Australasian Leisure Management

News: Finance

Rugby League Commission confirms entry of Perth-based club into NRL competition
The Western Australian Government and the Australian Rugby League Commission (ARLC) have today announced their agreement for a Perth-based club to join the NRL Premiership...
May 7, 2025
Sport /
Finance /
Government /
Venues
James Johnson announces resignation from Chief Executive position at Football Australia
Football Australia has today advised that its Chief Executive James Johnson has resigned from his role after five and a half years. Johnson’s departure comes at a challenging...
May 7, 2025
Sport /
Finance
Fluidra acquires SaaS platform Pooltrackr
Fluidra, the leading equipment and connected solutions provider for the pool and wellness industry, has acquired 100% of the shares of Software-as-a-Service (SaaS) company...
May 7, 2025
Finance /
Technology /
Aquatics
MyVenue announces strategic and investment partnership with Greater Sum Ventures
Adelaide-based event venue point-of-sale (POS) leader MyVenue has announced that it has secured a partnership and majority investment by family office and growth equity firm,...
May 7, 2025
Sport /
Finance /
Technology
Tasmanian Government abandons public-private partnership looking for loans to build new Hobart Stadium
The Tasmanian Government has announced that it has ruled out private sector partnerships to build the new Hobart Stadium, instead choosing a ‘design and construct’ model funded...
May 6, 2025
Sport /
Finance /
Venues
Striking Brands fully re-acquires 9Round following Lift Brands sale of minority share
The full ownership of kickboxing fitness concept, 9Round, is now back under the umbrella of Striking Brands following Lift Brands having sold its minority share (40%) in the...
May 5, 2025
Finance /
Retail /
Fitness
NSW Government boosts Women's Football Legacy
The NSW Government is committing an additional $400,000 to the NSW Football Legacy Program - a key outcome of the state government's women's sport strategy, 'Play Her Way',...
May 5, 2025
Events /
Sport /
Education /
Finance
Reduced venue hire fee aims to incentivise addition of Australian talent to international musical touring acts
The NSW Government is incentivising some of the biggest international musical touring acts to add an Australian support act to their bill when they perform at NSW’s largest...
May 4, 2025
Events /
Finance /
Venues /
Entertainment
Northern Territory Government investment aims for significant impact on Aboriginal cricket participation
The Northern Territory Government is supporting Aboriginal participation in sport programs with funding of $2 million over four years from 2025-26. The investment aims to ensure...
May 4, 2025
Sport /
Finance /
Government
USA-based sport investor agrees to acquire majority stake in A-League’s Western United
KAM Melbourne, a subsidiary of USA-based KAM Sports, has today announced its agreement to acquire a controlling stake in Western United Football Club and its parent company...
May 1, 2025
Sport /
Finance /
Venues
FIFA apply recruitment ban to A-League’s Western Untied over 'various infractions'
A-League side Western United will be unable to register any players in the next three transfer windows after world football governing body FIFA imposed a ban on the club....
Apr 30, 2025
Sport /
Legal /
Finance
ARIA and PPCA appoint Nick Esmore to newly created role of Finance Director  
The Phonographic Performance Company of Australia (PPCA) and the Australian Recording Industry Association (ARIA) have appointed Nick Esmore to the newly created role of Finance...
Apr 30, 2025
Culture /
Finance /
Venues /
Entertainment /
Arts
Record crowds drive third successive surplus for Netball Australia
Record crowds and rising broadcast audiences have helped drive Netball Australia to its third consecutive operating surplus. Netball Australia’s full year financial results for...
Apr 30, 2025
Sport /
Finance /
Recreation
Change of scope for Willoughby Leisure Centre refurbishment sees budget rise by $26 million
The latest example of delays and cost increases for an aquatic centre redevelopment in metropolitan Sydney has seen Willoughby City Council announce a 61% increase in its budget...
Apr 30, 2025
Finance /
Aquatics /
Research
NRL fans at Suncorp Stadium able to support flood affected western Queensland farmers
A sellout crowd is expected at Suncorp Stadium this weekend to cheer on their favourite teams in the NRL Magic Round, with fans able to support flood affected western Queensland...
Apr 29, 2025
Events /
Sport /
Finance /
Environment
Independent inquiry to be launched into future of ACT club industry
Across Australia’s eastern states, clubs and pubs are increasingly shunning poker machines mostly in response to the growing anger across the nation about the impact of...
Apr 29, 2025
Safety /
Finance /
Venues /
Entertainment
Belgravia Leisure welcomes Liberal election pledge to fund Yarrambat Park Golf Course upgrades
Belgravia Leisure has welcomed a Federal election announcement from the Liberal candidate for McEwan, Jason McClintock to commit $400,000 to improvements at the Yarrambat Park...
Apr 29, 2025
Finance /
Government /
Golf
GoCardless research reveals that dishonour fees erode gym member loyalty
New research has revealed that fitness facilities across Australia are losing members to ‘dishonour fees’ charged by their payment providers. The research from bank payment...
Apr 28, 2025
Marketing /
Finance /
Billing /
Fitness
Restaurant and Catering Association supports use of surcharges within hospitality sector
With complaints rising among Australians regarding the cost of coffee, particularly during long weekends and on public holidays, the Restaurant and Catering Association (R&CA)...
Apr 28, 2025
Tourism /
Hospitality /
Finance
Football Australia releases plea for funding from Governments
For the first time, Australian football’s governing bodies have united to make a collective pitch to Federal, state and territory governments for more than $3 billion in funding...
Apr 25, 2025
Sport /
Finance /
Recreation /
Government
Founder of LED lighting business Vailo declared bankrupt
James Hickmann, founder of South Australian-based LED lighting and technology company Vailo, has been declared bankrupt by the Federal Circuit Court in Adelaide after failing to...
Apr 24, 2025
Sport /
Legal /
Finance /
Venues /
Technology
Melbourne gym owner slams dishonour fees charged by payment service providers
Jonathan Quieros, owner of Melbourne’s Dukes Gym, has slammed dishonour fees of up to $35 per failed transaction being charged by payment service providers. Speaking to Yahoo...
Apr 24, 2025
Finance /
Billing /
Fitness
Macarthur FC takes Court action against Football Australia over consumer law breach
Macarthur FC is reported to have filed documents in the Federal Court claiming that Football Australia breached consumer law and adopted unfair tactics when club owners applied...
Apr 24, 2025
Sport /
Legal /
Finance
Perth expansion bid gets approval to enter NRL
The Australian Rugby League Commission (ARLC) has agreed in principle to a revised proposal from the Western Australia Government for a Perth-based NRL team. In a significant...
Apr 24, 2025
Sport /
Finance /
Government