News: Finance

Industry welcomes Federal Government’s announcement of JobKeeper extension

Industry groups have welcomed the Federal Government's announcement that its JobKeeper and JobSeeker programs will be extended into 2021. Australian Prime Minister Scott Morrison…

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Jul 21, 2020 Finance / Government / Tourism / Wellness /


Australian Fitness Show creator Shaun Krenz departs Reed Exhibitions

Shaun Krenz, Reed Exhibitions’ well-known Director of the Australian Fitness Show, has announced that his “time at the helm of the Fitness Show portfolio of events has come to an…

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Jul 21, 2020 Events / Finance / Fitness /


Gold’s Gym acquired by German owners

US-based Gold’s Gym International, which filed for bankruptcy in May, has been acquired by German fitness and lifestyle brand the RSG Group GmbH. Hit hard by the economic shutdown…

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Jul 20, 2020 Finance / Fitness / Legal /


Without JobKeeper 60% of Australian fitness businesses will close in less than a month

An explosive report from Fitness Australia has revealed that, without the Federal Government's JobKeeper payments or other financial support, 60% of businesses in the exercise industry…

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Jul 19, 2020 Finance / Fitness / Government / Wellness /


Thousands back ATIC petition for retention of JobKeeper allowance

The Australian Tourism Industry Council (ATIC) has highlighted a petition of 10,000 people proactively calling for the Federal Government to extend the JobKeeper program’s future to…

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Jul 18, 2020 Finance / Government / Tourism /


Equestrian Australia avoids liquidation as creditors agree to reform

Troubled national sporting organisation Equestrian Australia has avoided liquidation with creditors having agree to support administrator KordaMentha’s proposal to reform the sport.…

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Jul 17, 2020 Finance / Sport /


New Zealand looks to host entire 2020 Rugby Championship and new trans-Tasman competition in 2021

The ability to host sporting events without fan restrictions has prompted SANZAAR to announce that the country is the “favoured option” for hosting the 2020 Rugby Championship…

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Jul 17, 2020 Finance / Sport / Venues /


Further support announced for Tasmania’s NBL1 clubs

The Tasmanian Government has committed to supporting the state’s sport and recreation sector in their recovery and rebuilding from COVID-19 by extending its basketball school clinics…

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Jul 16, 2020 Finance / Sport /


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