News: Finance
Sport Australia advice ignored by former Federal Sports Ministers in award of community sport infrastructure funds
Former Federal Sports Minister Bridget McKenzie rejected 618 applications for community sports infrastructure despite recommendations from Federal Government agency Sport Australia to…
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Southern NSW’s Mogo Zoo acquired by Western Sydney’s Featherdale Wildlife Park
The owners of the Featherdale Wildlife Park in Western Sydney have moved to expand their operations with the acquisition of Bateman’s Bay animal attraction Mogo Zoo. With the new…
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Exercise and Sports Science Australia calls for more Government funding to boost physical activity
Referring to data that only 34.1% of Australians are meeting the physical activity and sedentary behaviour guidelines, Exercise and Sports Science Australia (ESSA) is urgently calling for…
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Groundbreaking deal to see pay parity between Matildas and Socceoos
The Australian women’s football team, The Matildas, are set to earn the same pay as the men’s Socceroos team under a new landmark deal announced by Football Federation…
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Fernwood Loganholme franchisee goes into liquidation with $1 million debt
The popular Fernwood Fitness Loganholme gym on Brisbane’s southside - which has about 1300 female members - has been placed in liquidation after a restructure of the owning entity…
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Google acquires Fitbit in US$2.1 billion deal
Global technology giant Google has announced that it is to acquire wearable company Fitbit in a US$2.1 billion deal. In a blog announcing the news, Google Senior Vice President of Devices…
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Cricket Australia records $18 million operating surplus through a year of ‘healing’
Strong on-field performances by the Australian men's team along with a recovery from prior reputational damage has seen Cricket Australia increase its profit in 2018/19. The 2018/19…
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AFL reaches agreement with AFLW players for 2020 season
After a period of uncertainty relating to player contracts for the expanded AFL Womens competition, AFLW players have voted to accept a new collective bargaining agreement that secures the…
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