News: Finance

Hussey Seating Company announces acquisition of Camatic Seating’s product lines

USA-based seating manufacturer Hussey Seating Company has announced the acquisition of select assets from Victorian-based Camatic Seating which entered administration in April. Based in…

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Jun 19, 2024 Entertainment / Finance / Legal / Sport / Venues /

 
 

Swimming Australia partners with global sports agency SPORTFIVE

Swimming Australia has entered into an exclusive multi-year commercial rights representation agreement with leading global sports agency SPORTFIVE The agreement will see SPORTFIVE deliver…

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Jun 18, 2024 Aquatics / Events / Finance / Marketing / Sport /

 
 

Creditors report reveals Camatic Seating owes $29 million

Melbourne-based seating supplier Camatic Pty Ltd has been revealed to have accrued debts of $29 million prior to its entering voluntary administration in March. The 60-year-old company,…

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Jun 18, 2024 Entertainment / Finance / Legal / Sport / Venues /

 
 

Penrith Beach to receive $2.5 million investment

Penrith Beach in western Sydney is ready to return for the 2024/25 summer swim season following a $2.5million investment from the NSW Government. Safety and accessibility will be top…

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Jun 18, 2024 Aquatics / Finance / Safety /

 
 

Western Australian Government to fund new 50-metre public swimming pool in Kununurra

Continuing its ongoing commitment to funding public aquatic facilities in remote areas, the Western Australian Government has announced that it is to commit $10.6 million in funding to…

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Jun 17, 2024 Aquatics / Finance / Government /

 
 

Tasmanian Infrastructure Grants encourage active participation

The latest round of the Tasmanian Active Infrastructure Grants Program will benefit more than 20 Tasmanian sporting clubs across the state with the large stream seeing more than $4 million…

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Jun 17, 2024 Finance / Golf / Recreation / Sport /

 
 

Queensland Budget allocates $15 million to promote active lifestyles

The 10-year Activate! Queensland 2019-2029 Strategy - delivered through a series of multi-year action plans and aiming to get more Queenslanders moving, more often has received a $15…

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Jun 17, 2024 Finance / Fitness / Sport / Wellness /

 
 

Cross governmental announcement confirms $40 million investment into Sydney’s Leichhardt Oval

The Federal and NSW Governments and venue owner the Inner West Council have today announced a $40 million joint investment into Sydney's Leichhardt Oval. The fund includes $20 million…

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Jun 14, 2024 Finance / Government / Sport / Venues /

 
 

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