Australasian Leisure Management

News: Finance

Australian Sailing completes major governance changes
Australian Sailing, formerly Yachting Australia, has announced the completion of the most important governance and management reforms in the sports’ history. Designed to put...
Jul 12, 2016
Sport /
Safety /
Finance
Screen Australia to allocate record-breaking funding to female-focused screen projects
The Australian Government has today revealed the 58 recipients of Screen Australia’s Gender Matters: Brilliant Stories and Brilliant Careers, marking the largest cohort of...
Jul 12, 2016
Culture /
Finance /
Government /
Entertainment
Downsized plans submitted for controversial Chinese cultural park on NSW Central Coast
Massively scaled-down plans for the first stage of a controversial Chinese-themed cultural park at Warnervale on the NSW Central Coast have been submitted to the Central Coast...
Jul 11, 2016
Tourism /
Culture /
Finance /
Attractions
Consortium buys UFC for US$4 billion
After months of speculation over its ownership, sports entertainment property UFC, which recently completed its 200th event, has been sold for an undisclosed amount, believed to...
Jul 11, 2016
Events /
Sport /
Finance /
Entertainment
NRL ratifies Parramatta Eels salary cap sanctions
The NRL has confirmed that it will impose a 12-point competition penalty for the Parramatta Eels, as well as imposing a $1 million fine and the deregistration of five board...
Jul 8, 2016
Sport /
Legal /
Finance
Invercargill City Council now the official owner of Rugby Park
The Invercargill City Council now officially owns Rugby Park Stadium after the final ownership documents were signed yesterday morning (Friday 8th July). Inspite of the change...
Jul 8, 2016
Sport /
Finance /
Venues
TEG acquires touring business of veteran promoter Paul Dainty
In a deal that will create the biggest diversified ­promotion and entertainment company in the local market, TEG, owner of Ticketek and a range of live entertainment properties,...
Jul 4, 2016
Events /
Finance /
Venues /
Entertainment /
Ticketing
Suncorp Stadium set to host 2019 NRL Grand Final
Brisbane’s Suncorp Stadium appears likely to secure the hosting of the 2019 NRL Grand Final in a move described as “a long-awaited coup for Queensland rugby league fans”. With...
Jul 3, 2016
Sport /
Finance /
Venues
Tropfest to return as not-for-profit entity
Moving to a not-for-profit business model, Sydney’s Tropfest short film festival will return for its 25th year in February 2017. With the festival having almost gone under due...
Jul 1, 2016
Events /
Finance /
Entertainment
Rising costs lead Pyeongchang 2018 organisers to ask South Korean Government for more funding
Facing ballooning costs in its organisation of the 2016 Winter Olympic and Paralympic Games, the organisers of the Pyeongchang 2018 Games has reportedly asked for more funding...
Jun 29, 2016
Events /
Sport /
Finance /
Venues
Cricketers association helps players recover Indian Cricket League remuneration from 2009
Following the failure of the Indian Cricket League (ICL) event in 2009, a lengthy legal process to recover player payments has finally been resolved. The Federation of...
Jun 26, 2016
Sport /
Legal /
Finance
Council supports World Rally Championship remaining on the Coffs Coast
The Australian leg of this year's World Rally Championship (WRC) will go ahead with sponsorship from the Coffs Harbour City Council. In April, the Council unexpectedly voted...
Jun 24, 2016
Events /
Sport /
Marketing /
Finance
Promoter Michael Gudinski backs Labor Party
Leading Australian music promoter and Mushroom Group founder and Chairman Michael Gudinski has lent his support and thanks to the Australian Labor Party ahead of the Federal...
Jun 21, 2016
Culture /
Finance /
Government /
Entertainment
NSW budget acclaimed for backing visitor economy
The Tourism & Transport Forum Australia (TTF) has welcomed the NSW Government’s budget as a bar-setting example of the economic value of investing in the visitor economy and...
Jun 21, 2016
Sport /
Tourism /
Finance /
Recreation /
Government
Chinese professional sports market to reach US$242 billion by 2025
The annual revenue from China’s professional sports industry will reach 1.6 trillion yuan (US$242 billion) by 2025, according to a report by China eCapital Corp. As stated in...
Jun 20, 2016
Sport /
Marketing /
Finance
FFA seeking $160,000 for Pararoos
Football Federation Australia (FFA) is undertaking a fundraising drive, in partnership with the Australian Sports Foundation, to help the Pararoos qualify for the Cerebral Palsy...
Jun 19, 2016
Sport /
Finance
Labor pledges to fund National Library's Trove online database
Labor has promised $12 million in funding over four years to the National Library of Australia for it to resume adding new content to its online database Trove. Trove allows...
Jun 16, 2016
Education /
Culture /
Finance /
Government
Groundbreaking funding now available for Rio athletes
Individual Australian Olympic and Paralympic athletes can now raise tax deductible funds to assist their preparation for the Rio Games by registering to fundraise with the...
Jun 16, 2016
Sport /
Finance
Arts campaigners to stage National Day of Action
A group of arts organisations are planning a National Day of Action on Friday 17th June that will include banner drops at high-profile arts venues, a campaign encouraging...
Jun 15, 2016
Culture /
Finance /
Government /
Entertainment
Transaction Services Group appoints Chief Customer Officer Australasia
Leading global payment solutions provider Transaction Services Group (TSG) has announced the appointment of Wayne Pointon as Chief Customer Officer Australasia. Announcing the...
Jun 13, 2016
Finance /
Attractions /
Billing /
Fitness
Queensland Government commits extra $40 million for 'Federal election decider' Townsville stadium
The Queensland Government has today announced that it will contribute a further $40 million to the planned Townsville stadium and entertainment centre, increasing is...
Jun 10, 2016
Sport /
Finance /
Government /
Venues
ARU gives Western Force a financial lifeline
A deal to alleviate the Western Force's financial problems has been struck between the Australian Rugby Union (ARU) and Rugby WA, allowing the team to continue to operate. Under...
Jun 8, 2016
Sport /
Finance
Infrastructure fund to support jobs and growth in Queensland tourism
Tourism businesses in Queensland will receive a boost with almost $2.5 million being provided through the Federal Government’s Tourism Demand Driver Infrastructure (TDDI)...
Jun 6, 2016
Tourism /
Finance /
Attractions /
Venues
Equity New Zealand slams reduced Government arts funding
Equity New Zealand has issued a statement expressing its “disappointment” that the wider arts sector was ignored in the New Zealand budget. While welcoming increased funding for...
Jun 5, 2016
Culture /
Finance /
Venues /
Entertainment