News: Finance
Netball Australia loses $18 million in Federal Government funding
Netball Australia has been stripped of almost $18 million in Federal Government funding after failing to provide a satisfactory business case to the Australian Sports Commission for the…
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Elite women’s sport anticipated to generate over US$1 billion in revenue in 2024
Global consultants Deloitte anticipate women's elite sports to generate US$1.28 billion revenue in 2024 - marking the first time that annual global revenues for women’s sport…
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Growth of Queensland cultural tourism outcomes supported with new funding
The Queensland Government has announced a new ‘Grow Cultural Tourism Fund’ aimed at supporting the growth of impactful arts and cultural events in communities across the…
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Victorian Government allocates $2 million to support music industry workers
The Victorian Government is allocating $2 million for national charity Support Act to ensure more live music workers have access to important mental health, wellbeing and crisis relief…
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Camden’s Kirkham Oval to receive $2.8 million upgrade to cater for growth in female participation
Camden Council and the NSW Government are funding a $2.8 million upgrade to Kirkham Oval to cater for the increase in female participation in sport at the facility. As part of the…
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New Zealand tourism spending on the rise
Total spending in New Zealand tourism is as strong as pre-pandemic levels, with Tourism Industry Aotearoa suggesting that this bodes well for the economy as the industry heads into its…
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Rugby Australia secures private equity $80 million loan
Rugby Australia has announced the successful conclusion of a capital raise program that will see it secure an $80 million loan as part of an agreement with Pacific Equity Partners (PEP).…
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Matildas and Socceroos drive Football Australia to 48% increase in revenue
The performances of the Socceroos and Matildas at their respective FIFA World Cups has seen governing body Football Australia report revenue of $113.3 million for the financial year ending…
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