Australasian Leisure Management

News: Finance

Life Fitness acquires rival Cybex International
Brunswick Corp., the parent company of Life Fitness, has acquired rival fitness brand Cybex International Inc. from UM Holdings at a cost of US$195 million (subject to a working...
Jan 22, 2016
Finance /
Wellness /
Technology /
Fitness
2015 Sidney Myer Performing Arts Award-winners announced
Two Tasmanian festivals, an Indigenous artist, and an art facilitator have shared $175,000 in prize money from the Sidney Myer Performing Arts Awards. Now in their 32nd year,...
Jan 21, 2016
Culture /
Finance /
Entertainment
Fine weather boosts performance of Gold Coast theme parks
A rise in visitor numbers to the Gold Coast and fine weather during December looks set to boost the performance of Ardent Leisure and Village Roadshow’s theme parks through...
Jan 18, 2016
Tourism /
Finance /
Attractions /
Waterparks
Tokyo Olympic stadium architect denies copying former design
The architect behind Tokyo’s new Olympic stadium has denied that he borrowed elements of the stadium's former design submitted by Zaha Hadid, the British-Iraqi designer whose...
Jan 15, 2016
Sport /
Design /
Finance /
Venues
Warringah Council team prepares Brookvale Oval for 2016 NRL season
Warringah Council staff are busy getting the Brookvale Oval field ready for the new NRL season having returfed approximately 80% of the playing surface at a cost of $48,000....
Jan 11, 2016
Sport /
Finance /
Venues
NSW Government stadium plans to benefit from further financial boost
The NSW Government's plans to invest more than $1 billion in new and upgraded stadiums could be set for a further financial boost from the privatisation of its Land and Property...
Jan 8, 2016
Sport /
Finance /
Government /
Venues
Nautilus acquires Octane Fitness from North Castle Partners
Leading global fitness equipment supplier Nautilus, Inc. has closed on a definitive purchase agreement to acquire Octane Fitness, LLC, acquiring 100% of the capital stock of OF...
Jan 7, 2016
Finance /
Wellness /
Technology /
Fitness
Dalian Wanda’s Gold Coast theme park plan would hit existing attractions
A new independent report has said that plans for a new multi-billion dollar theme park on the Gold Coast, to be developed by Chinese real estate and entertainment giant Dalian...
Jan 4, 2016
Marketing /
Tourism /
Finance /
Attractions
Zealandia links with Switched On Bikes to offer sustainable transport alternative
Wellington attraction Zealandia has teamed up with electric bike hire and tour start-up Switched on Bikes to offer a sustainable alternative for visitors and locals to get to...
Jan 4, 2016
Tourism /
Finance /
Attractions /
Environment
Victorian sport report calls for boards to appoint women or lose funding
A Victorian Government appointed Taskforce has recommended that sporting associations and peak bodies in the State will need to fill at least 40% of their board positions with...
Jan 1, 2016
Sport /
Culture /
Finance /
Government
Federal funds back Frankston Basketball Stadium expansion
Frankston Basketball has announced that the first stage of its planned facility expansion project will commence in early 2016 as a result of it having obtained $4.9 million from...
Dec 15, 2015
Sport /
Finance /
Recreation /
Venues
Cairns waterpark project again in doubt as dispute halts development
Work on the $45 million Adventure Waters attraction in Cairns has ground to a halt after a reported breakdown of the relationship between developer Paul Freebody and his...
Dec 13, 2015
Tourism /
Finance /
Attractions /
Waterparks
Australia Council announces $10.4 million in arts funding
The Australia Council for the Arts has announced $10.4 million of investment in Australian arts through its September grants round. Australia Council Chief Executive Officer...
Dec 13, 2015
Culture /
Finance /
Government /
Entertainment
Sport New Zealand aims to maintain sport and active recreation participation
Sport New Zealand has confirmed investment of around $43 million a year for the next four years aimed at maintaining and growing the number of people involved in community...
Dec 12, 2015
Sport /
Finance /
Recreation
Karratha arts precinct to benefit from $10 million Federal funding
Construction of the Karratha Arts and Community Precinct looks set to go ahead as scheduled after the City of Karratha was successful in securing $10 million from the Second...
Dec 11, 2015
Tourism /
Culture /
Finance /
Entertainment
Chinese consortium stake in City Football Group part of a global power play
Last week’s announcement that a US$400 million stake in the City Football Group (CFG), held by a senior member of the United Arab Emirates’ royal family, had been sold to China...
Dec 8, 2015
Sport /
Finance /
Government
Ezidebit launches Australia’s most sophisticated online payment platform
Australia’s largest non-bank payment provider, Ezidebit, has launched new market leading cloud software, allowing businesses to process any invoice payment method - whether...
Dec 7, 2015
Finance /
Wellness /
Fitness
New International Antarctic Centre owners invest in Christchurch tourism growth
Real Journeys, the new owner and operator of the International Antarctic Centre attraction, are investing in Christchurch’s tourism growth and the city’s 100 year relationship...
Dec 4, 2015
Tourism /
Finance /
Attractions
Japanese Government agrees deal to fund Tokyo Olympic Stadium
After months of dispute over the cost of the main stadium for the 2020 Olympics, the Japanese and Tokyo Metropolitan Governments have this week reached a deal in which the city...
Dec 4, 2015
Events /
Sport /
Design /
Finance /
Venues
TicketDirect founder Matt Davey leads new Highlanders ownership
A group of South Island-based private investors have been granted a five-year licence to operate reigning Super Rugby champions the Highlanders, in a move that safeguards the...
Dec 4, 2015
Sport /
Marketing /
Finance /
Ticketing
NRL clubs agree new funding deal
The National Rugby League and the 16 NRL clubs have unveiled a new funding agreement which will help secure the future of the game at every level. After several months of...
Dec 2, 2015
Sport /
Finance
Australian Council welcomes part return of NPEA funding
Australia Council for the Arts Chief Executive Tony Grybowski has welcomed the return of $8 million per annum as a result of changes to arts funding announced by Federal...
Nov 26, 2015
Culture /
Finance /
Government /
Entertainment
Lismore gym ordered to pay $300,000 in damages to woman who tripped
A gym in the Northern NSW town of Lismore gym has been ordered to pay almost $300,000 in damages to a woman who tripped over an exercise ball and broke her ankle. Stephanie...
Nov 24, 2015
Legal /
Finance /
Recreation /
Wellness
Investment guide to help grow Queensland tourism
Investors are encouraged to back Queensland’s tourism industry by making use of a guide to tourism investment and development opportunities. Introducing the recently launched...
Nov 22, 2015
Tourism /
Finance /
Attractions