News: Finance
Administrators conclude sale of Tough Mudder’s UK business to Spartan Race
Obstacle-racing company Spartan has completed its acquisition of the UK affiliate of Tough Mudder, announcing that the takeover will allow the mass-participation company to run a full…
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Major aid appeal launched to help rugby members affected by recent catastrophic weather
The Australian Rugby Foundation together with Rugby Australia, the Australian Sports Foundation and the Classic Wallabies have launched the Rugby Aid Appeal to assist thousands of rugby…
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ACT Government to spend $200,000 on stadium feasibility study
The ACT Government is set to spend $200,000 on a feasibility study to assess a potential location to build a new 25,000 seat stadium in Canberra. The report will weigh up Civic and…
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TodayTix acquisition advances plan to create ‘global ticketing platform’
As part of its plans to establish a “global ticketing platform”, theatre ticketing business TodayTix has acquired rival firm Encore. Under the agreement, both companies are to…
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Experience Co cuts Cairns tourism jobs in restructuring
Looking to reduce its operational losses, Experience Co has announced staff cuts in its Cairns businesses. Advising of the job cuts, Experience Co Chief Executive, John O’Sullivan,…
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Tough Mudder entities enter administration
The German and UK based operations of endurance race operator Tough Mudder has gone into administration, with a view to selling the business and assets, including its wholly owned…
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Dreamworld permanently closes Rocky Hollow Log Ride
Dreamworld has revealed that it is to permanently close of Rocky Hollow Log Ride, one of the Gold Coast theme parks’ oldest rides. With Dreamworld currently investing in new rides…
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AFL announces key partnerships ahead of the 2020 NAB AFL Women’s Competition
Ahead of the 2020 NAB AFLW Competition, the AFL has recently announced several AFLW partnerships with two of Australia’s leading organisations, Coles and BHP joining as major…
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