News: Finance
Gemba launches program for high-potential sport and entertainment industry start-ups
Leading sport and entertainment consultancy Gemba has unveiled its new sports start-up initiative Tenka, which aims to support high-potential ventures within the sports and entertainment…
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Prime Minister Morrison denies misleading Parliament over involvement in sports rorts
Australian Prime Minister Scott Morrison has denied he misled Parliament regarding his role in the pre 2019 election allocation of grants from the Community Sport Infrastructure Grant…
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Live Nation says no return to ‘full scale’ concerts until 2021 as it looks to drive-in events
With the spread of Coronavirus have stopped live shows across the world, international entertainment giant Live Nation has advised that it is not planning to resume concerts at “full…
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Coronavirus and financial losses push New Zealand Rugby to lay off half its staff
Having announced a $7.5 million loss for 2019 and forecast a $120 million decline in revenue for the current financial year at its AGM at the end of April, New Zealand Rugby has reportedly…
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Prime Minister Morrison’s authority was sought in tainted sports grants program
The office of the Australian Prime Minister asked former Federal Sports Minister Bridget McKenzie to seek Scott Morrison’s “authority” for intended recipients of $100…
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Mayfair 101 appoints new chief executive for under scrutiny Dunk Island rejuvenation project
The Mayfair 101 Group has appointed former Hamilton Island General Manager Ciaran Handy as Chief Executive of Mayfair Tourism, a role where he will be responsible for the development of…
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Gold’s Gym files for bankruptcy protection in the USA
US-based fitness group Gold’s Gym, made famous by Arnold Schwarzenegger's 1977 bodybuilding documentary Pumping Iron, has declared bankruptcy, impacted by the economic toll of…
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Tasmanian Government announces sport and recreation organisations benefiting from support package
As part of its ongoing efforts to address the challenges resulting from the Coronavirus pandemic, the Tasmania Government has announced the sport and recreation organisations that will…
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