News: Finance
G'Day Group buys four Northern Australia caravan parks for $75 million
With caravanning booming amid pandemic restrictions, the Adelaide-based G'Day Group has been revealed to have purchased three holiday parks in the Northern Territory and a...
Oct 3, 2021
Tourism /
Finance /
Recreation
City of Newcastle agrees to back Newcastle Art Gallery expansion with further funding
City of Newcastle Councillors have agreed a shared commitment to the Newcastle Art Gallery expansion project with the Newcastle Art Gallery Foundation. Agreeing a Memorandum of...
Oct 3, 2021
Tourism /
Finance /
Attractions /
Arts
New IBISWorld study shows significant revenue decline for Australian gyms and fitness centres
IBISWorld's latest analysis of Australian gyms and fitness centres has confirmed that the global COVID-19 pandemic is significantly impacting industry revenue. Its Weighed Down...
Oct 1, 2021
Marketing /
Finance /
Fitness
Supreme Court hears details of former Surf Life Saving NSW executive’s $1.8 million fraud
Details of a series of frauds undertaken by sporting executive Matthew Hanks while he was General Manager at Surf Life Saving NSW prior to his arrest in 2019 have been detailed...
Oct 1, 2021
Sport /
Safety /
Legal /
Finance /
Aquatics
Business Events Council of Australia critical of Government plans to shutdown COVID Disaster Payments
The Business Events Council of Australia is concerned and disappointed with the Australian Government’s announcement to withdraw COVID-19 Disaster Payments in line with...
Sep 30, 2021
Events /
Finance /
Government /
Venues
Boutique Boxing Concept to launch in Australia
Boutique Fitness Studios has announced that Rumble, a boutique boxing concept founded in New York City in 2017, will launch in Australia with the first 10 studio locations...
Sep 30, 2021
Finance /
Fitness
Survey shows New Zealand’s sport clubs are surviving while female inclusion still a work in progress
Despite the impact of Coronavirus, New Zealand’s sport clubs appear to be in a surprisingly strong position financially according to the latest National Sport Club Survey...
Sep 30, 2021
Sport /
Finance /
Recreation
First 16 months of Coronavirus pandemic removes $101 billion from Australian tourism
Australia’s tourism industry has seen more than $101 billion wiped from its balance sheet between the start of the Coronavirus pandemic in March 2020 up until 30th June this...
Sep 30, 2021
Tourism /
Safety /
Finance
Coles supports Little Athletics with $2 million in grants
More than 100 Little Athletics centres across Australia have received grants from Coles to fund vital sports equipment like hurdles, high jumps, discus and shotputs. The latest...
Sep 29, 2021
Sport /
Finance /
Retail
New Director and permanent Chairman appointed to deliver Christchurch stadium project
Christchurch City Council has this week confirmed a new permanent Chair and Director to the board of the company overseeing work on the city’s $523 million Canterbury Multi-Use...
Sep 29, 2021
Sport /
Finance /
Venues
Merlin Entertainments 'confident' about future despite US$878 million loss in 2020
Global attractions operator Merlin Entertainments has said it is “confident” about the future despite a pre-tax loss of US$878 million loss in the year the pandemic struck....
Sep 28, 2021
Tourism /
Finance /
Attractions /
Zoos
Victorian Government provides further backing for local sports clubs and leagues
The Victorian Government has announced new support for thousands of sports clubs, leagues and associations affected by public health restrictions to curb the spread of the...
Sep 28, 2021
Sport /
Finance /
Recreation /
Government
Figures show success of AFL’s Perth Grand Final
Saturday’s staging of the code’s Grand Final is reported to have generated up to $40 million in income from ticket sales, corporate hospitality and catering revenue. A record...
Sep 28, 2021
Sport /
Finance /
Venues /
Retail /
Ticketing
CoinSpot extends partnership with Western Bulldogs in a multi-year deal
The AFL’s Western Bulldogs have signed a two-year partnership extension with Australia’s largest cryptocurrency exchange, CoinSpot. The new deal not only sees CoinSpot continue...
Sep 28, 2021
Events /
Sport /
Marketing /
Finance
Queensland tourism industry to benefit from $70 million in joint Federal state grants package
The Federal and Queensland Governments have reached agreement to further target $70 million from the State and Federal Governments’ $600 million support package to boost support...
Sep 27, 2021
Tourism /
Finance /
Attractions /
Government
Financial losses and staff shortages significantly jeopardise the New Zealand Events industry
The latest survey from the NZ Event Associations on the continued impact of COVID-19 shows the New Zealand Event Sector is likely experiencing the greatest consequences of any...
Sep 27, 2021
Events /
Sport /
Finance /
Venues /
Entertainment
City of Perth commits $25 million to WACA redevelopment but won’t fund pool operations
City of Perth Councillors have voted to rejoin the project for the redevelopment of Perth’s WACA ground, voting to contribute $25 million towards the $100 million redevelopment...
Sep 27, 2021
Sport /
Finance /
Government /
Venues /
Aquatics
Arts Minister cites $10 billion in Federal Government pandemic support for the creative sector
Federal Minister for Communications, Cities and the Arts, Paul Fletcher has today released information citing that Australia’s creative and cultural sectors have benefitted...
Sep 24, 2021
Culture /
Finance /
Government /
Arts
NSW communities to benefit from improved cultural infrastructure
The NSW Government’s Creative Capital program aims to benefit communities through its delivery of $60 million towards new and improved cultural infrastructure. Applications for...
Sep 23, 2021
Culture /
Finance /
Government /
Venues /
Arts
Venue uncertainty for Central Coast Mariners as Western United announce start date for stadium construction
The Central Coast Mariners have today advised that there is no certainty that it will play its 2021/22 A-League home fixtures at the Central Coast Stadium, the news following...
Sep 23, 2021
Sport /
Finance /
Venues
FRITS panel to explain how Virtual Classes can generate income for clubs
The Virtual Fitness and Recreation Industry Technology Summit (FRITS) this week brings an expert panel together for a free webinar to explain how clubs and facilities can make...
Sep 22, 2021
Marketing /
Education /
Finance /
Technology /
Fitness
Royal Life Saving announces new partnership program for swim schools
With droughts, fires and COVID-19 have impacted the swim school sector over the past few years, resulting in loss in income, staffing and financial support, Royal Life Saving...
Sep 22, 2021
Safety /
Education /
Finance /
Aquatics
ASF report says community sports clubs facing uncertain future and financial strife
A newly released survey of Australia's 70,000 community sport clubs has found almost all have lost money with thousands facing the risk of going under as a result of the...
Sep 21, 2021
Sport /
Finance /
Recreation
MKTG announced as official commercial partner for FIBA Women's Basketball World Cup 2022
MKTG Sports + Entertainment and the FIBA Women's Basketball World Cup 2022 Local Organising Committee have entered into a partnership that will see MKTG support, identify and...
Sep 21, 2021
Events /
Sport /
Marketing /
Finance