News: Finance
FIFA commences distribution of $165 million to member associations
World football governing body FIFA has commenced the distribution of US$165 million across its 211 member associations. The operational funding for 2019 and 2020 will be paid to 211…
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Queensland’s Chief Scientist and Museum Chief Executive jailed after fraud conviction
Professor Suzanne Miller, former Chief Scientist and Chief Executive of the Queensland Museum, has been convicted of fraud and sentenced to three years imprisonment, to be suspended after…
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Fitness Australia report shows massive impact of Coronavirus closures on the industry
An analysis of how the fitness industry has been impacted by the Coronavirus crisis, undertaken by Fitness Australia, has found that among clubs and studios less than 10% of staff still…
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Cricket Victoria restructures in response to challenges arising from COVID-19
Cricket Victoria has implemented a significant reshaping of the organisation in response to the challenges arising from the Coronavirus pandemic. These changes are driven primarily by the…
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Royal Life Saving makes the case for the reopening of Australia’s aquatic centres and swim schools
In response to inquiries about when aquatic centres and swim schools might be allowed to re-open as Coronavirus restrictions ease, Royal Life Saving Society - Australia has release a case…
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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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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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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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