News: Finance

New financing solutions help gyms equip to meet member expectations

Aware of gyms’ ongoing needs to reinvest in equipment, Fitness Finance Australia is highlighting how facilities need to keep investing in equipment and related assets in order to…

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Jun 27, 2019 Finance / Fitness /


Tokyo 2020 generates record US$3.1 billion in domestic sponsorship commitments

The International Olympic Committee (IOC) has announced that the Tokyo 2020 Olympics has generated a record sponsorship revenue of over US$3.1 billion, almost three times more than any…

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Jun 26, 2019 Events / Finance / Marketing / Sport / Venues /


NBL owner gets exclusive negotiation period for Derwent Entertainment Centre acquisition

The Glenorchy City Council has unanimously decided to enter into exclusive negotiations with the owner of the National Basketball League (NBL) over the sale of the Derwent Entertainment…

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Jun 25, 2019 Entertainment / Finance / Sport / Venues /


NSW Government admits no timeline for ANZ Stadium redevelopment

The NSW Government has admitted it cannot guarantee a timeline for the redevelopment of Sydney's ANZ Stadium. With redevelopment of the former Olympic venue having previously been…

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Jun 25, 2019 Finance / Government / Sport / Venues /


Report reveals JUMP! swim school’s entity had ‘poor budgeting control’ and owes millions

A failed arm of the JUMP! Swim Schools group may have been trading while insolvent for close to three years, according to an administrators report. In a report to creditors released last…

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Jun 24, 2019 Aquatics / Education / Finance / Legal /


Netball Australia to take no action against Maria Folau for supporting sacked rugby player husband Israel Folau

Suncorp Super Netball star Maria Folau will not be punished for supporting sacked her husband, the sacked rugby union player husband Israel Folau. Australian rugby union authorities…

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Jun 24, 2019 Finance / Sport /


Sporting facilities to be upgraded at Maryborough’s Eskdale Park

Maryborough's historic Eskdale Park sporting ground is to be upgraded with new lights, irrigation and fencing through a Queensland Government investment of $500,000. Aiming to…

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Jun 24, 2019 Finance / Sport / Venues /


Wellington City Council strips funding for planned indoor arena in new budget

Facing rising costs for a range of municipal projects including works at Civic Square and repairs to the city’s Central Library, City of Wellington Councillors have voted to strip…

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Jun 24, 2019 Finance / Sport / Venues /


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