News: Finance
Federal budget must invest in tourism
As Treasurer Joe Hockey puts the final touches on the Federal Budget, the Tourism & Transport Forum (TTF) is urging the government to recognise the importance of tourism and...
May 11, 2015
Tourism /
Finance /
Government
NSW Government drops proposal for $800 million Moore Park Stadium
Provisional plans to build an $800 million rectangular sports stadium at Moore Park, in Sydney’s east, have apparently been dropped following widespread opposition to the plan....
May 10, 2015
Sport /
Finance /
Government /
Venues /
Entertainment
Country town fitness franchise gets the blues
At least two former franchisees of northern NSW-based fitness franchise True Blue Fitness are undertaking legal proceedings against the group. The franchisees, who are...
May 9, 2015
Finance /
Fitness
Avan Lee moves from World Sevens to become new Hurricanes Chief Executive
The Wellington Hurricanes Super Rugby franchise have named World Rugby's Sevens General Manager Avan Lee as its new Chief Executive. New Zealander Lee will take up the post in...
May 7, 2015
Sport /
Finance
Ardent Leisure boosted by revenue surge
Shares in Ardent Leisure have surged in recent days after group announced strong revenues and earnings in its latest first corporate update. Ardent’s first update since the...
May 6, 2015
Finance /
Attractions /
Entertainment /
Fitness /
Waterparks
Victorian budget backs arts, sport and venues
The 2015/16 Victorian State budget has delivered a range of funding commitments for the arts, parks, sport and venues. Backing up a series of election commitments, the budget...
May 5, 2015
Sport /
Finance /
Recreation /
Venues /
Parks
Australian Sports Foundation looks for donations boost
The Australian Sports Foundation (ASF) is aiming to double the donations it receives to $35 million by 2017 by embarking on an aggressive fundraising campaign. ASF Chief...
May 5, 2015
Sport /
Finance /
Recreation
NSW Government to commit $1 billion to stadium development?
With rival groups pushing for financial backing for upgrades to Sydney's Allianz and ANZ Stadiums respectively, the NSW Government is apparently ready to turn its back on...
May 4, 2015
Sport /
Finance /
Government /
Venues
Analysts question performance of Goodlife Health Clubs
The performance of the Ardent Leisure Group's Goodlife Health Clubs has been questioned by business analysts, with Ardent’s once high performing division being assessed as...
May 2, 2015
Marketing /
Finance /
Wellness /
Billing /
Fitness
Australian consortium buy majority stake in third-tier Italian football club
A consortium of Australian entrepreneurs has acquired a 51% stake in Italian third division football club Reggina Calcio. Reggina’s President Pasquale Foti, confirmed at a press...
May 2, 2015
Sport /
Finance
AFC President’s re-election marred by renewed corruption and governance questions
The re-election of Sheikh Salman Bin Ebrahim Al Khalifa as President of the Asian Football Confederation (AFC) for a second term and as Vice President of world football...
May 1, 2015
Sport /
Finance
SGL expands its sport and recreation development support services
Leading leisure industry consultant SGL and its associated companies reached a major milestone in March, celebrating a total of 27 years in the sport, recreation and leisure...
May 1, 2015
Sport /
Finance /
Recreation /
Aquatics
Samoa expects up to US$11.7 million Commonwealth Youth Games cost
The Commonwealth Youth Games in September is likely to cost Samoa between US$7.8 million to US$11.7 million (19.2 million Samoan Tala to 28.9 million Tala) to host, with the...
Apr 23, 2015
Events /
Sport /
Finance /
Venues
Cybex Care web portal enables clubs to monitor cardio equipment usage, tasks and servicing
Leading commercial fitness supplier Cybex has launched Cybex Care - a personalised web portal that helps club owners and managers optimise their cardio equipment usage by...
Apr 22, 2015
Finance /
Surfaces /
Fitness
Chinese and US investors buy Cirque du Soleil
In a move to grow the Cirque du Soleil brand and expand into new markets, global private investment firm TPG has acquired a majority stake in the Canadian-based Canadian...
Apr 22, 2015
Events /
Finance /
Venues /
Entertainment
ARU's $6.3 million loss balanced by record participation
While announcing a $6.3 million loss for 2014, the Australian Rugby Union (ARU) has also revealed record participation levels in the sport in 2014, with 687,488 participants...
Apr 20, 2015
Sport /
Finance /
Technology
Western Australia looks to set new strategic direction for the arts
Mindful that Western Australia’s rapid growth has left a gap between population size and the capacity of the arts sector, the Western Australian Department of Culture and the...
Apr 15, 2015
Culture /
Finance /
Government /
Venues /
Entertainment
SGL Feasibility Studies and Business Plans deliver increased funding support
SGL Consulting Group Australia Pty Ltd reached a significant milestone from its feasibility and client funding support projects last year when it exceeded project funding of...
Apr 15, 2015
Sport /
Finance /
Recreation /
Aquatics /
Consultants
International Olympic Committee to boost efforts to stamp out Olympic cheating
In an effort to stamp out cheating and illegal betting activity at future Olympic Games, the International Olympic Committee (IOC) has established a new whistle-blower hotline...
Apr 13, 2015
Sport /
Legal /
Finance
First pool reopens in Kwinana Recquatic redevelopment
Undergoing a $6 million refurbishment that aims to establish the facility as Kwinana's premier fitness and recreation centre, Kwinana Recquatic has reopened its Hydrotherapy...
Apr 13, 2015
Finance /
Recreation /
Wellness /
Aquatics /
Fitness
Council rejects calls to fund Cessnock Regional Art Gallery
Cessnock Regional Art Gallery is facing closure after Cessnock City Council rejected a request for $36,000 in emergency funding to keep the gallery operating. The Gallery had...
Apr 13, 2015
Culture /
Finance /
Attractions /
Venues
Federal Government backs new Gold Coast Suns administration and training base
The Federal Government is to provide $15 million towards the construction of a replacement training and administration base for the Gold Coast Suns AFL Club at Metricon Stadium....
Apr 13, 2015
Sport /
Finance /
Government /
Venues /
Aquatics
New management for Invercargill’s Rugby Park
Invercargill Venue and Events Management is to take on the task of maximising the earning potential of Invercargill’s Rugby Park stadium. The Council Controlled Organiation...
Apr 9, 2015
Sport /
Finance /
Venues /
Entertainment
Australian Chamber of Commerce and Industry backs campaign for a fitter tax system
The Australian Chamber of Commerce and Industry (ACCI) has thrown its support behind Fitness Australia's #FITnotFBT initiative - a campaign calling for the extension of the...
Apr 8, 2015
Marketing /
Finance /
Wellness /
Government /
Fitness