News: Finance
Chief Executive at Kooyong Lawn Tennis Club departs after auditors report shows $2.4 million F&B losses
Chris Brown, the longstanding Chief Executive of Melbourne’s Kooyong Lawn Tennis Club, has departed the club just weeks after auditors found that poor financial management and...
Feb 19, 2024
Sport /
Finance /
Venues
Gold's Gym announces takeover of former World Gym Yeerongpilly site
South east Queensland’s first big box gym is now a Gold’s Gym location following the transition of the former World Gym Brisbane site in Yeerongpilly to the Gold’s Gym stable....
Feb 18, 2024
Finance /
Retail /
Fitness
Ballymore revenue drives fifth consecutive of profit for Queensland Rugby Union
The Queensland Rugby Union has announced earnings before interest, tax and depreciation and amortisation (EBITDA) of $455,336 - representing its fifth consecutive year of...
Feb 18, 2024
Sport /
Finance /
Venues
Pelligra Group announced as new owners of A-Leagues Perth Glory
The Australian Professional Leagues (APL) has announced the Pelligra Group, owner of Italian football club Catania, as Perth Glory FC’s new owners. A private, family-owned and...
Feb 16, 2024
Sport /
Finance
Rugby Australia announces new investment in women's game
Rugby Australia has announced an increase in its investment in women’s rugby, with an additional $3 million dollars ahead of next year’s Rugby World Cup. Marking the second...
Feb 16, 2024
Sport /
Finance
Revenue growth prompts Viva Leisure to look for further fitness club acquisitions
Leading health club owner Viva Leisure has indicated that it is looking acquire new gym locations after reporting its half-year results on Thursday. Reporting $79.1 million in...
Feb 15, 2024
Finance /
Fitness
Volleyball Australia partners with Mahindra Automotive
Volleyball Australia has secured a two-year sponsorship deal with Mahindra, a global leader in automotive manufacturing - marking Mahindra Automotive Australia’s first foray...
Feb 15, 2024
Events /
Sport /
Marketing /
Finance
Regional events continue to attract state government support in South Australia
Applications are now open for South Australia's Regional Event Fund. Managed by the South Australian Tourism Commission, the Fund encourages the development of new and...
Feb 15, 2024
Events /
Finance
Rising utility costs see Bendigo East Swimming Pool shift to seasonal operation
The Bendigo East Swimming Pool Committee and the City of Greater Bendigo have agreed to transition Bendigo East pool to operating seasonally due to rising utility costs and open...
Feb 15, 2024
Finance /
Aquatics
Madame Tussauds Sydney partners with Leukaemia Foundation for World’s Greatest Shave
Madame Tussauds Sydney is helping to raise vital funds for Australians living with blood cancer by having some of their popular celebrity wax figures - Jimmy Barnes, Dannii...
Feb 15, 2024
Events /
Marketing /
Finance /
Wellness /
Attractions
Fitness on Demand’s Andy Peat advises of trends to transform businesses in 2024
Andy Peat, Chief Executive of virtual access platform Fitness on Demand has told Australasian Leisure Management that it’s time for the fitness industry to change again....
Feb 14, 2024
Marketing /
Finance /
Technology /
Billing /
Fitness
Poor ticket sales sees cancellation of Groovin The Moo regional festivals
Just two months out before its first 2024 event in South Australia, Cattleyard Promotions, the organisers of the Groovin The Moo festival, have cancelled the regional tour...
Feb 14, 2024
Events /
Finance /
Entertainment /
Ticketing
Tasmanian Premier makes election pledge to limit state government’s contribution to new Hobart Stadium at $375 million
On the election trail, Tasmanian Premier Jeremy Rockliff has pledged to cap the state government’s input into the proposed Macquarie Point Stadium in Hobart at $375 million....
Feb 14, 2024
Sport /
Finance /
Government /
Venues
New discount scheme to boost Northern Territory 2024 tourism season
The Northern Territory tourism and hospitality sector is being given a boost by the Territory Government’s new Tourism Discount Scheme set to commence at the end of this month....
Feb 14, 2024
Tourism /
Hospitality /
Finance /
Attractions /
Government
AUSactive submission for 2024/25 Federal budget calls for tax deductibility for gym memberships
Calling for Fringe Benefit Tax exemption for employer provided gym memberships, tax deductibility for gym memberships for all taxpayers and a national public health campaign...
Feb 13, 2024
Finance /
Wellness /
Government /
Fitness
Western Australian Government to establish cabinet-level tourism investment committee
Following new data from Tourism Research Australia that showed the state had the lowest level of tourism investment, the Western Australian Government has announced the...
Feb 13, 2024
Tourism /
Hospitality /
Finance /
Attractions /
Government
Troubled Melbourne Rebels make Chief Executive and key staff redundant
Uncertainty over the future of Super Rugby franchise the Melbourne Rebels has risen with the financially stricken club yesterday making Chief Executive Baden Stephenson and nine...
Feb 13, 2024
Sport /
Finance
Counting down to Te Kaha Stadium opening Christchurch City Council threatens event funding
Approaching the two-year mark to Christchurch’s Te Kaha Stadium opening in April 2026, Venues Ōtautahi has advised that building work is on track with the stadium now visually...
Feb 13, 2024
Sport /
Finance /
Venues /
Entertainment
Record ticket sales and membership figures drive strong AFL 2023 financial result
The AFL improved its financial performance in 2023 with operating surplus at $27.7 million, up $7 million from the previous year - representing a record year across all major...
Feb 13, 2024
Sport /
Finance /
Ticketing
City of Fremantle announces major sponsorship for Girls Festival of Community Soccer
Fremantle's Girls Festival of Community Soccer is in its second year and provides girls with the opportunity to enjoy the physical and mental health benefits of playing a team...
Feb 12, 2024
Events /
Sport /
Marketing /
Finance
October dates confirmed for 24th World Travel and Tourism Council Global Summit in Perth
The World Travel and Tourism Council (WTTC) has confirmed that its 24th Global Summit in Perth will be held from 8th to 10th October. With Perth announced last November as the...
Feb 12, 2024
Marketing /
Tourism /
Finance /
Government
Cost of North Sydney Olympic Pool redevelopment set to exceed $100 million
Building delays and rising costs are set to see the price for rebuilding the North Sydney Olympic Pool rise to more than $100 million - almost double the original estimate. With...
Feb 12, 2024
Design /
Finance /
Aquatics
Western Australia needs new visitor attractions and tourism accommodation
In the wake of Tourism Research Australia’s latest investment report, Tourism Council WA is calling for investment in new attractions and tourist accommodation in Western...
Feb 12, 2024
Tourism /
Hospitality /
Finance /
Attractions
Global sport sponsorship market set to grow by US$22.6 billion in years to 2027
The expansion of leagues and the creation of new ones is set to see the global sports sponsorship market increase by US$22.64 billion between 2022 and 2027, accelerating at a...
Feb 11, 2024
Events /
Sport /
Marketing /
Finance