News: Finance

UFC Gyms silent on demise of Australian master franchisor but still looking for global expansion

The recent financial and legal troubles of UFC Gyms in Australia have not raised any form of comment from the Newport Beach, USA-based headquarters of the global franchise or from fitness…

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Jul 21, 2023 ByNigel Benton Finance / Fitness / Legal /

 
 

Sydney-based event planner gets 15 year jail term for fraud

Sydney event planner Helen Rosamond has been jailed for a maximum of 15 years after being found guilty of defrauding millions of dollars from NAB by falsifying and inflating invoices for…

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Jul 21, 2023 Events / Finance / Legal /

 
 

Fair Work Ombudsman recovers more than $684,000 from Melbourne hospitality sector

The Fair Work Ombudsman has recovered $684,543 in wages for 1,004 underpaid workers after investigating employers in Melbourne’s hospitality precincts. Fair Work Inspectors…

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Jul 21, 2023 Finance / Hospitality / Legal /

 
 

Northern Territory’s Aboriginal cultural experiences enhanced for tourists

The Northern Territory Government has delivered $500,000 in funding from Round 5 of the Aboriginal Tourism Grant Program to be shared among six organisations to enhance the tourist…

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Jul 20, 2023 Arts / Culture / Finance / Tourism /

 
 

Construction team appointed and new budget approved for Yarrow Stadium East Stand rebuild

Facing rising costs and project delays, Taranaki Regional Council has announced that the redevelopment of its Yarrow Stadium is moves into its final phase with the construction team…

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Jul 20, 2023 Finance / Sport / Venues /

 
 

Victorian Government facing significant penalty costs for Commonwealth Games exit

Following yesterday’s announcement that it was relinquishing its hosting rights for the 2026 Commonwealth Games, the Victorian Government is reported to have entered…

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Jul 19, 2023 Events / Finance / Government / Legal / Sport /

 
 

China’s biggest online fitness platform Keep Inc begins trading in Hong Kong

Beijing-based company and China’s biggest online fitness platform - Keep Inc - has raised US$40 million from the sale of 10.8 million shares in an initial public offering (IPO) and…

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Jul 19, 2023 ByKaren Sweaney Finance / Fitness / Retail / Technology /

 
 

Western Australian sports and arts sectors receive $22 million each from Lotterywest

Lotterywest has delivered its third consecutive year of record-breaking returns to the Western Australian community. Of the $1.22 billion in lottery sales last financial year, the…

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Jul 19, 2023 Arts / Finance / Government / Sport /

 
 

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