News: Finance
Formula 1 revenues rise to US$381 million in first quarter
Liberty Media-owned Formula 1 has advised of revenues of US$381 million for the first quarter of 2023, a slight increase on the US$360 million it generated for the same period in 2022.…
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Federal budget set to deliver further $500 million for Brisbane Olympics but no funds for Victoria’s Commonwealth Games
Set to deliver the Federal budget this evening, Australian Treasurer Jim Chalmers is reported to be due to announce a further $500 million for the Brisbane Olympics - funding beyond its…
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$1 billion of community service in New Zealand sport in jeopardy
The New Zealand Amateur Sport Association (NZASA) has revealed that feedback from community clubs suggests that many are struggling to remain viable, with the combined impact of the cost…
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Federal Government backed industry development program to offer inaugural ‘Fitness Business Bootcamp’ in Sydney
Employment, recruitment and training specialists Asuria is to launch a pilot ‘Fitness Business Bootcamp’ in Sydney on 20th and 21st May - aimed at providing new and emerging…
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Live Nation first quarter results show soaring fan demand for concerts
Global entertainment giant Live Nation has advised that with a record 19.5 million patrons flocking to its events and revenues up by more than 70% during the first quarter of 2023,…
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Strategic Membership Solutions shares strategies for retaining sponsors
Strategic Membership Solutions (SMS), an organisation providing strategic planning, sponsorship, and membership support for associations, highlights the significant role sponsorship plays…
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Cairns Regional Council hopes to receive state funding for community projects
With Far North Queensland Regional Parliament being held at the Cairns Convention Centre from 9th to 11th May, Cairns Regional Council is hopeful for state funding announcements for…
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Viva Leisure growth continues in March quarter
Viva Leisure Limited has announced impressive results for the March quarter of the current financial year with record revenue of $13 million for March 2023, an increase in membership and…
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