News: Finance
Australia Council’s new vision for the arts anticipates limited growth
The Australia Council has today announced its new vision for a creatively connected Australia where creative enterprise is entrenched across society, industry and government as the fuel…
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Western Sydney council facing massive cost to refurbish 50-year-old aquatic centre
Hills Shire Council in western Sydney has approved a $55.5 million redevelopment of its ageing Waves Aquatic Centre - a project first budgeted at costing between $19 and $23 million. On…
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Planet Fitness to accelerate new club opening plans following strong financial performance
Having reported a 29.3% increase in revenue for the first half of 2019 - driven largely by new openings - USA-based Planet Fitness is planning further growth, with Australasian Leisure…
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Viva Leisure 2018/19 financial results exceed prospectus forecasts
Leading fitness facilities operator Viva Leisure Limited has revealed extraordinary financial performance during the last fiscal year with profits more than doubling on the back of tripled…
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NBL’s Jeremy Loeliger moves from Chief Executive to Commissioner’s role
The National Basketball League (NBL) has announced that its Chief Executive, Jeremy Loeliger, is to transition into the newly created role of Commissioner. In the four seasons since he…
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Ardent Leisure looks to shrinking of Dreamworld’s footprint for development
Ardent Leisure is to shrink the footprint of Dreamworld with new plans to develop land adjacent to the Gold Coast theme park. Having announced an investment of $50 million in new…
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TEG reveals European expansion with the acquisition of The MJR Group
TEG has announced the acquisition of The MJR Group, the international event promoter and venue operator, based in the west of England city of Bristol. The MJR Group promotes and operates…
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NSW Arts Minister concedes shortage of theatres in Sydney
The NSW Government will look at options for a new theatre in Sydney’s Barangaroo precinct as it seeks to create more capacity in the city. NSW Arts Minister Don Harwin admits there…
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