News: Finance
Huawei ends Canberra Raiders sponsorship citing Australia’s ‘negative’ attitude to Chinese companies
Chinese communications company Huawei has ended its major sponsorship deal with NRL team the Canberra Raiders, citing the Federal Government's 5G ban on the company’s equipment…
read moreThailand faces tourism industry risk
Facing a dramatic downturn in overseas visitor arrivals due to Coronavirus restrictions, the Bank of Thailand has warned that the nation's tourism industry will face greater risks next…
read moreFitness and Lifestyle Group advises of redundancies amid restructure
Impacted by facility closures and restrictions during the Coronavirus crisis but also moving to consolidate its operations across its various brands, the Fitness and Lifestyle Group has…
read moreRugby Australia restructure looks to achieve $15 million in savings
Rugby Australia has today announced another stage in its operational restructure aiming to reduce $15 million in operating costs from Australian Rugby over the coming months. Rugby…
read more$11.3 million funding boost announced for Far North Queensland tourism
The Queensland Government has announced an $11.3 million package to boost Far North Queensland tourism as part of the government’s economic strategy to assist businesses in their…
read moreVictorian Government to fund delivery for ‘Home of the Matildas’ at La Trobe University
The Victorian Government has today advised of its commitment to fund the next step towards the establishment of a facility for elite women's football - the Home of the Matildas - at…
read moreVillage Roadshow commits to theme ride regeneration despite impact of Coronavirus losses
Village Roadshow latest full year results show that the cinema and theme park operator has been hit hard by COVID-19 with it reporting a net loss of $117.4 million for the 2019/20…
read moreReporting massive losses Ardent Leisure expresses confidence in Dreamworld’s future
While reporting a massive $136.6 million loss for the 2019/20 financial year, Ardent Leisure is confident that demand for Gold Coast’s theme parks will be “stronger than…
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