News: Finance
Liberals emphasise how pro-growth policies have backed tourism growth: Election focus
Leading up to the Federal election, the Liberal party has emphasised how the tourism industry has thrived under the current, Malcolm Turnbull-led, Government with visitor...
Jun 5, 2016
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Finance /
Government
Labor pledges to scrap Catalyst 'slush fund'
Labor has vowed to scrap the Catalyst arts funding body established by the current Federal Government and return any remaining funds to the Australia Council for the Arts....
Jun 3, 2016
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Entertainment
New operators sought for Perth Motorplex venue
Perth Motorplex is looking for new management following a decision from the current operators to stand down at the end of the month. Kwinana Motorplex Pty Ltd (KMPL) will...
Jun 1, 2016
Sport /
Finance /
Venues
Virgin Active to open 30 fitness clubs in Singapore and Thailand
Virgin Active Health Clubs is investing £150 million (US$216 million) to open up to 30 new gyms in South East Asia. Over the next six years the company expects to create close...
Jun 1, 2016
Finance /
Retail /
Fitness
Political parties must support growth potential of tourism
The Australian Tourism Export Council (ATEC) has called all political parties to recognise the significance of our tourism export industry to the overall success of our economy...
Jun 1, 2016
Tourism /
Finance /
Government
Arts funding to creatively transform small towns in Victoria
The Victorian towns of Birregurra, Lake Tyers Beach, Narrawong, Rainbow, Girgarre and a collective of Western Port waterline townships will each be receiving $350,000 to...
May 31, 2016
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Entertainment
Perth Theatre Company enters voluntary administration
After more than 30 years, the Perth Theatre Company (PTC) has gone into voluntary administration after failing to resolve financial woes Announcing that the its business and...
May 28, 2016
Finance /
Venues /
Entertainment
Perth Stadium operations to cost more than $50 million in first year
The completed Perth Stadium is projected to cost Western Australian taxpayers more than $50 million in its first full year of operation in 2019. The ABC has revealed budget...
May 27, 2016
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Venues
ASADA suffers budget cuts in lead up to Rio Olympics
While the Rio Olympics are just two months away, the Australian Sports Anti-Doping Authority (ASADA) is currently being hit by a 20% reduction in its funding. ASADA has...
May 27, 2016
Sport /
Legal /
Finance /
Wellness
Debitsuccess appoints Australian Sales Manager
Leading payment solution company Debitsuccess has appointed Jason Philactides to the role of National Sales Manager for Australia. Philactides has more than 16 years’ sales...
May 26, 2016
Finance /
Attractions /
Billing /
Fitness
Planned new Townsville Stadium not financially viable
With calls for the next Federal Government to back the development of a new Townsville Stadium having emerged as a key election issue in the marginal constituency, a benefit...
May 21, 2016
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Venues
Pyeongchang Games President confident of successful Olympics despite financial and timing concerns
New PyeongChang 2018 President Lee Hee-beom has promised to organise a successful Winter Olympic and Paralympic Games, despite the financial, timing and leadership problems that...
May 20, 2016
Events /
Sport /
Finance /
Venues /
Ticketing
Fitness Australia launches resource to aid fitness business growth
Bill Moore, the recently appointed Chief Executive of Fitness Australia, has set out to aid the peak national industry association’s members in growing their businesses....
May 17, 2016
Marketing /
Legal /
Finance /
Fitness
Government defers introduction of backpacker tax
As a result of growing industry and political opposition, the Federal Government has announced that it will delay the introduction of its ‘backpacker tax’ until January next...
May 17, 2016
Tourism /
Finance /
Government
Sanderson Group acquires more than 80% equity shareholding in new Malaysian theme park
The Sanderson Group, experts in the design and construction of themed attractions, has announced an increase in its equity shareholding in Malaysian attraction RSG MAPS Sdn....
May 15, 2016
Tourism /
Design /
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Attractions /
Entertainment
MEAA says live theatre devastated by Australia Council cuts
The Media, Entertainment & Arts Alliance says that Australian theatre audiences, performers and stage crews are facing a bleak future as the Federal Government’s drastic arts...
May 13, 2016
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Finance /
Government
Government must clarify future of backpacker tax
As tourism businesses head to the Gold Coast for the Australian Tourism Exchange (ATE), the nation’s biggest annual travel and tourism ‘B2B’ event, the Australian Tourism Export...
May 12, 2016
Tourism /
Finance /
Government
CAST calls on Federal Government to reinstate Australia Council funds
The Confederation of Australian State Theatre Companies (CAST) has issued a statement calling on the Federal Government to formally review its budget cuts to the Australia...
May 12, 2016
Culture /
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Venues /
Entertainment
Report alleges Tokyo Olympic bid paid US$1.4 million to disgraced athletics official
A US$1.4 million payment from the successful Tokyo Olympic bid team to a bank account linked to the son of the disgraced former world athletics head Lamine Diack was apparently...
May 12, 2016
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Legal /
Finance
OnTheGo entrepreneur Mick Spencer reels in three sharks on Network Ten’s Shark Tank
Mick Spencer, the founder of apparel brand OnTheGo Sports, showed his entrepreneurship to land deals with three of Australia’s leading business heavyweights in front of a...
May 9, 2016
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Technology /
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Retail /
Fitness
$1 million for ASB Theatre in Blenheim
The newly opened ASB Theatre in Blenheim will receive $1 million from the New Zealand Government. Announced after a visit to the venue by New Zealand Prime Minister John Key,...
May 8, 2016
Finance /
Venues /
Entertainment
Lynton V Harris pitches Sharknado attraction concept on Network 10 reality show
Attractions and entertainment entrepreneur Lynton V Harris will tonight present his concept for the Sharknado Alive experience on Network Ten reality show, Shark Tank....
May 8, 2016
Finance /
Attractions /
Entertainment
Western Australian Government commits $30 million in events funding
Tourism in Western Australia is set to benefit from a $30 million boost in events funding as part of the 2016/17 budget. The funding includes $19 million to host major events at...
May 7, 2016
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Tourism /
Finance /
Government /
Venues
Tourism industry disappointed by backpacker tax retention
Tourism industry representatives have expressed bitter disappointment that the Federal Government has failed to make changes to the backpacker tax introduced in last year's...
May 7, 2016
Tourism /
Finance /
Government