News: Finance
Gold’s Gym acquired by German owners
US-based Gold’s Gym International, which filed for bankruptcy in May, has been acquired by German fitness and lifestyle brand the RSG Group GmbH. Hit hard by the economic shutdown…
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Without JobKeeper 60% of Australian fitness businesses will close in less than a month
An explosive report from Fitness Australia has revealed that, without the Federal Government's JobKeeper payments or other financial support, 60% of businesses in the exercise industry…
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Thousands back ATIC petition for retention of JobKeeper allowance
The Australian Tourism Industry Council (ATIC) has highlighted a petition of 10,000 people proactively calling for the Federal Government to extend the JobKeeper program’s future to…
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Equestrian Australia avoids liquidation as creditors agree to reform
Troubled national sporting organisation Equestrian Australia has avoided liquidation with creditors having agree to support administrator KordaMentha’s proposal to reform the sport.…
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New Zealand looks to host entire 2020 Rugby Championship and new trans-Tasman competition in 2021
The ability to host sporting events without fan restrictions has prompted SANZAAR to announce that the country is the “favoured option” for hosting the 2020 Rugby Championship…
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Further support announced for Tasmania’s NBL1 clubs
The Tasmanian Government has committed to supporting the state’s sport and recreation sector in their recovery and rebuilding from COVID-19 by extending its basketball school clinics…
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South Australian nature-based tourism destinations to receive funding boost
South Australia’s nature-based tourism sector is to receive a much needed financial boost through both Federal and State Government funding with works starting on the $10 million…
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New Zealand zoos and aquariums welcome government relief for animal conservation and care
The Zoo and Aquarium Association Australasia (ZAA) has welcomed the announcement from New Zealand Conservation Minister Eugenie Sage of almost $15 million in government support to zoos,…
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