News: Finance
Rugby Australia Chief Executive enthusiastic about World League plans
Rugby Australia Chief Executive Raelene Castle has expressed her support for the proposal for a World League, stating that the sport’s leading nations need to come together to think…
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Lions AFLW team base to be backed by $15 million in Federal Government funding
The Lions AFLW team has received a $15 million commitment from the Federal Government, with Prime Minister Scott Morrison promising to help provide their team home. With just days before…
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Australian venues rank highly in growing 2018 international concert business earnings
The ongoing growth of the global live entertainment industry in 2018 saw gross revenue surpass US$2 billion from the Top 10 tours for the first time, with Ed Sheeran attaining the highest…
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Report suggests Fitness and Lifestyle Group buys CMG Asia for $200 million
The Fitness and Lifestyle Group is reportedly to pay $200 million to acquire the Vietnam-based CMG Asia gym group. As reported today in the Australian Financial Review, the investment is…
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Eden Park annual report shows cost of resource consent applications
Eden Park's 2018 Annual Report shows that the Auckland venue is facing a series of ongoing challenges - incurring a net loss of $7.3 million in the last financial year, a failure of…
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$22.9 million investment to encourage activity among older Australians
27 organisations will share in an investment of almost $23 million by the Federal Government aimed at getting millions of older Australians moving more often. As part of its commitment to…
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ClassPass acquires rival Asian sharing platform GuavaPass
ClassPass has announced the acquisition of rival platform GuavaPass, with the takeover now seeing the US-based fitness aggregator having a presence in more than 80 markets across 15…
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Kaikoura’s Mayfair Theatre to benefit from Southern Trust funding
Kaikoura’s historic Mayfair Theatre is a step closer to its rebuild funding total thanks to a recent $300,000 grant from The Southern Trust. The Trust, which distributed $12,824,724…
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