News: Finance
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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Former New Zealand Prime Minister Helen Clark leads opposition to Eden Park’s concert plans
Former New Zealand Prime Minister Helen Clark is among opponents of Eden Park’s plans to stage concerts at a planning hearing that begins on Monday. The 60,000-capacity Auckland…
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Australia’s Paralympic triathlon program to receive AIS funding boost
The Australia’s Paralympic triathlon program is set to receive a funding boost from the Australian Institute of Sport (AIS), following yesterday’s announcement that the AIS…
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Northern Territory tourism operators receive funding to enhance the visitor experience
Over 60 Northern Territory businesses are sharing in $1.5 million Government grants to enhance their visitor offerings. The funding is being delivered through the Territory…
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AIS announces $115 million funding for sports and athletes
The Australian Institute of Sport (AIS) has announced a funding commitment of more than $115 million to Olympic, Paralympic, and Commonwealth Games sports for the 2021/22 financial year.…
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VIC Active highlights more than 80% of fitness centres will operate at a loss under reopening plan
According to industry body VIC Active, more than 80% of fitness centres will be operating at an unsustainable loss under the metro Melbourne reopening plan. From 9th November 9 fitness…
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Queensland’s major parties back redevelopment of Brisbane’s Ballymore ground
The redevelopment of historic Brisbane sports ground Ballymore appears assured with both the incumbent Labor Government and LNP opposition committing funds for the project in the lead up…
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