News: Finance
Hong Kong’s Ocean Park faces closure as Government considers financial aid package
With the city's tourism sector at a standstill and having been closed since late January due the Coronavirus pandemic, Hong Kong theme park Ocean Park could go out of business by the…
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Bushfire affected wildlife and plants to receive $150 million funding boost
The Federal Government has announced a $150 million funding boost on top of the $50 million initial recovery package for native wildlife and habitat areas affected by bushfires.…
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Gemba launches program for high-potential sport and entertainment industry start-ups
Leading sport and entertainment consultancy Gemba has unveiled its new sports start-up initiative Tenka, which aims to support high-potential ventures within the sports and entertainment…
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Prime Minister Morrison denies misleading Parliament over involvement in sports rorts
Australian Prime Minister Scott Morrison has denied he misled Parliament regarding his role in the pre 2019 election allocation of grants from the Community Sport Infrastructure Grant…
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Live Nation says no return to ‘full scale’ concerts until 2021 as it looks to drive-in events
With the spread of Coronavirus have stopped live shows across the world, international entertainment giant Live Nation has advised that it is not planning to resume concerts at “full…
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Coronavirus and financial losses push New Zealand Rugby to lay off half its staff
Having announced a $7.5 million loss for 2019 and forecast a $120 million decline in revenue for the current financial year at its AGM at the end of April, New Zealand Rugby has reportedly…
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Prime Minister Morrison’s authority was sought in tainted sports grants program
The office of the Australian Prime Minister asked former Federal Sports Minister Bridget McKenzie to seek Scott Morrison’s “authority” for intended recipients of $100…
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Mayfair 101 appoints new chief executive for under scrutiny Dunk Island rejuvenation project
The Mayfair 101 Group has appointed former Hamilton Island General Manager Ciaran Handy as Chief Executive of Mayfair Tourism, a role where he will be responsible for the development of…
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