LAUNDY PACKING UP IN REDFERN

Arthur Laundy and his Redfern partners have offered to market their refurbished, undercooked local, on the fringe of the Sydney CBD. In 2021 the pub king collaborated with new operators Aaron Crinis and Justin Tynan to buy the three-storey suburban

TABCORP HIT WITH RECORD FINE FOR ‘SYSTEMIC’ BREACHES

Wagering giant Tabcorp has been hit with a record fine and issued directions to transform its operations, after extensive investigations uncovered multiple breaches and “systemic” problems. The Victorian Gambling and Casino Control Commission (VGCCC) probed several instances of Tabcorp Wagering

RYANS DRINK IN THE TEA GARDENS

John Purkis and family have passed the reins of the landmark Tea Gardens Hotel in Bondi Junction to Ryan hotel dynasty principals John and Sally Ryan. Purkis bought the big multi-storey Art Deco hotel mid-2014 from Aussie Leisure Group, but

GOVT INTRODUCES SAFE DIGITAL ID VERIFICATION

The Federal Government has introduced a new digital verification tool that will allow businesses to establish proof of identity using a government-issued QR code. Known as the ‘Trust Exchange’, or ‘TEx’, it connects a business with a user's MyGov Wallet

NEW UNIVERSAL SEES NEWTOWN TO MARKET

Continuing its portfolio shake-up, Universal Hotels is selling the Newtown Hotel in Sydney’s inner west, meeting the surging market for high cashflow operations. Well located at the gateway to the famed and vibrant King Street retail and entertainment strip, the

FORMER KIRRIBILLI CLUB FOR SALE

The site of the failed, former Kirribilli Club is being offered for sale, presenting opportunity for a revised offering to capitalise on its north shore location and sweeping harbour views. Lot 1 at 11-23 Harbourview Crescent in Milsons Point spans

PARRAMATTA’S CROWN SEEKS A MONARCH

Receivers have listed high-profile pub development play the Crown Hotel in Parramatta, offering a suite of opportunities for the right player. Crown Hotel, at 295 Church Street, is on a large 1,075sqm site with 35 metres of frontage on Parramatta’s

COMMODORE MEETS ROADBLOCK IN DRIVING CHANGE

Glenn Piper has hit opposition to plans to reconfigure the Commodore Hotel in McMahons Point as part of the goal to become a live music venue, triggering the traditional pushback by locals plus a private school. The pub built on

SUPREME COURT FINDS FOR MA FINANCIAL

The NSW Supreme Court has ruled Mark Toma, owner of pub-developer Virtical, to complete the troubled $61 million Taylor Square deal and pay costs to the vendor, MA Financial. The unlisted MA Taylor Square Fund acquired the prominent Courthouse Hotel

AVC SECURES FUTURE IN AIRLIE BEACH

Australian Venue Co has doubled down on its investment in town with a partnership acquisition of the windswept and interesting Airlie Beach Hotel, in association with restorative owner-operator Mick McFie. Occupying a generous lot just metres from the destination Whitsundays