News: Finance
National Olympic Committees to benefit from US$11.7 million of Tokyo 2020 funding to cover Coronavirus costs
The Association of National Olympic Committees (ANOC) is to make US$11.7 million of funding available to National Olympic Committees to assist with the financial impact of the Coronavirus…
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Adelaide concert promoter Phil Rankine charged with 20 counts of theft
Former Adelaide-based concert promoter Phil Rankine has been arrested and charged with 20 counts of theft worth more than $5 million. Rankine brought acts such as Florence + The Machine,…
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Live Performance Australia’s $345 million plan to restart and rebuild the entertainment industry
Live Performance Australia (LPA) has developed a $345 million plan to help the live performance industry restart, rebuild and reopen for audiences following the COVID-19 shutdown. The…
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Council halts funding for Gold Coast Show
Gold Coast City Council has withdrawn its support from the Gold Coast Show - which had announced plans at the end of last month to move the annual event - traditionally held at…
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Rugby Australia announces massive cut in staff numbers
In a move to stave off insolvency, Rugby Australia has announced that it is to cut 47 of its full-time staff - representing more than 40% of its employees. Citing ongoing financial…
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Northern Territory Government rules out hosting of Alice Springs Masters and Arafura Games for two years
The Northern Territory has ruled out staging the Alice Springs Masters and Arafura Games in 2020 and 2021 respectively due to continued uncertainty around Coronavirus travel bans and…
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Reopening of cultural institutions coincides with Australian Government considering support for arts and entertainment sector
Today’s reopening of the National Museum of Australia and the National Gallery of Australia in Canberra, more than two months after their closure amid concern over COVID-19, has…
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Queensland opens up intrastate travel but borders to stay closed
The Queensland Government has announced an easing of its Coronavirus restrictions to allow Queenslanders to travel to most places in the state. However, the easing of restrictions does…
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