Prior high-flyer Riversdale group has completed its exit from the pub game, selling its last asset, the Lambton Park Hotel in suburban Newcastle. Australian Pub Fund, backed by business moguls John Singleton, Mark Carnegie and Geoff Dixon bought the LPH mid-2018 for around $6 million through its op-co Riversdale. The remaining entity, M.H Carnegie & […]
The emblematic Grand View Hotel of Wentworth Falls is being sold by its passive investor owner, freshly renovated and poised to welcome sightseers to the region. The majestic Georgian-style Hotel was built in 1883, and commanding an elevated position on a 4,074sqm corner block passed by thousands every hour, has become a Blue Mountains landmark.
The Albanese government’s assessment and reform of Australia’s migration system is heralded to strip red tap and greatly reduce delays to skilled workers being granted permanent residency. Late last week at the National Press Club, home affairs minister Clare O’Neil presented the Federal Government’s 190-page review of the migration system, focused on skilled labour needs.
Arrests have been made after multiple stabbings in Punchbowl in recent days, including outside a hotel on Saturday night. Emergency services responded around 11.15pm to a report a man was being assaulted with a knife outside the Mirage Hotel, on Punchbowl Road. The perpetrator is believed to have left the scene before police arrived, but
Australia’s most famous rodeo pub, the Noonamah Tavern, has hit the market running with a full service hotel and accommodation in a tourism hotspot. The world famous Tavern is one of the Northern Territory’s most famous hospitality destinations, first established in 1952 with the Noonamah Store. It resides on a 5,648sqm commercial lot, offering
Duxton Pubs Group has announced another round of expansion, picking up two more prized venues on its road to the top. The South Australia-based group has added to the growing portfolio the Swanport Hotel in Murray Bridge, as well as the historic The Australasian in Goolwa, which recently underwent a major transformation and for which
AUSTRAC has furthered its initiatives to help pub operators stay aware of AML and CTF issues, releasing a cache of new information and video resources. All pubs and clubs operating EGMs are required to provide AML/CTF risk awareness training to staff, to help minimise the chance of the business being used to support criminal activity.
Acquisitive publican Nic Quinn has listed his Australian Hotel in Wingham to focus on other opportunities closer to home. Wingham is a town in the mid-north coast of New South Wales established in 1844, 10 kilometres west of Taree, counting local population of more than 5k. The Australian occupies a big 1,884sqm block, providing public
The gallant Bargara Beach Hotel has been forced to cancel its popular annual Anzac Day events after the local RSL sub-branch failed to approve its application. For decades the pub has hosted a Gunfire Breakfast and day of Two-Up on Anzac Day for the Bargara Remembers Committee (BRC), after the well-patronised local dawn service. As
Booking data for the past 15 months shows pubs the big winners in the cost of living squeeze, increasing bookings while fine dining restaurants feel the pinch. The data finds diners now choosing mid-range venues such as pubs and cafes during these tough economic times. The mid-range venues, defined as having a price point of
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