News: Finance
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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MKTG Sport + Entertainment Sponsorship Survey now live online
Sports and entertainment marketing and operations business MKTG has announced that their sponsorship survey - the 2021 Frontier survey questionnaire - is now live online, and has been…
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Federal Government agrees to back 50% of Brisbane’s 2032 Olympic Games costs
Australian Prime Minister Scott Morrison has guaranteed that the Federal Government will meet half the cost of Brisbane’s hosting of the 2032 Olympic Games, should the city be…
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Grants offered to support Wollongong’s live music and community events
Wollongong City Council is offering two different grants - Live Music Grant and Community Event Grant - to bring vibrance, excitement and colour to their city through live music and…
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