News: Finance
Recovery panel established to support Geelong’s creative communities
The City of Greater Geelong has appointed 21 leading cultural and creative practitioners to the Geelong COVID-19 Arts Recovery (G-CAR) Advisory Panel as part of its continuing efforts to…
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Global sports sponsorship market predicted to fall by 37% this year
Global sports sponsorship rights fees are set to fall by more than US$17 billion (37% year-on-year) according to projections from data-driven sports marketing specialist Two Circles. The…
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TEG appoints Matthew Donazzan as head of strategy, mergers and acquisitions
TEG has announced the appointment of corporate finance executive Matthew Donazzan to the newly created role, Director of Strategy and M&A. In his new role Donazzan will lead a…
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Queensland Government provides emergency funding for theme parks and wildlife attractions
The Queensland Government has today (19th May 2020) delivered an extra $50 million to support tourism businesses including theme parks and wildlife attractions in their recovery from the…
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Creditors vote for liquidation of NBL’s Illawarra Hawks
Creditors have voted to liquidate the remaining assets of NBL franchise the Illawarra Hawks after the team was put into administration for the second time in five years. A report from…
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Reopened Beijing gyms demand exercisers wear facemasks
With gyms in the Chinese capital of Beijing reopening in the aftermath of what seems to be the worst of the Coronavirus outbreak in the county, managers are imposing strict hygiene…
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Taranaki Rugby Union confirms financial restructuring
The financial troubles of the Taranaki Rugby Football Union is to see the body restructured with a number of jobs at risk. Partially caused by the closure of Yarrow Stadium and compounded…
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AFL to proceed with upgrade plan for Melbourne’s Marvel Stadium
Despite financial uncertainty resulting from the Coronavirus crisis, the AFL is to proceed with the $225 million overhaul of Melbourne’s Marvel Stadium into what League Chief…
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