News: Finance
Aktive advises over $4.2 million of Sport NZ’s community resilience fund allocated across Auckland
Aktive have announced that 548 play, active recreation and sport organisations across Auckland have received a total of $4,236,590 in funding from Sport NZ’s $15 million Community…
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Funding certainty sees Shooting Australia to unveil new developments
Shooting Australia will initiate a range of new developments to its high performance program through to the 2024 Paris Olympic and Paralympic Games following confirmation of funding from…
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VIC Active questions State Government’s motives for imposing continued restrictions on Victoria’s fitness industry
By continuing to impose severe operating limitations for the fitness industry in Victoria, industry body VIC Active are “drawing the conclusion” that the state government wants…
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NSW Budget set to back upgrades to Sydney’s suburban stadiums
The NSW Government’s 2020/21 Budget is expected to include funding for planning work on suburban stadiums across Sydney although money will not be allocated to specific projects. As…
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ASTN and sport investment vehicle Varcis to deliver innovation commercialisation programs targeted at Asia
Asian sport technology investment vehicle Varcis and the Victorian-based Australian Sports Technologies Network (ASTN) have partnered to deliver a series of Sports Pre-Accelerator and…
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South Australian Government ends interest in Adelaide hosting 2026 Commonwealth Games
The possibility of Adelaide hosting the 2026 Commonwealth Games has ended after the South Australia Premier Steven Marshall revealed he is not interested in the opportunity. Ben Houston,…
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Federal Government backs Australian Rugby World Cup hosting bid with further $8.8 million funding
The Federal Government is to commit an extra $8.8 million to help Australia secure the right to host the 2027 Rugby World Cup. Justifying the expense, Federal Tourism Minister Simon…
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Cricket Australia announces $45 million deficit amid prospect of further revenue loss
Cricket Australia’s financial results for the full year ending 30th June have revealed a net deficit of $45.9 million. The latest major Australian sport to have revealed significant…
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