News: Finance
Camden’s Kirkham Oval to receive $2.8 million upgrade to cater for growth in female participation
Camden Council and the NSW Government are funding a $2.8 million upgrade to Kirkham Oval to cater for the increase in female participation in sport at the facility. As part of...
Nov 25, 2023
Sport /
Finance /
Venues
New Zealand tourism spending on the rise
Total spending in New Zealand tourism is as strong as pre-pandemic levels, with Tourism Industry Aotearoa suggesting that this bodes well for the economy as the industry heads...
Nov 25, 2023
Tourism /
Finance /
Government
Rugby Australia secures private equity $80 million loan
Rugby Australia has announced the successful conclusion of a capital raise program that will see it secure an $80 million loan as part of an agreement with Pacific Equity...
Nov 24, 2023
Sport /
Finance
Matildas and Socceroos drive Football Australia to 48% increase in revenue
The performances of the Socceroos and Matildas at their respective FIFA World Cups has seen governing body Football Australia report revenue of $113.3 million for the financial...
Nov 23, 2023
Sport /
Marketing /
Finance
Ardent Leisure’s Gary Weiss under pressure over two million guests a year ‘prediction’ for Dreamworld
Ardent Leisure Chairman Dr Gary Weiss has reportedly been under pressure from investors about predictions for annual guest numbers at Gold Coast theme park Dreamworld. At its...
Nov 22, 2023
Finance /
Attractions /
Waterparks
Australian Sports Commission launches ‘Play Well’ program with $10 million funding
The Australian Sports Commission has today launched their first co-designed Sport Participation Strategy aimed at ensuring all Australians have the opportunity to be involved in...
Nov 22, 2023
Sport /
Finance /
Government
Fitness industry entrepreneur Leon McNiece to partner with World Gym Australia
In an industry first, fitness innovator Leon McNiece has joined forces with World Gym Australia partners Jon Davie and Mike Nysten in a move to drive the brand’s expansion...
Nov 22, 2023
Finance /
Fitness
ARIA and PPCA provide submissions in support of fair payment for recording artists from Radio Stations
Australian Recording Industry Association (ARIA) and Phonographic Performance Company of Australia (PPCA) today revealed their submissions supporting the Copyright Legislation...
Nov 20, 2023
Legal /
Finance /
Entertainment /
Arts
Football Australia announces eight teams for new national second division
Eight semi-professional clubs are a step closer to a place in the A-League Men’s competition with Football Australia today announcing the make-up of a national second division...
Nov 19, 2023
Sport /
Finance
Humanitix makes $4 million donation to charities in 2023
Humanitix, the Sydney-based events booking platform that directs 100% of profits to charitable projects has announced its largest donation to date, injecting a total of $4...
Nov 19, 2023
Events /
Finance /
Venues /
Ticketing
F45 co-founder Rob Deutsch partners with Sydney’s The Yard Gym
Rob Deutsch, one of the co-founders of F45 Training, has re-emerged with an involvement in new gym chain The Yard Gym. Deutsch, who left F45 prior to its 2021 listing on the New...
Nov 19, 2023
Finance /
Fitness
Hamish McLennan ousted as Rugby Australia Chair
Rugby Australia Chairman Hamish McLennan has been pushed out of this role as at an extraordinary late-night board meeting. McLennan's being voted out of the role follows six...
Nov 19, 2023
Sport /
Finance
Football Victoria owed almost $2 million by local clubs
Governing body Football Victoria has this week revealed a concerning update that the level of debt owed to them by community clubs is close to $2 million. Football Victoria...
Nov 17, 2023
Sport /
Legal /
Finance
Theatre performers look for audience backing for pay rises
Following the collapse of negotiations between the Media Entertainment and Arts Alliance (MEAA) and the peak body representing commercial and independent promoters and...
Nov 15, 2023
Safety /
Finance /
Venues /
Entertainment /
Arts
Adelaide’s Harvest Rock festival demonstrates economic value of major events
The return of the Harvest Rock music festival to Adelaide saw hotel room bookings reach new highs – demonstrating the economic value of such major events Harvest Rock II saw...
Nov 14, 2023
Events /
Tourism /
Finance /
Entertainment /
Arts
Art Gallery of NSW faces massive shortfall in governmental funding
The Art Gallery of NSW is reported to be facing a major shortfall in funding with the NSW Government apparently unwilling to provide additional money for its operations, despite...
Nov 11, 2023
Tourism /
Finance /
Attractions /
Government /
Arts
New Zealand Amateur Sport Association warns of ‘extinction event’ for community sport
The New Zealand Amateur Sport Association (NZASA) has warned of a potential ‘extinction event’ for the country’s incorporated community sport organisations (ICSOs). In a...
Nov 10, 2023
Sport /
Legal /
Finance /
Recreation
Brisbane Air Locker Training location goes into liquidation
Air Locker Training in the Brisbane suburb of Newstead has gone into voluntary liquidation this week. As reported by 7NEWS, it was resolved at a company meeting on 8th November...
Nov 10, 2023
Legal /
Finance /
Fitness
Northern Territory Government invests $6 million in Aboriginal Ranger projects
The Northern Territory Government, through its Aboriginal Ranger Grants Program (round seven), is investing a record $6 million in 38 Aboriginal Ranger projects. The projects...
Nov 10, 2023
Tourism /
Culture /
Finance /
Environment
Indonesian female wellness platform closes an oversubscribed seven-figure seed round
The female wellness platform transforming women's health in Indonesia - Yoona - recently closed an oversubscribed seven-figure seed round, led by CyberAgent Capital, known for...
Nov 9, 2023
Finance /
Wellness /
Technology /
Fitness
Queensland Ballet investment to deliver programs supporting wellbeing of vulnerable communities
The Queensland Government is investing $750,000 in Queensland Ballet to offer clinically designed dance rehabilitation, mobility, and strength classes for key groups throughout...
Nov 9, 2023
Finance /
Wellness /
Fitness
Fitness entrepreneur targets closing F45 gym sites
Media reports on the ongoing troubles of F45 Training and its franchisees have advised that around 150 of its gyms are in “distress”. Into this market, fitness entrepreneur...
Nov 7, 2023
Legal /
Finance /
Fitness
International venue managers ASM Global acquired by Legends
Premium experiences company Legends has announced the signing of a definitive agreement to acquire ASM Global, the global manager of sport and entertainment venues. A statement...
Nov 7, 2023
Sport /
Finance /
Venues /
Entertainment
Football Australia pay deal sees Matildas get parity with Socceroos
Football Australia has announced a new collective bargaining agreement (CBA) with its elite players that will see pay increases for many Matildas and their getting equal...
Nov 7, 2023
Sport /
Finance