News: Finance
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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AIS announces funding boost for Olympic and Paralympic sports
Aligned with prioritising the delivery of sustainable success at multi-sport pinnacle events, the Australian Institute of Sport (AIS) has announced a boost in high performance funding for…
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Federal Government to provide $233 million backing for tourism in national parks
In a move to help the struggling tourism sector recover from the impacts of Coronavirus, the Federal Government will spend $233 million on tourism and infrastructure projects across five…
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Victoria Tourism Industry Council welcomes business support package for ‘battered’ tourism industry
The Victoria Tourism Industry Council (VTIC) has welcomed the $534 million business support package announced yesterday by the Victorian Government, saying that it will be “a…
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