News: Finance
Home of India’s former F1 race closed over debts
Buddh International Circuit, the home of the former Indian Grand Prix Formula 1 race, has been sealed amid financial problems with the track. The Hindustan Times newspaper reports that…
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Alice Nash appointed as the Australia Council Executive Director of Arts Investment
The Australia Council has appointed Alice Nash as their Executive Director Arts Investment with Nash commencing her role in April. As Executive Producer and co-Chief Executive of Back to…
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Verge and Eden Street Sporting Complex secures $10 million funding
Kempsey Shire Council has secured a $10 million NSW Government grant for the Verge and Eden Street Sporting Complex to deliver better sporting facilities and a capacity to host larger…
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Australian Olympic Committee Chief Executive warns sport bodies may struggle with national redress scheme claims
Australian Olympic Committee Chief Executive, Matt Carroll, has warned that the national redress scheme for sexual abuse victims could put some sports at risk of becoming insolvent if they…
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Decline in visitor numbers prompts departure of BridgeClimb Sydney Chief Executive
A steady decline in climber numbers, exacerbated by the recent bushfires, have prompted the operators of BridgeClimb Sydney to end the tenure of Chief Executive Chris Zumwalt. The change…
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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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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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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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