News: Finance
Australian Institute of Sport cuts funding to sports deemed to have lower medal winning prospects
The government-funded Australian Institute of Sport (AIS) announced early this week that it will be implementing a new investment model that will boost high performance funds for a number…
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Athlete Travel Subsidy Scheme provides vital support to WA regional athletes
More than 180 of Western Australia's aspiring regional athletes will be helped to attend training camps and competitions through a State Government program that assists with travel…
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Community clubs across Western Australia receive funding boost
A total of 23 grassroots sporting projects from across Western Australia will share in more than $634,000 in the latest round of the Western Australia Government's Community Sporting…
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Melbourne United reveals new ownership structure
Currently sitting second on the 2018/19 National Basketball League (NBL) ladder, Melbourne United have announced a new board of directors. Since rebranding in 2014, the club has…
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Ardent Leisure reveals theme park investment strategy
Two years after its disastrous annual general meeting in the wake of the Thunder River Rapids tragedy, Ardent Leisure has revealed a strategy for Dreamworld to “become the premier…
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ASIC launches action against two former Tennis Australia directors
The Australian Securities and Investments Commission (ASIC) has launched federal court action against the former directors of Tennis Australia, Harold Mitchell and Stephen Healy, for…
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Sydney FC Chief Executive stresses vital role of fans
Sydney FC Chief Executive Danny Townsend believes transparency and dialogue between A-League clubs and fans is key for the future of the game. Townsend joined Sydney FC last year and has…
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HIIT Factory plans 15 new franchised studios
Melbourne-based exercise studio HIIT Factory has revealed plans to franchise its business model, offering a low cost fitness option. Operating since 2013, the HIIT Factory has six studios…
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