News: Finance
Taranaki’s Yarrow Stadium owner runs up $15 million loss in last financial year
The Taranaki Stadium Trust, owner of New Plymouth’s Yarrow Stadium, has reported a $15 million loss over the past 12 months. With the venue’s East and West Stands currently…
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VIVA Leisure delays IPO plans
Fitness and recreation facilities group VIVA Leisure has delayed its plans for an initial public offering (IPO), what would have been an industry-first in Australia, with modest intention…
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Historic Balmain Tigers in danger of folding
With the Balmain Leagues Club (BLC) being officially placed into voluntary administration as of last Friday, there are fears that historic rugby league club Balmain Tigers may be forced to…
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Government gives financial approval for new Christchurch multi-use arena
Christchurch City Council’s plans to develop a new multi-use arena to replace the city’s former Lancaster Park have been boosted by the New Zealand Government’s approval…
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Live Performance industry breaks all records through 2017
Live Performance Australia has reported that over 23 million Australians attended live events in 2017, driving over $1.88 billion in ticket sales – representing a 23% growth in…
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Operator shut out of Auckland’s Waiwera Thermal Resort
Auckland's Waiwera Thermal Resort faces an uncertain future following the revelation that its owners have cancelled the lease of the off-shore business that was operating the facility.…
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AOC Chief Executive Matt Carroll calls for more money for Olympic and Paralympic sport
On a day of major announcements relating to elite sport, Australian Olympic Committee (AOC) Chief Executive Matt Carroll says an extra $60 million a year is needed to help improve…
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Royal Botanic Gardens Sydney deliver $140 million to NSW economy
A Deloitte report has found Sydney’s 'green lungs' - the Royal Botanic Gardens and the Domain - contributed around $140 million to the NSW economy in the 2016/17 financial…
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