News: Finance

Coronavirus has multi-billion dollar negative impact on global sport

Sports agency Two Circles has reported that the global sports industry will face a US$61.6 billion drop in revenue this year, with around half of planned sporting events going ahead. The…

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May 1, 2020 Events / Finance / Sport /

 
 

China looks to FIFA World Cup hosting with new football stadia

With ambitions to be a football superpower and to host the FIFA World Cup as early as 2030, China is currently undertaking a multibillion-dollar burst of football stadium construction.…

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May 1, 2020 ByNigel Benton Design / Finance / Sport / Venues /

 
 

Mornington Peninsula Council commits to expanded solar power system for Rosebud Aquatic Centre

Mornington Peninsula Shire Council has committed to expanding the solar power system that will be installed on the rooftop of its new Rosebud Aquatic Centre. The solar energy system for…

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Apr 30, 2020 Aquatics / Design / Environment / Finance / Recreation /

 
 

Former Minister Bridget McKenzie defends role in sports grant allocations

Former Federal Government Minister Bridget McKenzie has broken her silence about the sports grants scandal that ended her frontbench career, defending her actions while conceding more…

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Apr 30, 2020 Finance / Government / Legal / Recreation / Sport /

 
 

Coffs Harbour Council rejects financial assistance request from aquatic facility operator

Almost three years after Coffs Harbour City Council controversially decided to award the tender to manage three public pools to contractor Lane 4 Aquatics, the Council has rejected a…

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Apr 30, 2020 Aquatics / Finance / Recreation /

 
 

Stack Sports partners with calendar communications software business

Stack Sports (SportsTG), a leading provider of digital solutions to national, state, grassroots and professional sporting organisations across Australia, New Zealand and the United Kingdom…

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Apr 30, 2020 Finance / Marketing / Sport / Technology /

 
 

Mount Gambier Council honours sponsorship for cancelled events

With COVID-19 causing the cancellation and postponement of a number of events, South Australia's Mount Gambier Council recently resolved to provide support to community event…

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Apr 30, 2020 Events / Finance /

 
 

Former NSW Minister for Sport intervened in grants program

NSW Government Minister Stuart Ayres is reported to have directly intervened in a sporting grants program run by the NSW Office of Sport, which awarded the bulk of a $33.4 million funding…

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Apr 30, 2020 Finance / Government / Recreation / Sport /

 
 

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