SYDNEY COLLECTIVE SPECTRES HAUNT LAUNDYS

A leaked financial audit of Fraser Short’s defunct The Sydney Collective has resulted in former partner Laundy Hotels compensating staff said to be owed hundreds of thousands of dollars. The audit specifies 14 venues around NSW that were operated by

CHANGING TIMES FOR THE CLOCKTOWER

The historic Clocktower Hotel in Grafton has been sold by the Dougherty family, who bought a shell, built a pub and operated it for 18 years. In 1860 the Commercial Hotel was established on the 1,221sqm site now held by

ALBION BURNS AGAIN

Popular Melbourne venue the Albion Hotel was targeted by arsonists early Wednesday, in a confronting return to the past.   According to witnesses, two offenders forced their way into the building and were seen entering with jerry cans around 3am.

PARRAS TAKES THE KINGS HEAD

Melbourne-based Francis Venues has divested Sydney’s Kings Head Tavern to local powerhouse Parras Hospitality, less than two years after purchasing the big corner pub. The two-level Kings Head Tavern (KHT) resides on a prominent 1,334sqm site on the major intersection

CROSS KEYS COURTS NEW OPERATOR

The historic Cross Keys Hotel in Essendon has been taken to market, offering a robust city-fringe gaming operation in Victoria’s tightly held market. The Cross Keys was established in 1859, after John Morgan purchased the block of land from the

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

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

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