News: Finance
Dubai Parks and Resorts reporting soaring visitor numbers in first half of 2018
Dubai Parks and Resorts (DXB), the Middle East’s largest integrated entertainment and theme park destination, has reported more than 1.4 million visitors in the first half 2018...
Aug 25, 2018
Tourism /
Finance /
Attractions /
Entertainment /
Waterparks
NSW sets ambitious regional tourism target
The NSW Government’s focus of growing tourism in rural and regional tourism has seen it announce it’s first regional tourism target – which aims to see a doubling of current...
Aug 23, 2018
Marketing /
Tourism /
Finance /
Government
Tasmanian NBL consortium unhappy with $18 million Derwent Entertainment Centre valuation
Looking to purchase the Derwent Entertainment Centre (DEC) as part of their bid to join the National Basketball League, proponents of the Southern Huskies NBL consortium are...
Aug 23, 2018
Sport /
Finance /
Venues
Village Roadshow blames Commonwealth Games and Dreamworld deaths for disappointing results
Indicative of the ongoing challenges facing the Australian theme parks and entertainment sectors, Village Roadshow has blamed the ongoing impact of the October 2016 Dreamworld...
Aug 23, 2018
Tourism /
Finance /
Attractions /
Entertainment /
Waterparks
Total Sport & Entertainment takes ownership position in Sydney Kings
The Sydney Kings has today announced a new ownership structure that sets up the club for a new era within the ongoing growth in Australian basketball. The new structure will see...
Aug 22, 2018
Sport /
Marketing /
Finance /
Venues
Ardent Leisure losses grow as Dreamworld’s value declines by $75 million
Ardent Leisure has announced growing losses in its full year operations, reporting a net loss of $90.7 million for the year to 26th June, compared to a $63 million loss a year...
Aug 22, 2018
Tourism /
Safety /
Finance /
Attractions
Business of Sport Summit to return in 2019
The organisers of the Business of Sport Summit have announced that the event will return in 2019, being held in Sydney on 2nd and 3rd April 2019. Announcing the 8th edition of...
Aug 21, 2018
Events /
Sport /
Marketing /
Finance /
Technology
Melbourne Fitness Show looks to share fitness inspiration and education
Set to be held at the Melbourne Convention & Exhibition Centre on 13th and 14th October, the Fitness Show, Melbourne will be event organiser Reed Exhibitions final Fitness Show...
Aug 20, 2018
Events /
Education /
Finance
AMI ends Christchurch stadium sponsorship
Christchurch’s temporary sports stadium will be known simply as the Christchurch Stadium for first Mitre 10 Cup game this week, after losing its longstanding naming rights...
Aug 20, 2018
Sport /
Marketing /
Finance /
Venues
Steven Lowy set to quit FFA Chairman's role
Embattled Football Federation Australia (FFA) Chairman Steven Lowy has announced that he does not intend to seek reelection when his term expires in November this year. Lowy’s...
Aug 16, 2018
Events /
Sport /
Finance
Majority of nations vote for new season-ending Davis Cup tournament
Controversial proposals to revamp tennis’ Davis Cup and turn it into a season-ending 18-team event have been backed by national tennis federations. While a majority among the...
Aug 16, 2018
Events /
Sport /
Finance
Hostplus Chief Executive defends $300,000 annual hospitality spending
David Elia, Chief Executive of the Hostplus superannuation fund, has defended spending $300,000 on tickets to sporting events for clients and staff, saying it was the price of...
Aug 15, 2018
Events /
Sport /
Legal /
Finance
Auckland Council commits to providing more parks and open space
A report presented to Auckland Council’s Environment and Community Committee this week has outlined that the Council spent $43.7 million purchasing new parks and open space for...
Aug 14, 2018
Finance /
Recreation /
Entertainment /
Parks
Government calls for audit of Malayia’s ‘white elephant’ Movie Animation Park Studios
Government calls for audit of Malayia’s ‘white elephant’ Movie Animation Park Studios The state government of Perak, Malaysia, has called for a forensic audit of the loss-making...
Aug 14, 2018
Tourism /
Finance /
Attractions /
Government /
Entertainment
$100 million boost for tourism in regional NSW
The NSW Government is to make a further $100 million available for new tourism projects across regional NSW with round two of the $300 million Regional Growth – Environment and...
Aug 14, 2018
Events /
Tourism /
Finance /
Government
WTTC research shows tourism generated 18% of New Zealand’s GDP in 2017
Newly released research published by the World Travel and Tourism Council (WTTC) has shown that in 2017, the total contribution of tourism accounted for 17.9% ($47.5 billion) of...
Aug 14, 2018
Tourism /
Finance /
Environment
New operator announces acquisition of BridgeClimb Sydney assets
The NSW Government's newly-appointed manager of Sydney's BridgeClimb, Hammons Holdings, has today announced it has successfully agreed to the acquisition of existing BridgeClimb...
Aug 10, 2018
Tourism /
Finance /
Attractions
AFL Victoria to benefit from funding for grassroots facilities
AFL Victoria has announced that it has recently pledged $2.76 million in AFL funding to dozens of local facility projects across Victoria. 62 projects will receive funding which...
Aug 10, 2018
Sport /
Finance /
Recreation /
Venues
Perth Fringe Festival artists among creditors owed over $650,000 after promoter collapse
Artists and performers owed thousands of dollars after the collapse of Western Australian event promoter JumpClimb and the Noodle Palace venue at Perth’s Elizabeth Quayhave been...
Aug 10, 2018
Events /
Finance /
Environment /
Ticketing
Forsyth Barr Stadium events contribute $55 million into the Dunedin economy
An estimated $55 million has been pumped into the Dunedin economy on the back of five events under the roof at Forsyth Barr Stadium this year. The latest Economic Impact Study...
Aug 9, 2018
Sport /
Finance /
Venues /
Entertainment /
Ticketing
Conference to explore tourism business and investment
A new one-day conference exploring the business of tourism has released its program and speaker details. Being held at The Langham, Sydney on Wednesday 24th October, Travel IQ...
Aug 8, 2018
Marketing /
Tourism /
Finance /
Attractions
New Zealand Golf responds to potential Auckland Council course sales
New Zealand Golf has expressed concern over the perceived poor use of Auckland Council-managed green space occupied by golf facilities within Auckland and North Harbour, and has...
Aug 8, 2018
Finance /
Recreation /
Parks /
Golf
FFA looks to block Working Group’s governance proposals
Football Federation Australia (FFA) is looking to block plans for an expanded Congress and for the separation of the management of the A-League - key proposals from a report...
Aug 7, 2018
Sport /
Finance
Philanthropic, business and cultural leaders honoured at Creative Partnership Awards
Six exemplary individuals from Australia’s philanthropic, business and arts sectors have been celebrated at the 2018 Creative Partnerships Awards in Sydney. The awards are a...
Aug 7, 2018
Culture /
Finance /
Arts