ATO FALLS ON VIRTICAL

The strings are unravelling on the rise and fall of the skyrocketing Virtical Group, as the ATO unleashes the first of what could be many fines for improper tax claims. An audit, which is the first to emerge from what

ADVANCED BACTERIAL SCIENCES – FOR HEADS ON THE NOSE

Advanced Bacterial Sciences produce a product to address the common issue of foul odours from the male washroom, which can threaten to disrupt the guest experience. The ABC product is URIZAP – a sustainable, microbial solution that targets the root

GILLIGAN’S FGC SETS OFF ON MAIDEN CRUISE

FNQ hospitality icon Gilligan’s has officially hit the market, offered as a freehold going concern for the first time. Situated in the heart of Cairns, at the gateway to Australia's famous Barrier Reef, the award-winning business is an “adventure destination”

THE TRIBULATIONS OF A CASHLESS GAMING TRIAL

The NSW government’s pioneering cashless gaming trial, due to report results in November, may struggle to meet its mandate as participation wanes. Driving a climate for reform, the state’s former Premier and Coalition government had planned to make all poker

UK EYES TOUGHER RULES ON SMOKING BANS

In the late 1990s Canberra kicked off smoking bans in Australia, with other states following suit over the next decade. While each state governs its own smoking bans, all states and territories have restrictions on smoking in enclosed areas of

RECEIVERS SNATCH VIRTICAL’S JUST SOLD REPUBLIC

Receivers have taken control of the Republic Hotel in Sydney’s CBD only days after Virtical signed to sell the property to Chris Thomas for a major loss, and as the group is accused of not paying staff Super. Under the

FAMILIES LIST FITZROY FREEHOLD

Melbourne families have listed Fitzroy’s multi-level Hotel Fitzroy, tipped to attract investors and owner-occupiers. Located minutes from the Melbourne CBD, opposite the Atherton Gardens estate, the pub is surrounded by entertainment precinct bars, restaurants and shops, seeing high pedestrian traffic

VIRTICAL RULE OUT THE REPUBLIC

In the spotlight developer Virtical has offloaded the Republic in the Sydney CBD to industry veteran Chris Thomas for a significant loss. After bursting into the picture in 2023, spending over $125 million in a matter of months including more

DAYLESFORD FATAL PUB CRASH DRIVER WALKS

A magistrate has opted to dismiss all charges against the driver of a car that crashed into the outdoor area of a Daylesford pub last year, with families and survivors challenging the ‘injustice’. According to police and witnesses, around 6pm

PUBLIC HOSPITALITY CREDITORS TAKE FIVE

The party is winding down for Jon Adgemis’ Public Hospitality Group (PHG), as a major lender calls in receivers and managers on five venues in the collection. Last week FTI Consulting’s Vaughan Strawbridge and Joseph Hansell stepped in, under security