News: Finance
Tasmanian Government reveals Hobart Stadium planning legislation
The Tasmanian Government has revealed the legislation that it is introducing legislation to move forward the development of its planned new AFL stadium at Hobart's Macquarie...
May 27, 2025
Sport /
Legal /
Finance /
Government /
Venues
Cost of new Hobart Stadium rises to $945 million
Draft legislation that would enable a new AFL stadium to be built at Hobart’s Macquarie Point has been released for public consultation by the Tasmanian Government along with an...
May 26, 2025
Sport /
Finance /
Government /
Venues
Viva Leisure invests in Gold Coast sports drinks startup Gorilla X
Viva Leisure, known for brands like Club Lime and Plus Fitness, has revealed that it has acquired a 33% stake in Gold Coast sports nutrition startup Gorilla X Labs The...
May 25, 2025
Finance /
Retail /
Fitness
80 arts and cultural organisations across NSW to share $17 million annual investment
Create NSW’s Arts and Cultural Funding Program will see 82 arts and cultural organisations across the state share in close to $17 million per annum through 4-Year multi-year...
May 25, 2025
Events /
Culture /
Finance /
Arts
Taroona Bowls and Community Club secures funding for new synthetic green
The Tasmanian Government’s 2025-26 Budget has allocated funding for a new synthetic green and associated facilities for the Taroona Bowls and Community Club, located in southern...
May 25, 2025
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Venues /
Surfaces
Bruthen Outdoor Gear business supported in transition to tourism operator
East Gippsland business, Bruthen Outdoor Gear, has secured a $50,000 grant to help build new headquarters to enable the business to transition from an equipment hire business to...
May 24, 2025
Education /
Finance /
Recreation /
Environment
ASIC confirms notice of winding up and liquidation of lighting technology business Vailo
The Australian Securities and Investments Commission (ASIC) has this week issued notices of the liquidation of South Australian-based lighting company Vailo. Liquidator Robert...
May 23, 2025
Sport /
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Venues /
Technology /
Billing
Football Australia confirms record $8.5 million loss while former Chief Executive James Johnson to lead Canadian Premier League
Football Australia has confirmed a record $8.5 million loss with FA Chair Anter Isaac, stating he was “not satisfied” with FA’s financial results, which come despite record...
May 23, 2025
Sport /
Finance
Disney’s Abu Dhabi theme park to be an indoor attraction
The Walt Disney Company’s announcement earlier this month that it is to launch its seventh Disney theme park on Abu Dhabi’s Yas Island will see the new destination operate under...
May 22, 2025
Tourism /
Finance /
Attractions
Federal Police raid office of embattled Vailo lighting business
The Australian Federal Police are reported to raider the offices of troubled sports lighting manufacture Vailo in relation to debts owed by estate of bankrupt company founder...
May 19, 2025
Sport /
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Finance /
Venues /
Technology
Victorian Government releases community sports infrastructure report
A new report from the Victorian Government has outlined the impacts of more than 330 community sports projects that it has completed over the past two years. The Community...
May 18, 2025
Sport /
Finance /
Recreation /
Government
Falling box office drives Opera Australia to $10 million loss
Opera Australia has reported a dramatic 23% drop in box office revenue for 2024, culminating in an operating loss of $10.1 million - the company’s worst financial result since...
May 16, 2025
Culture /
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Entertainment /
Arts
Conservationists call for critical investment in Victoria’s Parks to ensure their endurance
On the 50th anniversary of Victoria's landmark National Parks Act, conservationists are urging the Victorian Government to deliver critical funding for the state's protected...
May 16, 2025
Finance /
Recreation /
Government /
Environment /
Parks
Coast Entertainment’s Greg Yong tells AALARA 2025 conference how safety and differentiation have transformed Dreamworld
Greg Yong, new elected President of the Australian Amusement, Leisure and Recreation Association (AALARA) and Coast Entertainment Holdings Group Chief Executive, has today told...
May 13, 2025
Safety /
Finance /
Attractions /
Entertainment /
Waterparks
Tasmanian Government initiative delivers $10 million of tourism vouchers
A new Tasmanian Government initiative aimed at stimulating the visitor economy through the winter period will see Tasmanians share in $10 million of vouchers to help cover the...
May 12, 2025
Tourism /
Hospitality /
Finance /
Government
New Zealand Rugby reports $19.5 million loss, looks for sustainable financial model and flags participation growth
While operationally, New Zealand Rugby achieved a near break-even result for the 2024 financial year, it has announced a deficit of $19.5 million for 2024 as $11.7million of...
May 11, 2025
Sport /
Finance
Victoria's ageing aquatic facility infrastructure in need of resources
With more than half of Victoria's public swimming pools aged over 50 years and considered beyond their end-of-life date, a report from the ABC has highlighted the financial...
May 10, 2025
Finance /
Recreation /
Government /
Aquatics
NSW Rugby League looks forward to election funding pledges to deliver multi-million dollar facility upgrades
New South Wales Rugby League Clubs have received a significant boost following the Federal Election with more than $12.3 million in commitments from Labor candidates for...
May 10, 2025
Sport /
Finance /
Recreation /
Government /
Venues
Tasmania’s music, theatre and regional arts sectors given funding boost
The Tasmanian Government is investing in music, theatre, literature and regional arts to enable arts organisations to both develop long-term strategies, and provide...
May 9, 2025
Finance /
Entertainment /
Arts
South Australian Government steps in to save Adelaide's WNBL team 'Lightning'
Adelaide's WNBL team 'Lightning' has been saved from collapse and will continue to have a presence in the Women's National Basketball League after the South Australian...
May 8, 2025
Events /
Sport /
Finance /
Government
Music festivals among diverse array of Northern Territory events to secure funding
Music festivals are among the diverse array of 16 events across the Northern Territory to receive support through Round 2 of the 2024–25 Event Funding Program, administered by...
May 8, 2025
Events /
Culture /
Finance /
Entertainment /
Arts
Wodonga Waterpolo Club among recipients of Victorian Government 'Change Our Game' sport funding
The Wodonga Dolphins Waterpolo Club is among the recipients of Victorian Government grants as part of The Change Our Game Community Activation Grants program, benefitting more...
May 8, 2025
Sport /
Finance /
Aquatics
SA Motorsport Board and GWS Giants among list of creditors of embattled lighting business Vailo
The SA Motorsport Board, the University of Adelaide, the AFL’s GWS Giants, banks and the Australian Taxation Office are among a list of creditors seeking redress from failed...
May 7, 2025
Sport /
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Recreation /
Technology
Hobsons Bay City Council pauses plans for proposed aquatic centre
Hobsons Bay City Council has announced it will pause advocacy efforts for its proposed Western Aquatic and Early Years Centre in Altona Meadows pending a review of the project....
May 7, 2025
Finance /
Recreation /
Aquatics