News: Finance
Genting Singapore posts lowest annual profit in five years
Genting Singapore, operator of the Resorts World Sentosa integrated resort, which is 53% owned by Genting Bhd of Malaysia, posted its lowest annual profit in five years, hit by...
Feb 20, 2016
Tourism /
Hospitality /
Finance /
Attractions
Wellington Phoenix get 10-year A-league licence extension
Football Federation Australia (FFA) and Wellington Phoenix have agreed to a 10-year-deal for the extension of the club’s Hyundai A-League licence. Following a change of heart by...
Feb 20, 2016
Sport /
Finance /
Venues
Warriors to stay at Mount Smart until end of 2028
The future of Auckland’s Mt Smart stadium appears to be assured with the NRL’s New Zealand Warriors announcing that the team will continue to call the venue home until at least...
Feb 19, 2016
Sport /
Finance /
Venues
Goodlife Health Clubs bounce back with 24/7 clubs plus new marketing and membership strategies
Having reported mixed results over the past year largely as a result of changing membership patterns, Ardent Leisure's Goodlife Health Club division has bounced back in the last...
Feb 19, 2016
Finance /
Wellness /
Fitness
Sporting legends back ASF goal to exceed $300 million in sport fundraising
The Australian Sports Foundation (ASF) has this week marked its 30th anniversary, announcing that 12 sports greats have agreed to support its fundraising initiatives as...
Feb 18, 2016
Sport /
Finance /
Recreation
Ardent Leisure records 20% profit rise backed by improved FEC and theme park visits
Australian Stock Exchange listed Ardent Leisure has posted a 20% increase in its half year net profit to $22.6 million, once again driven by the expansion in its United States...
Feb 18, 2016
Finance /
Recreation /
Attractions /
Entertainment /
Fitness /
Waterparks
Northern Territory Government flags project funding under national tourism infrastructure program
Northern Territory tourism businesses are being encouraged to apply for funding to develop new tourism projects under a national tourism infrastructure program. Northern...
Feb 17, 2016
Events /
Tourism /
Finance /
Government
Manly Sea Eagles reach agreement with Warringah Council to stay at Brookvale Oval
The Manly Sea Eagles will keep Brookvale Oval as their home ground during the 2016 NRL season after reaching an agreement with ground owners Warringah Council on the lease of...
Feb 16, 2016
Sport /
Tourism /
Finance
Falling attendances leads to losses at Hong Kong Disneyland
Falling attendances and rising costs have led the Hong Kong Disneyland Resort to record a HK$148 million (US$19 million) loss for the fiscal year ended 3rd October 2015. Now...
Feb 16, 2016
Tourism /
Finance /
Attractions /
Entertainment
NRL records $12.5 million loss despite record revenue
The financial fortunes of the National Rugby League saw a $39 million reversal in the year ended 31st October 2015. Despite record revenues of $334 million, for the past...
Feb 15, 2016
Sport /
Marketing /
Finance
Netball Australia expects joint AFL/netball franchise to join trans-Tasman championship in 2017
Netball Australia Chief Executive Kate Palmer says she would not be surprised if there was a joint AFL/netball franchise in the trans-Tasman competition in 2017. Last year, the...
Feb 12, 2016
Sport /
Finance
Sport NZ rings changes to ensure Kiwis stay in sport and active recreation
Sport New Zealand recently confirmed investment of around $43 million a year for the next four years aimed at maintaining and growing numbers involved in community sport,...
Feb 4, 2016
Sport /
Finance /
Recreation /
Wellness
IHRSA releases new fitness club resources
The International Health, Racquet & Sportsclub Association (IHRSA) has released two resources to help existing and potential club owners, managers, and investors understand the...
Feb 4, 2016
Marketing /
Finance /
Wellness /
Fitness
Federal sports minister makes gender equality in travel a priority for Australian sport
Major sporting organisations backed by the Australian Sports Commission (ASC) will be expected to provide gender equality in overseas travel standards if they want to continue...
Feb 4, 2016
Events /
Sport /
Culture /
Finance /
Government
Construction underway at new Gympie Aquatic Recreation Centre
Construction has begun on Gympie Regional Council’s new $22.25 million aquatic facility. To known as the Gympie Aquatic Recreation Centre, the facility will include a 50 metre...
Feb 3, 2016
Design /
Finance /
Recreation /
Aquatics /
Waterparks
2015 AFC Asian Cup delivers $81 million economic impact
A year after the Socceroos lifted the AFC Asian Cup, new research shows that hosting Asia's football showpiece created $81 million in economic impact for the country. More than...
Feb 2, 2016
Events /
Sport /
Finance
Tourism industry calls for scrapping of backpacker tax
The Tourism & Transport Forum Australia (TTF) is encouraging the Australian tourism industry to express its opposition to the Federal Government’s $540 million backpacker tax by...
Feb 1, 2016
Tourism /
Finance /
Government
New Zealand to develop national facilities benchmarking tool
The New Zealand Recreation Association (NZRA) and Sport New Zealand have teamed up to develop a tool to provide benchmarking data to aquatic facilities, stadiums and indoor...
Feb 1, 2016
Sport /
Finance /
Recreation /
Venues /
Aquatics
Sydney theatres underutilised and inaccessible
A research project into theatre venues in Sydney has revealed a shortage of accessible theatres and the underutilisation of many of the city’s existing theatres. Investigating...
Feb 1, 2016
Access /
Finance /
Venues /
Entertainment
Five key reasons to attend the Business of Sport Summit 2016
The organisers of the upcoming Business of Sport Summit 2016 have shared five key reasons why potential delegates should attend the sport industry’s leading annual sport forum....
Jan 26, 2016
Events /
Sport /
Finance /
Venues
Lobby group optimistic about the future investment in Western Sydney cultural infrastructure
The Western Sydney Arts and Cultural Lobby remains optimistic about the future investment into arts and cultural infrastructure in Western Sydney. Founded in 2014, the group...
Jan 25, 2016
Culture /
Finance /
Government /
Venues /
Entertainment
Victorian Government backs Winton Motor Raceway upgrade
The Winton Motor Raceway near Benalla in the High Country north-eastern region of Victoria is to benefit from a $1 million investment by the Victorian Government toward...
Jan 24, 2016
Sport /
Finance /
Government /
Venues
Wearable fitness devices help 60% of West Australian users reach goals
A survey of West Australians has revealed that 41% of adults under the age of 55 own at least one fitness tracking device but that for a significant number, their wearable...
Jan 23, 2016
Finance /
Wellness /
Technology
Touring exhibitions receive $1.6 million funding
The latest round of the Federal Government's Visions of Australia program is to fund seven exhibitions in visiting 76 venues across Australia. The seven touring exhibitions...
Jan 23, 2016
Culture /
Finance /
Venues