PUBS CASHING IN ON RESIDENTIAL APPEAL
Major NSW pubs and groups are increasingly looking to the state government’s Housing Delivery Authority, fast-tracking redevelopment projects under streamlined rules for new residential property. A deepening supply shortage prompted commitment by the NSW Government to address the housing shortage
NAVIGATING THE NEW AML & CTF REGULATIONS
Austrac’s AML and CTF reforms have come into effect, reflecting the regulator’s mandate for improved governance, processes and calculated risk-based outcomes in a complex regulatory environment. The new regulations began 1 April and apply to all gaming venues – pubs
BANKTECH’S NEXT-GENERATION CRT APPROVED
Banktech has recently announced its QuickPay XL5, regarded as Australia’s most sophisticated cash redemption terminal (CRT), has now secured formal regulatory approval for rollout in Queensland. The terminal is authorised to connect with both Max and Odyssey Licensed Monitoring Operators
LAUNDY SYNDICATE INTO SINGLETON’S IMPERIAL
A Laundy-backed syndicate has snapped up the large-format opportunity that is the Imperial Hotel in Singleton, in another significant regional transaction. The Imperial came to market in February on behalf of a private Sydney-based property investor, who had acquired it
HISTORIC STAR OF PORT FAIRY ON OFFER
The historic Star of the West Hotel in Port Fairy is being sold by long-time owners ready to retire, offering a blank slate opportunity for its next chapter. The Star is a vast two-storey bluestone structure built for West Indian-born
SUNRISE SESSIONS BREW A NEW SOCIAL TREND
Last month, Lewis Land Group’s The Komo hosted a unique event early one Saturday morning. The Moreton Bay venue collaborated with MilkLAB for an exclusive and unconventional event offering free plant-based coffees along with a live DJ set – starting
OSCARS TAKE REDCAPE’S SOUTH TERRACE IN BANKSTOWN
Redcape Hospitality has shuffled the portfolio again, selling the South Terrace Hotel in Bankstown to Oscars Group in another major NSW transaction. Redcape, under MA Financial’s MA Hotel Management, has been making moves in south-east Queensland, after recycling capital from
VENUES PUSH BACK AGAINST LAX PARENTING
While laws vary across Australia, the rules regarding minors in licensed premises are strict. Both the licensed venue and the supervising adult have responsibilities to ensure the safety and well-being of minors. The venue must strictly prevent minors from being
THE MERC, THE ROCKS: TRADING AND TOPPED UP
Sydney’s oldest Irish pub, The Mercantile, in The Rocks, has officially reawakened from a major overhaul and temporary digs to reveal a blend of history and modernity, and a “game-changing” rooftop bar. The pub was established in 1915, replacing the
MAN ARRESTED OVER VIOLENT NAROOMA ARMED ROBBERY
Following a 10-day manhunt, detectives have apprehended and charged a man accused of an armed robbery at the Narooma Hotel where an employee was shot. Emergency services were called to the hotel around 10.30pm on Friday, 20 March, with reports