News: Finance
Community sporting clubs facing financial ruin as revenue streams hit by Coronavirus impact
While Coronavirus restrictions around Australia are being eased, with community sport following elite sport in being able to restart, local sporting clubs and competitions - impacted by…
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Creative New Zealand adds $13 million to initial emergency arts funding
Creative New Zealand has responded to the extraordinary volume of applications for its COVID-19 Emergency Response Package, investing an additional $13 million in its now closed first…
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Seven Network to save $87 million with new AFL broadcast deal
The AFL has announced a revised broadcast rights deal with both the Seven Network and Foxtel, covering the current agreement to 2022, plus an extension of two years for season 2023 and…
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World Tourism Organization provides global resources for industry restart
The United Nations World Tourism Organization (UNWTO) has released a series of resources to help formulate a sector-wide response to the unprecedented challenge of the COVID-19 pandemic.…
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CrossFit Chief Executive ‘retires’ following backlash over comments about George Floyd’s death
With numerous partners and affiliates severing their links with the company, CrossFit Chief Executive Greg Glassman has reportedly stepped down and retired from the exercise regimen he…
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Equestrian Australia enters administration after withdrawal of Sports Australia funding
Peak body Equestrian Australia has been placed in voluntary administration by its board in a bid to avoid insolvency. In what has been described as a "difficult decision”,…
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Mount Lawley Bowling Club one of the beneficiaries of Western Australian Government funding
The Mount Lawley Bowling Club is one of the beneficiaries of the Western Australian Government's $1.75 million funding boost for 27 sport and recreation infrastructure projects…
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