News: Finance
Melbourne United reveals new ownership structure
Currently sitting second on the 2018/19 National Basketball League (NBL) ladder, Melbourne United have announced a new board of directors. Since rebranding in 2014, the club has...
Nov 23, 2018
Sport /
Finance
Ardent Leisure reveals theme park investment strategy
Two years after its disastrous annual general meeting in the wake of the Thunder River Rapids tragedy, Ardent Leisure has revealed a strategy for Dreamworld to “become the...
Nov 21, 2018
Tourism /
Finance /
Attractions /
Waterparks
ASIC launches action against two former Tennis Australia directors
The Australian Securities and Investments Commission (ASIC) has launched federal court action against the former directors of Tennis Australia, Harold Mitchell and Stephen...
Nov 19, 2018
Sport /
Legal /
Finance
Sydney FC Chief Executive stresses vital role of fans
Sydney FC Chief Executive Danny Townsend believes transparency and dialogue between A-League clubs and fans is key for the future of the game. Townsend joined Sydney FC last...
Nov 15, 2018
Sport /
Marketing /
Finance
HIIT Factory plans 15 new franchised studios
Melbourne-based exercise studio HIIT Factory has revealed plans to franchise its business model, offering a low cost fitness option. Operating since 2013, the HIIT Factory has...
Nov 12, 2018
Finance /
Fitness
Confusion over Victorian Government’s refusal of funding for redevelopment of the St Albans Leisure Centre
In a pre-election environment when spending pledges are being announced across Victoria, backers of the planned redevelopment of the St Albans Leisure Centre have been left...
Nov 11, 2018
Finance /
Recreation /
Aquatics /
Consultants
Trio of Olympians join Australian Sports Foundation board
Australian Sports Foundation Chairman, Mark Stockwell has announced that three Olympians have been appointed to the Board of the Australian Sports Foundation for a three-year...
Nov 9, 2018
Sport /
Finance /
Recreation
Artists and entertainers rally to save Sydney’s historic Theatre Royal
A campaign featuring some of Sydney’s best-known actors and leading theatre producers has been launched to save Sydney’s historic Theatre Royal. A deal done nearly 40 years ago...
Nov 8, 2018
Finance /
Venues /
Entertainment
Bank takes control of Indian cricket stadium
Following financial difficulties, the Maharashtra Cricket Association Stadium in the Indian city of Pune has been taken over by the Bank of Maharashtra. The 37,000-seat stadium...
Nov 6, 2018
Sport /
Finance /
Venues
Corporate Australia supports ASF’s Sporting Oration
The success of the inaugural Prime Ministers’ Sporting Oration has been assured with nine foundation partners agreeing to support the dinner to be held at the Melbourne...
Nov 4, 2018
Events /
Sport /
Marketing /
Finance
$1 million grant to help rebuild Melbourne’s La Mama Theatre
Having been devastated by fire earlier this year, Melbourne’s La Mama Theatre is set to be rebuilt following a one-off, $1 million grant from the Victorian Government. The...
Nov 4, 2018
Finance /
Venues /
Entertainment /
Arts
ICC Sydney impresses on the global stage with seamless event execution
In an operational triumph, International Convention Centre Sydney (ICC Sydney) has staged Sibos, the world’s premier financial services event, welcoming more than 7,600 business...
Nov 1, 2018
Events /
Tourism /
Hospitality /
Finance /
Venues
Queensland Sport Minister forces Federal rethink on national voucher system
Queensland Minister for Sport Mick de Brenni has advised that he has “scored a win” in a bid to pressure the Federal Government to help Queensland children in low-income...
Oct 31, 2018
Sport /
Finance /
Recreation /
Government
$35 million development plans announced for Coronet Peak and The Remarkables ahead of 2019 season
NZSki has announced plans for a $35 million investment in new lifts at Queenstown ski fields Coronet Peak and The Remarkables as part of a wider vision that includes summer...
Oct 31, 2018
Tourism /
Finance /
Recreation /
Attractions
Hanoi to host F1 race in 2020
The Vietnamese capital of Hanoi is to host a Formula 1 Grand Prix for the first time in 2020. With the Malaysian Grand Prix last held in 2017, the Hanoi race will be the second...
Oct 31, 2018
Events /
Sport /
Finance /
Venues
Community impact of football in NSW to reach $1 billion by 2025
A newly released study shows that the total financial impact of football in NSW in 2018 has increased to $520 million with the potential for the community impact of the game in...
Oct 31, 2018
Sport /
Marketing /
Finance /
Recreation
New Belgravia Kids venture gets Victorian Government backing to improve activity levels among children
The goal of Belgravia Group founder, Chief Executive and Chair Geoff Lord to positively impact the lives of Australian children through physical activity is to be backed by a...
Oct 30, 2018
Sport /
Finance /
Recreation /
Aquatics
Asian Football Confederation agrees 'historic' commercial partnership with DDMC Fortis
The Asian Football Confederation (AFC) has announced a new commercial rights agreement between with sports marketing agency DDMC Fortis that it describes as the “most...
Oct 29, 2018
Events /
Sport /
Marketing /
Finance
PyeongChang Winter Games claim US$55 million surplus
PyeongChang 2018 President Lee Hee-beom has claimed that this year's Winter Olympics achieved an operating surplus of US$55 million. The organising committee and the...
Oct 29, 2018
Events /
Sport /
Finance
Report slams Cricket Australia as 'arrogant' and partly to blame for ball-tampering
An independent report into Cricket Australia has branded the organisation as "arrogant" and "controlling” and partly responsible for the ball-tampering incident that led to bans...
Oct 28, 2018
Sport /
Safety /
Finance
Gurri Wanyarra Wellbeing Centre opening marks 100th facility landmark for consultant Michael King
The weekend opening of the City of Greater Bendigo’s new aquatic and recreation centre at Kangaroo Flat, the Gurri Wanyarra Wellbeing Centre, not only represents one of the...
Oct 28, 2018
Sport /
Finance /
Recreation /
Aquatics /
Consultants
Taranaki's Yarrow Stadium owner runs up $15 million loss in last financial year
The Taranaki Stadium Trust, owner of New Plymouth’s Yarrow Stadium, has reported a $15 million loss over the past 12 months. With the venue’s East and West Stands currently...
Oct 28, 2018
Sport /
Safety /
Finance /
Venues
VIVA Leisure delays IPO plans
Fitness and recreation facilities group VIVA Leisure has delayed its plans for an initial public offering (IPO), what would have been an industry-first in Australia, with modest...
Oct 28, 2018
Finance /
Recreation /
Wellness /
Fitness
Historic Balmain Tigers in danger of folding
With the Balmain Leagues Club (BLC) being officially placed into voluntary administration as of last Friday, there are fears that historic rugby league club Balmain Tigers may...
Oct 28, 2018
Sport /
Hospitality /
Finance /
Venues