Georges River Council terminates naming rights agreement with Netstrata for Jubilee Stadium

Georges River Council has announced the termination of its naming rights agreement with Netstrata for Jubilee Stadium.

The move follow the Council’s agreement with Netstrata for the naming rights for the venue having been considered at a meeting this week in response to a resolution of Council on 24th April last year that a report to Council be prepared following investigation into Netstrata’s conduct.

NSW Fair Trading last month released the summary of findings and recommendations from the independent expert report into Netstrata by McGrathNicol to the Commissioner for NSW Fair Trading. The investigation was prompted by public concerns the strata management company was charging excessive fees, while not disclosing conflicts of interest and referral commissions.

After reviewing a sample of 60 strata plans managed by Netstrata, McGrathNicol identified potential breaches by Netstrata of the Strata Schemes Management Act 2015.

Having considered the report, Georges River Council is of the opinion that Netstrata has engaged in conduct which adversely affects or is likely to affect the reputation of the Council or brings the Council into disrepute and made the decision for the venue to now be referred to as Jubilee Stadium until a new naming rights agreement is established.

Georges River Council Mayor Elise Borg advised "after careful consideration, Council has determined that Netstrata has engaged in conduct that could have an adverse impact on our reputation.

"While this partnership has ended under challenging circumstances, we appreciate the support Netstrata has provided over the years. Our focus now is on moving forward and identifying new opportunities that will continue to enhance Jubilee Stadium as a premier venue for sports and entertainment."

Read the release issued by NSW Fair Trading on 26th February 2025. 

Read the summary of findings and recommendations from the independent expert report into the Netstrata Undertaking by McGrathNicol to the Commissioner for NSW Fair Trading.