News: Finance
Team New Zealand declines offer to host America’s Cup defence in Auckland
A joint bid by the New Zealand Government and Auckland Council to host the nation’s defence of the America’s Cup has been declined by the Board of Team New Zealand. As a…
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Tennis Australia announces Chief Commercial Officer appointment
Tennis Australia has advised of the appointment of experienced executive Cedric Cornelis as its new Chief Commercial Officer. With more than 20 years of experience across Europe and Asia…
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Queensland budget looks to reduce deficit
The Queensland Government’s budget for 2021/22 has projected a smaller than expected deficit with a focus on health, education and improving business confidence. Anticipating a…
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Kate Palmer says Australian high-performance sports system a broken ‘boys’ club
Kate Palmer, the former Chief Executive of the Australian Sports Commission, has described the nation’s high-performance sports system as a “boys’ club” that…
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NSW Government announces $150 million Centre of Excellence Fund for community sport
The NSW Government has announced a $150 million commitment within its 2021/22 NSW budget to support the development of integrated high-performance sporting facilities and improve talent…
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Stepz Fitness to open two new hybrid model gyms
Australian gym franchise, Stepz Fitness, is opening two new gyms in early July - Stepz Fitness Eastwood and Stepz Fitness Shellharbour - with a hybrid gym concept that integrates…
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Environment groups object to New Zealand Rugby’s oil company sponsorship deal
Environmental groups including Greenpeace are looking to tackle New Zealand Rugby over the sporting body’s reported intention to sign up INEOS, a petroleum giant and, according to…
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Federal Government announces $17 million funding for National Sporting Organisations
Federal Minister for Sport Richard Colbeck has announced that $17.26 million will be distributed to National Sporting Organisations (NSOs) and National Sporting Organisations for People…
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