28, 2019
Sport /
Finance /
Venues
$22.9 million investment to encourage activity among older Australians
27 organisations will share in an investment of almost $23 million by the Federal Government aimed at getting millions of older Australians moving more often. As part of its...
Jan 27, 2019
Sport /
Finance /
Wellness /
Government
ClassPass acquires rival Asian sharing platform GuavaPass
ClassPass has announced the acquisition of rival platform GuavaPass, with the takeover now seeing the US-based fitness aggregator having a presence in more than 80 markets...
Jan 26, 2019
Finance /
Technology /
Billing /
Fitness
Kaikoura’s Mayfair Theatre to benefit from Southern Trust funding
Kaikoura’s historic Mayfair Theatre is a step closer to its rebuild funding total thanks to a recent $300,000 grant from The Southern Trust. The Trust, which distributed...
Jan 25, 2019
Finance /
Venues /
Entertainment
Embody gym liquidation sees creditors lose $3.8 million
NSW Police are investigating allegations of fraud relating to Scott Capelin, the founder of the company behind the Embody holistic wellness studio in Sydney's Neutral Bay. 54...
Jan 23, 2019
Legal /
Finance /
Fitness
Frontier Touring ranked top Australian promoter in new Billboard global report
Frontier Touring has been ranked the world’s third biggest selling promoters - and Australia’s top one - in Billboard’s end of the year report. It grossed over US$245 million...
Jan 23, 2019
Events /
Finance /
Venues /
Entertainment
Tough Mudder looks to secure capital investment for linked fitness club brand
Will Dean, founder and Chief Executive of Tough Mudder obstacle and endurance races has announced that the company is in the process of securing capital investment, setting the...
Jan 22, 2019
Events /
Sport /
Finance /
Retail /
Fitness
Female tennis gains $12 million Federal Government investment
The Federal Government is to invest $12 million towards providing increased programs to disadvantaged and hard to reach communities throughout Australia in order to retain more...
Jan 21, 2019
Sport /
Finance /
Recreation /
Government
Successful A-League bid group unveils new plans for Western Melbourne Stadium
Having been successful in their bid to join football’s A-League, the Western Melbourne Group (WMG) have been unveiled concepts for the new $150 million stadium that they plan in...
Jan 18, 2019
Sport /
Design /
Finance /
Venues
Sports compression brand SKINS files for bankruptcy
Australia’s first sports compression manufacturer, SKINS, has reportedly filed for bankruptcy in Switzerland where the company is now based. A Trustee will be appointed to...
Jan 17, 2019
Sport /
Legal /
Finance /
Retail
Topgolf development plans halted following indifferent performance of first Australian venue
The Village Roadshow board has reportedly halted plans to develop up to eight Topgolf venues in Australia and the Asia Pacific as a result of uncertainty over the financial...
Jan 17, 2019
Finance /
Attractions /
Entertainment /
Golf
NSWRL steps in following collapse of Western Suburbs junior district
The NSW Rugby League has stepped in to ensure that all junior competitions will be held in the coming 2019 winter season following the Western Suburbs District Junior Rugby...
Jan 16, 2019
Sport /
Finance
Tamworth Regional Council to develop $60 million aquatic centre
Tamworth Regional Councillors have backed a business case for a new aquatic centre, which could cost upwards of $60 million. Agreed at the Council’s final meeting of 2018, the...
Jan 16, 2019
Finance /
Recreation /
Aquatics
Aligned Leisure offers new approach to asset management
Enjoying a successful relationship since 2013, the Richmond Football Club and building services company A.G. Coombs are breaking new ground in the facility management of...
Jan 14, 2019
Sport /
Finance /
Recreation /
Aquatics /
Fitness
Major parties make funding commitments to revive Kakadu’s tourism industry
Pledges of up to $220 million by the Federal Liberal National Party and Labor Party to rejuvenate Kakadu National Park’s ageing tourism infrastructure has been welcomed by the...
Jan 13, 2019
Tourism /
Finance /
Attractions /
Environment
Report suggests grim financial future for Auckland’s Eden Park
New Zealand's largest stadium, Eden Park, could run up losses of nearly $80 million and be unable to afford an estimated $62 million of maintenance and upgrades in the next...
Jan 10, 2019
Sport /
Finance /
Venues /
Surfaces