News: Finance
Australian Competition and Consumer Commission to scrutinise Quadrant’s Fitness First acquisition
The Australian Competition and Consumer Commission (ACCC) has intervened in private equity firm Quadrant’s potential plans to build a public floatation for its expanding...
Oct 20, 2016
Finance /
Fitness
Uncertain future for Adelaide Ice Arena
Claiming that the venue is “dirty and unhygienic” and citing a lack of co-operation from tenant the SA Ice Sports Federation Inc (SAISF), the owner of the Adelaide Ice Arena has...
Oct 20, 2016
Sport /
Finance /
Venues
Benefactors threaten to end financial support after Townsville City Council sacks gallery manager
Townsville City Council’s decision to sack the Curator and Manager of the city’s Perc Tucker Regional Gallery has led to benefactors of city’s art galleries threatening to end...
Oct 19, 2016
Tourism /
Culture /
Finance /
Attractions
Suncorp take on naming rights for Australia's new national netball league
Netball Australia has announced Suncorp as its new principal partner for the next five years, with the banking and insurance group taking on the naming rights for the sport’s...
Oct 18, 2016
Events /
Sport /
Finance
Work underway on upgrade to Broome Recreation and Aquatic Centre
A $3.3 million upgrade to the 22-year-old Broome Recreation and Aquatic Centre has begun. With the facility having closed on the 15th August, local building company CWD is...
Oct 16, 2016
Finance /
Recreation /
Government /
Aquatics
Regional visitor centres in Western Australia get funding boost
Innovative projects at 36 visitor information centres across regional Western Australia have received a funding boost through the latest round of the Regional Visitor Centre...
Oct 16, 2016
Marketing /
Tourism /
Finance /
Government /
Technology
Mark Arbib elected to the AOC Executive
Former Federal Sports Minister Mark Arbib has been elected to the Australian Olympic Committee executive. The former Federal Senator’s election follows the retirement of Vice...
Oct 14, 2016
Sport /
Finance
Sage Institute of Fitness loses battle to silence Government department
The Sage Institute of Fitness has lost an attempt to stop its legal fight against a regulator's decision to cancel the accreditation of its fitness coaching course from being...
Oct 9, 2016
Legal /
Education /
Finance /
Government /
Fitness
New Australian visa charges to impact international performers
Huge increases in visa processing fees for international touring groups are set to hit Australian fans of live performance events. Live Performance Australia (LPA) has called on...
Oct 7, 2016
Tourism /
Finance /
Government /
Entertainment
Federal Government to restore Australia Council funding?
Federal Minister for the Arts Mitch Fifield is reportedely ready to restore most, if not all, the funding to the Australia Council for the Arts plundered by the previous Arts...
Oct 6, 2016
Culture /
Finance /
Government /
Arts
Gambling revenue dips at Crown Perth as visitor numbers fall
Gambling revenue at Perth's only casino has fallen more than 10%, while visitor numbers have continued to decline, according to statistics provided by the West Australian...
Oct 3, 2016
Tourism /
Hospitality /
Finance /
Venues
Darwin's Fitness Works expands with Time Out acquisitions
Darwin-based gym group Fitness Works is to double its number of sites with the acquisition of the Time Out City and Cullen Bay clubs. Fitness Works owner Churyl Scheppard, a...
Oct 3, 2016
Finance /
Wellness /
Fitness
Former Sports Minister calls for investigation of New Zealand sport structures and spending
Labour MP and former New Zealand Sport Minister Trevor Mallard is calling for an independent review of New Zealand sport. The New Zealand Herald has reported that Labour's sport...
Oct 2, 2016
Sport /
Finance /
Recreation
Tokyo Olympic stadium building contract finally approved
With the International Olympic Committee concerned that it may not be completed on time, the Japanese Government has approved plans for the building of the main stadium for the...
Oct 2, 2016
Events /
Sport /
Finance /
Venues
China targets hosting of 2030 FIFA World Cup
A top Chinese football official has urged world football governing body FIFA to realise the 'dream' of China’s football fans by bringing the World Cup to the nation in 2030 - or...
Sep 29, 2016
Events /
Sport /
Finance
Quadrant expands wellness empire with acquisition of Fitness First Australia
Quadrant Private Equity has agreed to acquire Fitness First Australia from US-based hedge fund Oaktree Capital Management, creating the largest fitness group in Australia,...
Sep 29, 2016
Finance /
Recreation /
Wellness /
Fitness
New Cumberland Council looks to reduce subsidies at redeveloped Ruth Everuss Aquatic Centre
Sydney's new Cumberland Council is looking to reduce its subsidies for the management of its Ruth Everuss Aquatic Centre in Lidcombe over the next three years. Awarding the...
Sep 28, 2016
Finance /
Recreation /
Aquatics /
Fitness
Eromanga Natural History Museum looks to crowd funding for new displays
Operators of Australia's newest dinosaur museum are hoping that crowd-funding will help them develop their next attraction. The Eromanga Natural History Museum - which is home...
Sep 28, 2016
Tourism /
Finance /
Attractions /
Technology
Backpacker tax change treats tourism as a ‘cash cow’
While tourism groups have given a cautious welcome to the Federal Government’s decision to amend its plans to impose a 32.5% tax on backpacker workers, industry bodies say the...
Sep 28, 2016
Tourism /
Finance /
Government
Federal Government figures confirm working tourists' exodus ahead of backpacker tax
In spite of revisions announced yesterday, the Tourism & Transport Forum Australia (TTF) is calling on the Federal Government to scrap its backpacker tax on working holiday...
Sep 27, 2016
Tourism /
Finance /
Government
Tokyo 2020 Olympics to stage some sports 400 kilometres miles from city
Tokyo’s plans to stage a compact Olympics in 2020 continue to fall by the wayside with a Japanese Government panel set to propose moving more events to venues outside of the...
Sep 27, 2016
Sport /
Finance /
Venues
Federal Government announces partial backpacker tax reversal
The Federal Government has responded to industry pressure and amended its plans to impose a 32.5% tax on backpacker workers, reducing the amount to a 19% tax. First proposed in...
Sep 27, 2016
Marketing /
Tourism /
Finance /
Government
Tasmanian council to reduce seasonal pool operating hours through summer
Facing reduced usage and a 50% reduction in its swimming pool budget, a Tasmanian council is to reduce the opening hours of its swimming pools through the summer months. Citing...
Sep 26, 2016
Education /
Finance /
Aquatics
Tourism industry calls for debate on user charges to fund DOC
Tourism Industry Aotearoa (TIA) is calling for a national debate on charging for access to attractions on New Zealand’s conservation estate. TIA feels that the Tai Poutini West...
Sep 26, 2016
Tourism /
Finance /
Recreation /
Attractions /
Environment