News: Finance
Australian Olympic Committee backs South East Queensland’s 2028 Olympics bid
A potential bid to host the 2028 Olympics from Brisbane and South East Queensland is set to move forward with mayors from across south east Queensland agreeing to fund a $2.5...
Sep 23, 2016
Sport /
Finance /
Venues
Ready to host its first AFL Final, Spotless Stadium aims for increased capacity
Ahead of Saturday’s expected sell-out AFL Preliminary Final between the GWS Giants and Western Bulldogs, the operators of Spotless Stadium have reinforced their intention to...
Sep 21, 2016
Events /
Sport /
Finance /
Venues
Funding backs Adelaide’s Northern Sound System musicians
Live music in northern Adelaide is being backed by $100,000 from the South Australian Government for the City of Playford’s successful Northern Sound System. As part of the...
Sep 19, 2016
Finance /
Government /
Entertainment /
Arts
Quadrant Private Equity adds Jetts to fitness sector acquisitions in $100 million deal
Following on from its acquisition of Goodlife Health Clubs last month, private equity firm Quadrant has reportedly acquired 24/7 gym franchisor Jetts in a deal worth $100...
Sep 18, 2016
Finance /
Retail /
Fitness
AFL looking to take over Etihad Stadium by year's end
AFL Chief Executive Gillon McLachlan has told Melbourne radio station 3AW that the league is closing in on a deal to purchase Etihad Stadium by the end of the year. Despite an...
Sep 17, 2016
Sport /
Finance /
Venues
National Gallery of Australia to shed 20 jobs
Up to 20 staff at the National Gallery of Australia (NGA) in Canberra have been told, as of Friday (16th September), that their jobs will no longer exist. The ABC has reported...
Sep 17, 2016
Tourism /
Culture /
Finance /
Attractions
New report shows ‘huge’ gender gap in sporting pay
A new report has found a “huge” gender wage gap exists within sport, despite a concerted push by many global sportswomen to be rewarded equally to their male counterparts. The...
Sep 15, 2016
Sport /
Culture /
Finance
Victorian Auditor-General’s report reveals key challenges for recreational facilities
A recently released report from the Victorian Auditor-General’s Office (VAGO) says that councils should improve aquatic recreation centre monitoring, reporting and evaluation...
Sep 15, 2016
Sport /
Design /
Finance /
Recreation /
Aquatics
Netball announces record pay deal for women's team sports in Australia
Australia’s top netballers are set to benefit from a landmark pay deal that will see the 80 athletes contracted players in next year’s inaugural all-Australian competition share...
Sep 14, 2016
Sport /
Finance /
Technology
Fitness Passport sold to private equity group The Growth Fund
The owners of the Fitness Passport workplace health and fitness are reported to have sold a majority stake in the company to private equity group The Growth Fund for $50...
Sep 11, 2016
Finance /
Technology /
Fitness
Sydney's In2ski closes its doors
In2ski, Sydney's only indoor snow sports centre, has ceased operations with its parent company reportedly in the process of being liquidated. Founded by Winter Olympian and...
Sep 11, 2016
Finance /
Recreation
West Coast Eagles threaten to stay at Subiaco Oval in dispute over new Perth Stadium costs
The Western Australian Government is reportedly trying to downplay a dispute with the West Coast Eagles after Eagles Chief Executive Trevor Nisbett suggested that the AFL club...
Sep 11, 2016
Sport /
Finance /
Venues /
Ticketing
South Australian Government could pay for Clipsal 500 grandstands twice
Grandstands used for Adelaide’s Clipsal 500 grandstands have been caught up in the financial collapse of Elite Systems Australia – the firm contracted to provide grandstand...
Sep 9, 2016
Events /
Sport /
Finance /
Government /
Venues
Federal Government announces three-year funding to expand Women Leaders in Sport Program
Federal Minister for Women, Michaelia Cash, and Minister for Sport, Sussan Ley, have announced funding of over $2 million over three years to expand the Women Leaders in Sport...
Sep 9, 2016
Sport /
Finance /
Government
US-based media interests confirm US$4.4 billion acquisition of Formula 1
Marking one of the biggest deals in sport history, US-based Liberty Media has confirmed it is buying the Formula 1 motor racing series for US$4.4 billion. Owned by the...
Sep 7, 2016
Events /
Sport /
Finance
New VicHealth funding to back fun and female activity
Social sports and programs for women and girls are set to benefit from the latest funding round of VicHealth’s Active Club Grants program. The Active Club Grants program has...
Sep 4, 2016
Finance /
Recreation /
Wellness /
Fitness
Japanese Olympic Committee clears itself of Tokyo Olympic bid bribery allegations
A panel set up to by the Japanese Olympic Committee to investigate a US$2 million payment made to a consultancy firm during Tokyo’s successful bid to host the 2020 Olympics has...
Sep 2, 2016
Sport /
Legal /
Finance
Australian Sports Commission commits to Winning Edge principles and further reforms
Australian Sports Commission (ASC) Chair John Wylie has explained that the sporting agency remains committed to the key principles of the Winning Edge strategy as it looks ahead...
Sep 1, 2016
Events /
Sport /
Finance
Tourism kicks goals for Australian economy, but backpackers dry up due to proposed tax
The latest International Visitor Survey (IVS) figures released highlight a continuing strong performance by the Australian tourism industry, with 10% growth in visitor arrivals...
Aug 31, 2016
Tourism /
Hospitality /
Finance
Transaction Services Group acquires Ausfit
Global payment solutions provider Transaction Services Group (TSG) has announced another addition in its line-up with the acquisition of Australian owned direct debit company...
Aug 29, 2016
Finance /
Recreation /
Billing /
Fitness
Australian Sports Foundation reaches $300 million target with record sport donations
Australians contributed a record $32 million in tax deductible donations to sport via the Australian Sports Foundation in the 2015/16 financial year - taking total funds raised...
Aug 29, 2016
Sport /
Finance /
Recreation /
Venues
Australian Regional Tourism Network calls for Government to ‘get serious’ about tourism
The Australian Regional Tourism Network (ARTN) is calling on the Federal Government to “get serious about tourism in regional Australia”, following the release of the latest...
Aug 28, 2016
Events /
Tourism /
Finance /
Government
Report suggests climate change will worsen disadvantage in rural and regional communities
A new report from the Climate Council reveals that climate change is likely to worsen the systemic disadvantages suffered by rural and regional communities, and further widen...
Aug 26, 2016
Finance /
Recreation /
Environment
Fund launched to protect New Zealand's earthquake threatened heritage buildings
The New Zealand Government has launched a new scheme to provide funds to strengthen a number of privately-owned heritage buildings over the course of the next four years....
Aug 25, 2016
Safety /
Culture /
Finance /
Government