Australasian Leisure Management

News: Finance

Misrepresentation of role of Australian cricket captain Pat Cummins in energy sponsor’s exit from the sport
Australia cricket captain Pat Cummins has highlighted that he was not involved in Cricket Australia major partner Alinta Energy’s decision to end its front of shirt sponsorship...
Jan 27, 2023
Sport /
Marketing /
Finance
Music Victoria to deliver $1 million music events program to boost flood recovery
The Victorian Government’s peak music industry body, Music Victoria will deliver a series of live music events across flood-affected regions to reignite tourism and reunite...
Jan 26, 2023
Events /
Finance /
Entertainment /
Environment /
Arts
More than $26 million to be invested in Queensland community sport and active recreation
The Queensland Government, over the coming months, is investing more than $26 million in community sport and active recreation clubs to encourage more young Queenslanders to...
Jan 26, 2023
Sport /
Finance /
Recreation
BCCI sells five inaugural Women's Premier League franchises for US$572 million
The Board of Control for Cricket in India (BCCI) has secured US$572 million for its five inaugural Women's Premier League (WPL) franchises. In a deal that has been described as...
Jan 24, 2023
Sport /
Finance
Elton John’s farewell concerts on track to set all-time global touring record
Having completed the final Australian dates of his multi-year goodbye tour at Brisbane’s Suncorp Stadium on Saturday night, and now heading to perform three shows in New...
Jan 23, 2023
Finance /
Venues /
Entertainment
Webex Players Series prize pool significantly increases to $1 million
PGA of Australia has advised that every event in the 2023 Webex Players Series will now be worth a minimum of $250,000 following an increase of prize money announced on the eve...
Jan 23, 2023
Events /
Finance /
Golf
Applications for funding from Manurewa Local Board far exceed available budget
Auckland Council’s Manurewa Local Board has advised that applications for grant funding reached almost $200,000 in the latest round – far exceeding the available budget. The...
Jan 23, 2023
Sport /
Finance /
Recreation
Motorsport event cancels despite $450,000 in Tasmanian Government funding
Longford Grand Prix Expo, an event for motorsport enthusiasts backed by $450,000 in Tasmanian Government funding, will not be held next month, with event organiser DX Industries...
Jan 23, 2023
Events /
Finance /
Government
Cost-benefit analysis says proposed Hobart Stadium would deliver $306 million deficit over 20 years
A cost-benefit analysis of the cost of the proposed new stadium at Hobart's Macquarie Point commissioned by the Tasmanian Government has indicated that the venue would generate...
Jan 19, 2023
Finance /
Government /
Venues /
Consultants
$6 million flood recovery package announced for Kimberley tourism
The Western Australian Government has today unveiled a $6 million Tourism Flood Recovery Package to support Kimberley tourism businesses. The funding comes in addition to...
Jan 19, 2023
Tourism /
Finance /
Government /
Environment
Attorney-General warns Queenslanders not to buy tickets from Dinosaur Festival Australia
Queensland Attorney-General and Minister for Justice Shannon Fentiman has urged Queenslanders not to buy tickets or do business with Festival Ignite Pty Ltd, trading as Dinosaur...
Jan 16, 2023
Events /
Legal /
Finance /
Venues /
Ticketing
Tourism Council WA urges travellers to not cancel Kimberley bookings
Tourism Council WA is calling for travellers to retain their bookings for the Kimberley region after reports of tourism operators receiving unnecessary cancellations due to...
Jan 16, 2023
Tourism /
Safety /
Finance /
Environment
Queenslanders offered grants to transform unused and underutilised urban spaces
Queenslanders are being offered funding from the State Government to transform unused and underutilised urban spaces through building community gardens, installing composting...
Jan 16, 2023
Finance /
Recreation /
Government /
Environment /
Parks
90% of Australian employers expect staffing shortages in 2023
A survey commissioned by the Australian Industry Group has found that 90% of chief executives across the Australian economy anticipate staffing shortages this year. The tight...
Jan 15, 2023
Finance /
Government
Cricket NSW calls on NSW Government to build 15,000-seat Newcastle oval
Revealing a range of funding priorities in the leadup to the NSW state election, Cricket NSW has called for backing for 170 local community and five major infrastructure...
Jan 13, 2023
Sport /
Finance /
Recreation /
Government /
Venues
World Aquatics concerned about swimming pool closures and restrictions
Following a series of recent closures and restrictions and restrictions at swimming pools around the world, notably as a result of elevated energy costs, World Aquatics has...
Jan 12, 2023
Events /
Finance /
Aquatics
Australia Council’s latest funding round supports creative projects and cultural activity  
Australia Council’s investment of $9,504,275 will support 225 creative projects and cultural activity to take place across Australia and internationally. The latest round...
Jan 12, 2023
Culture /
Finance /
Arts
Additional funding secures redevelopment of Bunbury’s Hands Oval
The redevelopment of Bunbury’s Hands Oval Pavilion has been given a boost with an additional $3 million investment by the Western Australian Government, increasing the total...
Jan 12, 2023
Sport /
Finance /
Venues
Strategic Membership Solutions highlights the Association Trends to watch in 2023
Strategic Membership Solutions (SMS), an organisation providing strategic planning, sponsorship, and membership support for associations, have highlighted the Association trends...
Jan 11, 2023
Events /
Marketing /
Finance /
Venues /
Billing
Cricket Australia looks to attract private equity investment
In a move that would fundamentally change the game’s finances, Cricket Australia is reported to be exploring securing private equity investment. In the wake of having secured a...
Jan 10, 2023
Sport /
Finance
Football Australia announces record financial and sporting sanctions against Melbourne Victory
Finding that Melbourne Victory “brought the game into disrepute following the unacceptable actions” of its supporters during the A-League match on Saturday 17th December,...
Jan 9, 2023
Sport /
Safety /
Finance /
Venues
Funding to fast-track tours of visual arts, music, theatre and dance productions in 2023 across Queensland
The Queensland Government is investing $1.165 million to support tours of visual arts, music, theatre and dance productions in 2023, along with full-time industry placements....
Jan 8, 2023
Culture /
Finance /
Entertainment /
Arts
Prime Minister Anthony Albanese sceptical about Federal Government backing for proposed Hobart Stadium
Australian Prime Minister Anthony Albanese has raised questions over whether the Federal Government will contribute funds for the proposed AFL stadium in Hobart. With the AFL...
Jan 5, 2023
Sport /
Finance /
Government /
Venues
Innovative arts projects in Western Australia secure significant funding boost
Innovative arts projects in Western Australia including artforms ranging from cabaret to visual arts have shared in more than $650,000 in State Government funding. The State...
Jan 5, 2023
Finance /
Government /
Arts