News: Finance

Plus Fitness opens first Canberra gym

Australian gym chain Plus Fitness 24/7 has opened its first franchise in the ACT, located on City Walk in the heart of Canberra. Plus Fitness 24/7 Canberra City is the third Plus Fitness…

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Feb 17, 2020 Finance / Fitness /

 
 

Fleurieu Aquatic Centre deficit concerns local councillors

A deficit of $643,560 in the operation of the Fleurieu Aquatic Centre is concerning the City of Victor Harbor and Alexandrina Councils. A recent review of the facility’s budget…

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Feb 17, 2020 Aquatics / Finance / Recreation /

 
 

Report from Secretary to Prime Minister’s Department rejects Audit Office finding that sports grant program targeted marginal electorates

A report into the Federal Government’s controversial Community Sport Infrastructure Grant Program, conducted by Phil Gaetjens, Secretary to the Department of the Prime Minister and…

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Feb 15, 2020 Finance / Government / Legal / Recreation / Sport /

 
 

Australian Sports Commission issues statement in response to media claims on spending

The Australian Sports Commission has responded to claims of extravagent spending, initially made in The Australian newspaper, releasing a statement that emphasises its investment in…

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Feb 14, 2020 Finance / Government / Sport /

 
 

Sport Australia slammed for extravagant spending on offices and consultants

Sport Australia has been slammed by a media report that suggests it spent extravagantly on executive staff, office accommodation, training and recruitment consultants. The report in…

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Feb 14, 2020 Consultants / Finance / Recreation / Sport /

 
 

Viva Leisure opens new sites and completes Fit n Fast Health Clubs acquisition

Fitness club owner Viva Leisure Limited has opened two new clubs - hiit republic Wollongong, and Club Lime Shellharbour - extending its “hub and spoke model” in the NSW…

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Feb 14, 2020 Finance / Fitness /

 
 

National Audit Office advises 43% of successful Federal Government sports fund projects were ineligible

43% of projects funded under the Federal Government’s controversial Community Sport Infrastructure Grant Program were ineligible when agreements were signed, according to officials…

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Feb 13, 2020 Finance / Government / Legal / Recreation / Sport /

 
 

London Football Exchange announce deal to buy A-League’s Perth Glory

Cryptocurrency and sports investment group the London Football Exchange has announced that it has reached an asset sale and purchase agreement to acquire a majority shareholding in Perth…

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Feb 13, 2020 Finance / Sport /

 
 

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