News: Finance
Matthew Hanks to serve minimum 19 month prison term for Surf Life Saving NSW fraud
Former Surf Life Saving NSW General Manager Matthew Hanks has been sentenced to a minimum 19 month jail term for defrauding the organisation over an eight year period. Hanks,...
Feb 18, 2022
Safety /
Legal /
Finance /
Aquatics
Victorian Government announces new finance course for women in sport
Women eager to progress their careers in sports management are set to benefit from a new Victorian Government pilot program, strengthening finance and investment knowledge for...
Feb 18, 2022
Sport /
Education /
Finance /
Government
Dubai-based GymNation fitness club group sold to UK’s JD Sports Gyms
GymNation, the United Arab Emirates’ largest fitness club group, has been sold to UK-based JD Sports Gyms, part of the FTSE 100 giant JD Sports. Founded in 2018, GymNation has...
Feb 17, 2022
Finance /
Fitness
Australian Institute of Health and Welfare releases proposed national sports injury data strategy
According to a new consultation paper from the Australian Institute of Health and Welfare (AIHW), better data on sports injuries could lead to improvements in injury prevention...
Feb 17, 2022
Sport /
Finance /
Wellness
Cricket Australia reveals Lachlan Henderson as new Chair
Cricket Australia has announced the appointment of its third Chair in past six months, with Lachlan Henderson replacing interim postholder Richard Freudenstein. Henderson will...
Feb 17, 2022
Sport /
Finance
New Zealand Rugby agrees All Blacks investment from US private equity firm Silver Lake
New Zealand Rugby has advised that it has secured a lucrative investment from US private equity firm Silver Lake - worth $200 million - after obtaining agreement from the New...
Feb 17, 2022
Sport /
Finance
‘On The Road’ initiative helps to fill Melbourne streets with music
The latest round of the Victorian Government’s Music Works funding program will provide 77 music projects involving close to 7,000 music industry professionals with grants...
Feb 16, 2022
Events /
Finance /
Venues /
Entertainment /
Arts
Powerhouse Parramatta welcomes $5 million investment by Vitocco family
Powerhouse Parramatta has announced a $5 million investment in their future by the South Western Sydney Vitocco family with the significant philanthropic commitment aimed at...
Feb 16, 2022
Education /
Culture /
Finance /
Venues /
Arts
Westpac announces new partnership with Queensland Rugby Union
Westpac has today announced a new partnership with Queensland Rugby Union which will see the bank become the front of jersey partner of the Queensland Reds and Reds Super W...
Feb 16, 2022
Sport /
Finance
Pressure grows on Woodside Energy’s arts sponsorships
Oil and gas company Woodside Petroleum’s sponsorship of arts events is being scrutinised by environmental activists, who have question its links with Western Australian Youth...
Feb 16, 2022
Sport /
Finance /
Entertainment /
Arts
AFL reveals that COVID safe measures cost $76 million
The Australian Football League (AFL) has revealed a doubling of its operating loss for the 2020/21 financial year to $43 million - an increase driven by having to spend $76...
Feb 16, 2022
Sport /
Safety /
Finance /
Venues
TeamUp to host free online coaching session for fitness business owners to help with growth
TeamUp - a supplier of gym management software - is hosting a free online event ‘Unlock Your Business Potential Coaching Session’ on 18th February, led by TeamUp’s Tim Green and...
Feb 15, 2022
Events /
Education /
Finance /
Fitness
The P.A. People acquires venue engineering experts TheatreQuip
To expand its presence in the venue engineering space, The P.A. People has announced that it has acquired Sydney based business, TheatreQuip. TheatreQuip, which can trace its...
Feb 15, 2022
Finance /
Venues /
Technology /
Entertainment /
Environment
PMY Group announces chief executive appointment for investment company PMY Capital
PMY Group has today announced that leading investment funds management executive, Costa Alexiou, has been appointed Chief Executive of its investment company, PMY Capital. PMY...
Feb 15, 2022
Sport /
Finance /
Venues /
Entertainment
F45 loses legal battle with Body Fit Training over workout patents
A four year legal battle between F45 and Body Fit Training in the Federal Court of Australia has been concluded today with a ruling in favour of BFT. The legal action, in which...
Feb 15, 2022
Legal /
Finance /
Technology /
Fitness
Touch Football Australia and DoorDash partner to launch $100,000 funding program
Touch Football Australia and on-demand delivery platform, DoorDash, have partnered to launch a $100,000 grant-based funding program, allowing clubs across Australia to apply for...
Feb 14, 2022
Sport /
Finance
Sydney Showground celebrates RAS bicentenary by offering incentives for new clients to run events
In celebration of the bicentenary of the Royal Agricultural Society of NSW (RAS), Sydney Showground has a goal to connect events with regional and rural New South Wales this...
Feb 14, 2022
Events /
Finance /
Attractions /
Venues
VicHealth launches JumpStart initiative to fund grassroots projects for young people across Victoria
Health promotion foundation VicHealth has today launched JumpStart! – an initiative to fund hundreds of grassroots projects across Victoria empowering community organisations to...
Feb 14, 2022
Culture /
Finance /
Recreation /
Wellness /
Play
Visits to Western Australian aquatic facilities delivered $275 million in economic benefits in 2022/21
A newly released report from Royal Life Saving Society WA, in conjunction with LIWA Aquatics, shows that public aquatic facilities in Western Australia recorded 10.4 million...
Feb 14, 2022
Safety /
Finance /
Recreation /
Aquatics
Summit to deliver what fitness business owners need
The upcoming virtual edition of the Fitness and Recreation Industry Technology Summit is set to feature global industry experts delivering keynote sessions to inform and...
Feb 14, 2022
Marketing /
Finance /
Recreation /
Technology /
Fitness
Star casino to pay $13 million following admission of underpaying staff
Star Entertainment Group - one of Australia’s largest gambling and entertainment operators – has admitted to underpaying its staff with up to 2200 employees denied about $13...
Feb 14, 2022
Tourism /
Hospitality /
Finance /
Venues
Western Australian events industry to share in $77 million support package
Event organisers in Western Australia are set to share in funding to cover the costs of lost revenue due to the ongoing COVID restrictions and border closure. The Western...
Feb 11, 2022
Events /
Finance /
Government /
Venues /
Entertainment
Gerard Lighting Group to sell Pierlite business to world lighting leader Signify
Gerard Lighting Group (GLG) has signed an agreement to sell its market-leading Pierlite business to Signify N.V (Signify), a global leader in lighting and technology solutions....
Feb 11, 2022
Finance /
Venues /
Technology
Skills Active celebrates winners of its 2021 Small Business and Volunteer Scholarships
Skills Active has announced Eric Schusser at Snow Farm as the recipient of the Volunteer Development Scholarship, with the Small Business Scholarship awarded to Flyers Swim...
Feb 9, 2022
Education /
Finance /
Recreation /
Aquatics /
Fitness