News: Finance

Creditors push Tough Mudder towards bankruptcy and sale to rival Spartan

With creditors of USA-based endurance race giant Tough Mudder Inc. attempting to push the endurance race giant into bankruptcy, the company’s majority shareholder, Will Dean, and its…

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Jan 21, 2020 Events / Finance / Legal / Recreation /

 
 

NSW Government under pressure over allegations of biased sport grant allocations

In the wake of the Australian National Audit Office's report into Federal Government sport grants, the NSW Government has been accused of using an estimated $25 million in sports…

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Jan 20, 2020 Finance / Government / Sport /

 
 

National Regional Arts Fellowship Program opens for applications

Artists and arts workers in regional, rural and remote Australia are invited to apply for a National Regional Arts Fellowship to support their practice. The central themes of this…

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Jan 20, 2020 Arts / Culture / Education / Environment / Finance /

 
 

Federal Government announces $76 million bushfire recovery package

Responding to the recent and ongoing bushfire crises, the Federal Government has announced an initial $76 million recovery package with Prime Minister Scott Morrison claiming Australian…

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Jan 19, 2020 Environment / Finance / Government / Tourism /

 
 

Audit Office sports grants report cites ‘conflict of interest’ at Sport Australia

The Australian National Audit Office’s report into former Federal Sports Minister Bridget McKenzie having allocated funds from the Community Sport Infrastructure Grant…

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Jan 16, 2020 ByNigel Benton Finance / Government / Legal / Recreation / Sport /

 
 

Wyss Campaign for Nature backs The Nature Conservancy in protecting South Australian fossil site

Global non-profit, The Nature Conservancy, has sourced funds from a $1 billion nature fund from the Wyss Campaign for Nature to buy a vast tract of outback South Australia containing…

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Jan 16, 2020 Environment / Finance / Parks /

 
 

Audit Office report confirms that Federal Government targeted marginal seats with potentially illegal sports grants

The Federal Coalition gave out $100 million in potentially illegal sports grants that favoured marginal seats prior to the last Australian election according to a report released today by…

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Jan 15, 2020 ByNigel Benton Finance / Government / Legal / Recreation / Sport /

 
 

New FFA Chief Executive sets out priorities at first press conference

Newly-appointed Football Federation Australia (FFA) Chief Executive, James Johnson has outlined his priorities in taking on the role including separating the A-league from the FFA, the…

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Jan 15, 2020 Events / Finance / Sport /

 
 

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