News: Finance
ATIC supports $130 billion JobKeeper package
The Australian Tourism Industry Council (ATIC) has strongly backed the Federal Government’s $130 billion JobKeeper package. ATIC represents thousands of local tourism enterprises…
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Australian Government launches $130 billion ‘JobKeeper’ wage subsidy
In response to the significant economic and social impact from the coronavirus, the Australian Government has launched the ‘JobKeeper’ scheme - a $130 billion initiative which…
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Rugby Australia reveals $9.4 million loss at AGM
Battling the impact of Coronavirus and still recovering from the settlement paid to the Israel Folau, Rugby Australia has revealed a provisional loss of $9.4 million at its Annual…
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NRL slashes costs and backs clubs through Coronavirus crisis
The NRL has agreed on a recovery plan that will see the League reduce its operating costs by 53% over the remainder of the year while clubs will each receive $2.5 million to help them…
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FFA announces 70% staff cut due to COVID-19
Football Federation Australia (FFA) has today announced its regrettable decision to stand-down approximately 70% of its staff due to the fallout from the COVID-19 pandemic. FFA Chief…
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ClassPass launches live-streamed classes to help fitness centres during COVID-19
Leading global fitness sharing platform ClassPass is launching live-streamed classes through its ClassPass app and website to help fitness and wellness partners during COVID-19. Through…
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AFL looks to secure $600 million loan
Facing a significant financial impact from its current shutdown, the AFL is reported to be close to securing a $600 million loan facility to secure its future through and beyond the…
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VTIC calls for immediate hibernation and wage subsidy packages
The Victoria Tourism Industry Council (VTIC) is calling on the State and Federal Governments to immediately agree to elements of the hibernation package included in Prime Minister Scott…
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