News: Finance
International Paralympic Committee advises of 26.7% revenue fall from Tokyo Games
The International Paralympic Committee (IPC) has advised that its year-on-year revenue fell by 26.7% to US$22.4 million for the 2020 financial period as a direct result of the postponement…
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What is driving the financial success of F45, Body Fit Training and Fitstop?
Seemingly unaffected by the COVID-19 related lockdowns and restrictions, recent months have seen Australian founded fitness brands F45, Body Fit Training and Fitstop attract unprecedented…
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Water Safety New Zealand invest $2 million in community drowning prevention programmes
Water Safety New Zealand (WSNZ) has announced the recipients of its 2021/22 annual contestable funding round, investing over $2 million in community drowning prevention programmes.…
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All Viva Leisure locations now open
After a four month period during which many of its locations were closed, Viva Leisure has advised that, following the reopening of fitness clubs in Victoria last week, all of its sites…
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Central Coast site set to be developed as new type of tourism precinct
The owners of a 120 hectare parcel of land on the NSW Central Coast that encompasses the former Old Sydney Town attraction have lodged plans to transform the site into Australia's…
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Red CentreNATS event generated $7.25 million for the Northern Territory
Northern Territory Major Events has advised independent research reveals this year’s instalment of Red CentreNATS generated a total expenditure stimulus of $7.25 million in the…
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Greg Norman to head up new $200 million Saudi-backed Asian golf series
Legendary Australian golfer Greg Norman, has been named Chief Executive of a newly formed, Saudi Arabian backed company - LIV Golf Investments - a move which will set in motion a…
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New owners for Supercars as races resume
Australia’s Supercars motor racing series has a new majority shareholder with Racing Australia Consolidated Enterprises (RACE) purchasing private equity firm Archer Capital’s…
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