News: Finance

Philanthropists offer help to Sydney’s beleaguered Carriageworks

More than 15 parties, including high-profile philanthropists, have come forward to offer their support to beleaguered Sydney arts institution Carriageworks as administrators assess the…

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May 25, 2020 Arts / Finance / Legal / Venues /


Canberra gyms prepare for post Coronavirus reopening

Fitness centres in the ACT are reportedly preparing to reopen as of next weekend. With the ACT due to proceed to stage two Coronavirus restrictions on 30th May, gyms will be among…

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May 22, 2020 Finance / Fitness / Wellness /


Sri Lankan Prime Minister halts plans for new Colombo cricket stadium

Less than a week after Sri Lanka Cricket (SLC) announced plans for a 40,000-seat cricket stadium in Colombo, the nation’s Prime Minister, Mahinda Rajapaksa, has scrapped the proposal…

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May 22, 2020 Finance / Government / Sport / Venues /


Financial impact of Coronavirus puts new rides at Gold Coast theme parks on hold

The development of two major new rollercoasters that were due to open later this year at Sea World and Dreamworld on the Gold Coast appear to be in doubt as a result of the financial…

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May 22, 2020 Attractions / Finance / Tourism / Wellness /


FOMO music festival enters liquidation with $5 million owing

Popular Brisbane-based music festival FOMO has collapsed owing $5 million to creditors. The national one-day event was wound up last week, with creditors advised the festival was…

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May 21, 2020 Entertainment / Events / Finance / Legal / Venues /


New Zealand Prime Minister flags four-day working week to boost economy

New Zealand Prime Minister Jacinda Ardern has suggested employers might consider a four-day working week and other flexible working options as a way to boost domestic tourism and help…

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May 20, 2020 Finance / Government / Tourism / Wellness /


Budget to fund Bendigo sports and recreation facility upgrades

The City of Greater Bendigo’s draft 2020/2021 Budget will fund upgrades to sports and recreation infrastructure across Greater Bendigo. Projects include the commencement of a new…

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May 20, 2020 Finance / Recreation / Sport /


Hong Kong legislators struggle with Ocean Park bailout

The future of Ocean Park Hong Kong is in doubt with the Administrative region's legislators failing to agree on a Government bailout plan to inject HK$5.4 billion into the attraction…

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May 20, 2020 Attractions / Education / Finance / Government / Tourism /


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