News: Finance
Sport leaders unite to advance pay equality for elite women athletes
Chief Executives of Australia’s leading sports organisations have united to advance equal pay for elite women athletes with the Male Champions of Change (MCC) Sport group today…
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Revenue rises but deficit remains at Ocean Park Hong Kong
Hong Kong theme park Ocean Park has reported an increase in revenue in the financial year 2017/18 but is still operating with a deficit. The popular theme park reported revenue of HK$1.7…
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The Australian Marine Conservation Society calls for reallocation of $443 million funding
The Australian Marine Conservation Society (AMCS) has welcomed the Senate Environment Committee’s report into the Great Barrier Reef 2050 Partnership and called for the funding to be…
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Rugby Australia uses charitable foundation to pay elite player salaries
Rugby Australia has defended its use of funds from its national fundraising body, the Australian Rugby Foundation (ARF), to contribute to the salary packages of elite players. As revealed…
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Western Australian Government refuses Games financial contribution to Australian Olympic Committee
The Western Australian Government has refused to contribute to an Australian Olympic Committee funding campaign because it does not trust eastern states-based administrators to give the…
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Art Stage Singapore placed under provisional liquidation
Art Stage Singapore, the company behind what was once Singapore's main visual arts fair, was placed under provisional liquidation on 31st January. Considered the country's…
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National sports raffle to aid fundraising for grassroots sports and charities
Not-for-profit raffle Play For Purpose has launched across Australia, already fundraising for more than 150 grassroots sports clubs and charities. Play For Purpose is an online raffle for…
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News report suggests few Chinese sports venues are profitable
A news report by China’s official Xinhua news agency has suggested that very few sports venues in the country are currently profitable. With Xinhua seldom being critical of…
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