News: Finance

Planet Fitness confirms arrival in Australia

US-based Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of gyms in North America, has today confirmed its arrival in the Australian market. Planet…

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Nov 8, 2019 Finance / Fitness / Retail /


Sport Australia advice ignored by former Federal Sports Ministers in award of community sport infrastructure funds

Former Federal Sports Minister Bridget McKenzie rejected 618 applications for community sports infrastructure despite recommendations from Federal Government agency Sport Australia to…

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Nov 8, 2019 Finance / Government / Recreation / Sport /


Southern NSW’s Mogo Zoo acquired by Western Sydney’s Featherdale Wildlife Park

The owners of the Featherdale Wildlife Park in Western Sydney have moved to expand their operations with the acquisition of Bateman’s Bay animal attraction Mogo Zoo. With the new…

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Nov 5, 2019 ByNigel Benton Attractions / Environment / Finance / Tourism /


Exercise and Sports Science Australia calls for more Government funding to boost physical activity

Referring to data that only 34.1% of Australians are meeting the physical activity and sedentary behaviour guidelines, Exercise and Sports Science Australia (ESSA) is urgently calling for…

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Nov 5, 2019 Finance / Fitness / Government / Recreation / Wellness /


Groundbreaking deal to see pay parity between Matildas and Socceoos

The Australian women’s football team, The Matildas, are set to earn the same pay as the men’s Socceroos team under a new landmark deal announced by Football Federation…

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Nov 5, 2019 Finance / Sport /


Fernwood Loganholme franchisee goes into liquidation with $1 million debt

The popular Fernwood Fitness Loganholme gym on Brisbane’s southside - which has about 1300 female members - has been placed in liquidation after a restructure of the owning entity…

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Nov 5, 2019 Finance / Fitness / Legal /


Google acquires Fitbit in US$2.1 billion deal

Global technology giant Google has announced that it is to acquire wearable company Fitbit in a US$2.1 billion deal. In a blog announcing the news, Google Senior Vice President of Devices…

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Nov 2, 2019 Finance / Fitness / Retail / Technology / Wellness /


Cricket Australia records $18 million operating surplus through a year of ‘healing’

Strong on-field performances by the Australian men's team along with a recovery from prior reputational damage has seen Cricket Australia increase its profit in 2018/19. The 2018/19…

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Nov 1, 2019 Finance / Marketing / Sport /


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