News: Finance
Wage rates increase under modern awards
Employers have been reminded by the Fair Work Commission that wage rates and all work related allowances in the modern award are increasing from employees' first full pay period…
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FFA agrees to independent management for the A-League
Lengthy deliberation between Football Federation Australia (FFA) and the owners of A-League licenses will see both the A-League and W-League run independently from the national governing…
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VicHealth grants provide opportunities for increased community sport participation
Health promotion foundation VicHealth’s latest funding round sees $750,000 allocated to encouraging less active Victorians to participate in community sport. More than 220 Victorian…
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International Olympic Committee overhauls bidding process for future Games
International Olympic Committee (IOC) members have approved a series of proposals set to dramatically change the bidding process for future Olympic Games, including ending the seven-year…
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Advent International to acquire majority stake in Debitsuccess owner TSG
Global private equity investor Advent International has agreed to acquire a majority stake in payment solutions provider the Transaction Services Group (TSG), the owner of Links…
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Lego owners lead £5 billion acquisition of Merlin Entertainments
Merlin Entertainments has agreed to be acquired by investors led by the owners of Lego in a deal that values the global attractions operator at £5 billion (US$6.35 billion). Merlin…
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Leisure innovations key to Singapore’s redeveloped Funan shopping mall
After a three-year redevelopment, Singapore's Funan shopping mall has today reopened, featuring more than 180 stores, including new-to-market brands, new concept retail spaces and a…
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Ardent Leisure facing potential $80 million liability in wake of Dreamworld inquest
Shares in Dreamworld operator Ardent Leisure have dropped to a new low this week after analysts suggested it could face massive financial liabilities over the 2016 Dreamworld tragedy.…
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