News: Finance
RWS Global announces acquisition of Great Big Events
Live events leader RWS Global has today announced the acquisition of Australian-founded Great Big Events (GBE), a leading event production company known for its work on the...
May 14, 2024
Events /
Sport /
Finance /
Venues /
Entertainment
Planned South Australian cultural centre unlikely to receive funding in Federal budget
The Tarrkarri Centre for First Nations Cultures planned for Adelaide's CBD is unlikely to receive additional funding in the Federal budget. Tarrkarri was anticipated and...
May 13, 2024
Culture /
Finance /
Government /
Venues /
Arts
World Gym Australia launches new Granville club as first of a series of openings
World Gym Australia has opened its 45th club in Australia, in the Sydney suburb of Granville. The largest gym in the area, 1,300 metre² facility, which features the latest...
May 12, 2024
Finance /
Fitness
NSW Government’s Level the Playing Field Program funds 26 projects
Women’s sport in NSW has received a major boost with 26 projects receiving funding through the NSW Government’s $30 million Level the Playing Field Program. The program, which...
May 11, 2024
Sport /
Finance
NBL agrees new media deal
The National Basketball League (NBL) will be accessible to more sports fans with the competition having extended its partnership with ESPN, secured a new free-to-air broadcast...
May 10, 2024
Sport /
Finance /
Technology
Call for Federal budget to include a sugary drinks tax to tackle obesity and diabetes
In a move backed by the Australian Medical Association and the Australian Dental Association, public policy think tank the Grattan Institute has called for the Federal budget to...
May 10, 2024
Finance /
Wellness /
Government
Chief Executive appointments at AFL's new Tasmanian club and St Kilda
Brendon Gale has announced that he will depart from his role as Chief Executive of Richmond FC at end of the season to become the inaugural Chief Executive of the AFL's incoming...
May 10, 2024
Sport /
Finance
ATEC highlights Australia’s tourism marketing costs are climbing
Australian Tourism Export Council (ATEC) has highlighted that Australian tourism businesses are facing sky-high increases in marketing costs as the country struggles to regain...
May 10, 2024
Marketing /
Tourism /
Finance
Federal Government commits $250 million to AIS upgrades and $10 million for Canberra Stadium masterplan
The Federal Government has announced a $249.7 million investment to upgrade Australian Institute of Sport (AIS) facilities along with a further $10 million for the Department of...
May 9, 2024
Sport /
Finance /
Government /
Venues
Tourism Council WA welcomes milestone Western Australian budget funding for major events
Tourism Council WA has welcomed the record $201 million funding for Tourism WA in the 2024/25 state budget, which it sees as being essential to recover international visitors...
May 9, 2024
Events /
Tourism /
Finance /
Government
Private capital firm confirms interest in funding Hobart's planned AFL stadium
Private capital consortium the Plenary Group is reported to be ready to bid for the right to partner with the Tasmanian Government to deliver the proposed Hobart AFL stadium. As...
May 7, 2024
Sport /
Finance /
Government /
Venues
VTIC acknowledges challenges from cuts to tourism funding in Victorian budget
The Victoria Tourism Industry Council (VTIC) has acknowledged the challenges facing the industry in the wake of the cuts to funding for major events and tourism promotion in the...
May 7, 2024
Marketing /
Tourism /
Finance /
Attractions /
Government
Tasmanian opposition changes stance to support Hobart stadium plan
Dean Winter, Tasmanian Labor’s recently appointed leader, has announced that the party is to now support the proposed AFL stadium at the Macquarie Point site in Hobart. With the...
May 7, 2024
Sport /
Finance /
Government /
Venues
Victorian budget cuts $285 million in funding for major events and tourism promotion
Victorian Treasurer Tim Pallas has revealed the state’s 2024/25 budget which will see a drop in investment for major events and tourism with $183.8 million to be spent next year...
May 7, 2024
Sport /
Tourism /
Finance /
Government /
Venues
Creative Australia releases new report showing difficulties for professional artists to make a living
Commissioned by Creative Australia, an extensive economic study released today - ‘Artists as Workers: An Economic Study of Professional Artists in Australia’ - reveals that it...
May 6, 2024
Education /
Culture /
Finance /
Arts
Tourism Australia fires staff for spending $137,000 of funds for private holidays
Tourism Australia fired three staff in October, including a senior employee, over their use of taxpayer funds on private travel. Revealed last month by Crikey , the dismissals,...
May 5, 2024
Marketing /
Tourism /
Legal /
Finance
North Sydney Council cuts staff as Olympic Pool redevelopment drains budget
North Sydney Council has cut staff in an attempt to stave off a worsening financial position, with rising costs for the redevelopment of its Olympic Pool impacting its budget....
May 5, 2024
Finance /
Recreation /
Aquatics
Western Australian budget to deliver new investment for conservation estate and national and marine parks
The Western Australian Government's commitment to expanding the state’s conservation estate will receive a significant $73 million boost over the next four years as part of Plan...
May 4, 2024
Finance /
Government /
Environment /
Parks
$1.4 million Choose Tourism Program campaign looks to boost visitor economy workforce in regional NSW
A $1.4 million campaign to encourage more people to pursue a career in tourism is being rolled out across regional NSW. Expanding on the success of the 2022/23 pilot program...
May 2, 2024
Marketing /
Tourism /
Finance /
Government
Brisbane live music venue the Zoo to close after 32 years
Brisbane live music venue The Zoo has announced that it will cease operation this July after 32 years in business, with owners saying that the venue is not financially viable....
May 1, 2024
Finance /
Venues /
Entertainment
Liquidators appointed to company behind planned Sunshine Coast resort and waterpark
Sanad Capital Pty Ltd, the company behind a planned multi-million dollar resort, surfing lagoon and waterpark on the Sunshine Coast, has been forced into liquidation According...
May 1, 2024
Tourism /
Legal /
Finance /
Attractions /
Waterparks
Bonza airlines failure expected to impact Albury tourism success
Albury City Mayor, Kylie King says the Council is “extremely disappointed” on learning that budget airline, Bonza, has this week entered voluntary administration. The airline...
Apr 30, 2024
Marketing /
Tourism /
Finance
Penrith City Council resolves to reduce outdoor dining fees by 75%
With cost-of-living and economic pressures making operating hospitality business difficult, Penrith City Council has resolved to reduce outdoor dining fees by 75% for local...
Apr 30, 2024
Hospitality /
Finance
Motorsport Australia advises of $1 million deficit for 2023
Motorsport Australia has released its latest financial results, which show a significant deficit on its operations in 2023. Operating for a January to December financial year,...
Apr 30, 2024
Sport /
Safety /
Finance /
Insurance