News: Finance
New report suggests women’s sport delivers better sponsorship outcomes
A newly released report from True North Research suggests that women’s sports teams deliver better outcomes for sponsors than men’s teams. Evaluating data from interviews with…
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Goulburn Council lends financial supports for sporting and musical events
Goulburn Mulwaree Council is supporting a number of events with both financial and in-kind assistance under its Event Development Funding Policy. There are two streams of funding…
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NSW Government extends strategic partnership with Minerva Network for women in sport program
The NSW Government has agreed to extend its partnership with the Minerva Network enabling the Minerva Network to continue to work closely with the Office of Sport on opportunities with the…
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COVID impact sees Rugby Australia reveal $27.1 million loss for 2020
Rugby Australia’s financial results for 2020 show that it recorded a net deficit of $27.1 million due to the COVID-19 pandemic, with the governing body losing so much money it even…
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Hollywood star Mark Wahlberg joins Power Plate as key stakeholder and brand ambassador
Leading whole body vibration training equipment and programming company Power Plate has announced that Hollywood star Mark Wahlberg has officially joined the company as both an investor in…
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New Zealand Rugby approves investment by US private equity firm Silver Lake
New Zealand Rugby has today approved a historic external investment, with a 12.5% stake set to be sold to US private equity firm Silver Lake for $387.5 million ($282 million). The equity…
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Collective Wellness Group buys XTEND Barre brand rights to drive Australian growth
Leading health and fitness franchise management company, Collective Wellness Group (CWG) has acquired the rights to further develop and control the XTEND Barre brand in Australia and New…
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New funding for Northern Territory tourism businesses to attract workers
The Northern Territory Government is launching $2 million in support funding to attract workers to the Top End for the upcoming dry season. The Critical Worker Support Package can be used…
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