News: Finance
Rugby Australia secures private equity $80 million loan
Rugby Australia has announced the successful conclusion of a capital raise program that will see it secure an $80 million loan as part of an agreement with Pacific Equity Partners (PEP).…
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Matildas and Socceroos drive Football Australia to 48% increase in revenue
The performances of the Socceroos and Matildas at their respective FIFA World Cups has seen governing body Football Australia report revenue of $113.3 million for the financial year ending…
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Ardent Leisure’s Gary Weiss under pressure over two million guests a year ‘prediction’ for Dreamworld
Ardent Leisure Chairman Dr Gary Weiss has reportedly been under pressure from investors about predictions for annual guest numbers at Gold Coast theme park Dreamworld. At its recent…
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Australian Sports Commission launches ‘Play Well’ program with $10 million funding
The Australian Sports Commission has today launched their first co-designed Sport Participation Strategy aimed at ensuring all Australians have the opportunity to be involved in sport…
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Fitness industry entrepreneur Leon McNiece to partner with World Gym Australia
In an industry first, fitness innovator Leon McNiece has joined forces with World Gym Australia partners Jon Davie and Mike Nysten in a move to drive the brand’s expansion across…
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ARIA and PPCA provide submissions in support of fair payment for recording artists from Radio Stations
Australian Recording Industry Association (ARIA) and Phonographic Performance Company of Australia (PPCA) today revealed their submissions supporting the Copyright Legislation Amendment…
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Football Australia announces eight teams for new national second division
Eight semi-professional clubs are a step closer to a place in the A-League Men’s competition with Football Australia today announcing the make-up of a national second division…
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Humanitix makes $4 million donation to charities in 2023
Humanitix, the Sydney-based events booking platform that directs 100% of profits to charitable projects has announced its largest donation to date, injecting a total of $4 million toward…
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