News: Insurance

Coronavirus wiped $19.5 billion in visitor spending from the Victorian economy in 2020

A new report from Victoria University and the Victoria Tourism Industry Council (VTIC) has highlighted the ongoing challenges facing the Victorian tourism industry - impacted in the last…

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Jun 10, 2021 Attractions / Finance / Government / Insurance / Tourism /

 
 

Festivals seek ways to avoid massive financial losses from COVID-related cancellations and restrictions

Festivals in Victoria and Queensland are looking at ways to avoid massive losses resulting from Victoria’s extended Coronavirus lockdown. Melbourne’s inaugural RISING festival…

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Jun 7, 2021 Arts / Entertainment / Finance / Insurance / Venues /

 
 

Royal Adelaide Show facing event with smaller crowds and fewer carnival rides

Planning for the 2020 Royal Adelaide Show in September, organisers are facing having to put a daily cap on crowd numbers while the crisis impacting carnival ride operators will likely see…

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May 31, 2021 Attractions / Entertainment / Events / Insurance /

 
 

Future secured for Womad NZ with $1.9 million insurance confirmed for 2022

The WOMAD New Zealand festival has confirmed its 2022 dates after securing a NZ$1.9 million underwrite from the New Plymouth District Council, providing an insurance safety net for…

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May 31, 2021 Entertainment / Events / Insurance /

 
 

Small businesses in Northern Australia to benefit from Federal Government reinsurance pool

Small businesses in Northern Australia will potentially benefit from more affordable insurance premiums under a new Federal Government scheme to launch next year. Backed by a $10 billion…

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May 4, 2021 Environment / Finance / Insurance /

 
 

Moving to address industry insurance crisis AALARA releases survey on Discretionary Mutual Fund

Moving to address what it calls the “catastrophic consequences of a failing insurance market”, the Australian Amusement, Leisure and Recreation Association (AALARA) is calling…

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May 3, 2021 Attractions / Finance / Insurance / Safety / Tourism /

 
 

AALARA’s first Roadshow event addresses key industry issues with update on moves to establish discretionary mutual fund

The first in a series of three industry Roadshow events presented by the Australian Amusement, Leisure and Recreation Association (AALARA) has seen presentations and discussions on a range…

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Apr 22, 2021 Attractions / Entertainment / Events / Insurance / Tourism /

 
 

Failure to secure insurance see Australia’s last circus with exotic animals move to retire its lions and monkeys

Australia’s ongoing insurance crisis has caused Stardust Circus, Australia’s last travelling circus with exotic animals, to move to retire its performing lions and monkeys.…

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Apr 12, 2021 ByNigel Benton Attractions / Entertainment / Insurance / Zoos /

 
 

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