News: Finance

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 /


Newspaper reports that plans for Sunshine Coast’s Actventure waterpark and resort are ‘expected to be finalised in coming weeks’

The planned Actventure waterpark and resort on the Sunshine Coast, is reportedly ready to move forward with Brisbane newspaper The Courier-Mail reporting that the future of the development…

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May 20, 2020 ByNigel Benton Attractions / Finance / Hospitality / Tourism / Waterparks /


Recovery panel established to support Geelong’s creative communities

The City of Greater Geelong has appointed 21 leading cultural and creative practitioners to the Geelong COVID-19 Arts Recovery (G-CAR) Advisory Panel as part of its continuing efforts to…

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May 20, 2020 Arts / Culture / Events / Finance /


Global sports sponsorship market predicted to fall by 37% this year

Global sports sponsorship rights fees are set to fall by more than US$17 billion (37% year-on-year) according to projections from data-driven sports marketing specialist Two Circles. The…

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May 20, 2020 Finance / Marketing / Sport /


TEG appoints Matthew Donazzan as head of strategy, mergers and acquisitions

TEG has announced the appointment of corporate finance executive Matthew Donazzan to the newly created role, Director of Strategy and M&A.  In his new role Donazzan will lead a…

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May 20, 2020 Entertainment / Finance / Sport / Ticketing /


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