News: Finance
Tamworth Council approves $30 million loan for new aquatic centre
A report for the proposed $45 million Tamworth Regional Aquatics Centre went before Tamworth Regional Council at Tuesday’s Ordinary Meeting during which Councillors voted unanimously…
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Viva Leisure reports 15.9% growth in annual income
Leading health club group Viva Leisure has reported that its income in the 2023/24 financial year increased by 15.9% to $163.6 million, with EBITDA increasing 21% to $35.4 million for…
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Canberra event manager guilty of stealing $70,000 to feed gambling addiction
Canberra event manager Luke Lowes has been sentenced to 200 hours of community service after being found guilty of stealing over $70,000 from his employed to fuel a gambling addiction.…
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Hockey Masters Challenge among Cairns events to receive funding
Cairns Regional Council’s Major Event Sponsorship program is supporting activities and events that will generate economic activity through attracting out-of-region visitors. Council…
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Technology entrepreneur Mark Arena announced as new Perth Wildcats majority owner
Western Australian businessman Mark Arena has been revealed as the new majority owner of the NBL’s Perth Wildcats. Arena, who resides in Perth after an international career in…
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Surf Lakes secures debt financing partnership to develop Yeppoon wave resort
Gatehouse Hospitality’s capital financing division has been appointed to assist in facilitating a debt partner for the Surf Lakes Capricorn Coast attraction. Gatehouse’s…
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City of Fremantle suggests government subsidy for live music venues
The City of Fremantle has highlighted the ongoing challenges and opportunities within the Australian live music industry in its delivery of a list of priorities at a federal parliamentary…
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Sydney-founded fitness technology platform Hapana raises $17million
Sydney-founded fitness technology platform, Hapana - that manages member accounts at more than 900 clubs globally - has raised $17.3 million in a funding round led by OIF Ventures and…
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