News: Finance
Private capital firm confirms interest in funding Hobart’s planned AFL stadium
Private capital consortium the Plenary Group is reported to be ready to bid for the right to partner with the Tasmanian Government to deliver the proposed Hobart AFL stadium. As reported…
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VTIC acknowledges challenges from cuts to tourism funding in Victorian budget
The Victoria Tourism Industry Council (VTIC) has acknowledged the challenges facing the industry in the wake of the cuts to funding for major events and tourism promotion in the 2024/25…
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Tasmanian opposition changes stance to support Hobart stadium plan
Dean Winter, Tasmanian Labor’s recently appointed leader, has announced that the party is to now support the proposed AFL stadium at the Macquarie Point site in Hobart. With the…
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Victorian budget cuts $285 million in funding for major events and tourism promotion
Victorian Treasurer Tim Pallas has revealed the state’s 2024/25 budget which will see a drop in investment for major events and tourism with $183.8 million to be spent next year…
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Creative Australia releases new report showing difficulties for professional artists to make a living
Commissioned by Creative Australia, an extensive economic study released today - ‘Artists as Workers: An Economic Study of Professional Artists in Australia’ - reveals that it…
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Tourism Australia fires staff for spending $137,000 of funds for private holidays
Tourism Australia fired three staff in October, including a senior employee, over their use of taxpayer funds on private travel. Revealed last month by Crikey, the dismissals, which had…
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North Sydney Council cuts staff as Olympic Pool redevelopment drains budget
North Sydney Council has cut staff in an attempt to stave off a worsening financial position, with rising costs for the redevelopment of its Olympic Pool impacting its budget. With its…
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Western Australian budget to deliver new investment for conservation estate and national and marine parks
The Western Australian Government's commitment to expanding the state’s conservation estate will receive a significant $73 million boost over the next four years as part of Plan…
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