News: Finance
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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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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