News: Finance

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 /

 
 

Urban sports vouchers now available to support Northern Territory families

The Northern Territory Government is investing $6 million under the Sport Voucher Scheme to provide affordable access to sport for school-enrolled children and core aquatic skills for…

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Jul 19, 2023 Aquatics / Education / Finance / Sport /

 
 

Shock announcement sees Victoria Government withdraw from hosting 2026 Commonwealth Games

Citing potential costs of $7 billion, Victorian Premier Daniel Andrews has this morning announced that the state will relinquish its hosting rights for the 2026 Commonwealth Games. Having…

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Jul 18, 2023 ByNigel Benton Events / Finance / Sport / Venues /

 
 

Commonwealth Games Federation ‘hugely disappointed’ at Victorian Government relinquishing 2026 Games hosting

The Commonwealth Games Federation (CGF) has issued a statement this morning slamming the announcement from the Victorian Government that it is to withdraw from its hosting of the 2026…

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Jul 18, 2023 Events / Finance / Sport /

 
 

Newcastle local venues incentivised to host live music and performances

Newcastle venues are being incentivised to host live music and performances during this year's New Annual festival with a new round of funding from City of Newcastle now open for…

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Jul 18, 2023 Arts / Entertainment / Events / Finance / Venues /

 
 

Research reveals FIFA Women’s World Cup to be most valuable women’s competition globally

Latest analysis from Omdia - a technology research and advisory group based in London and part of Informa Tech - has revealed the FIFA Women's World Cup to be the most valuable…

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Jul 18, 2023 Events / Finance / Sport /

 
 

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