Diageo has released more industry resources through its US$100 million ‘Raise the Bar’ support program, tapping a global knowledge base in aid of all licensed venues. The Raise the Bar program counts $11.5 million allocated to Australian operators. The program is available to any licensed venue in the country, regional or metro, regardless of whether […]
With assistance from the AHA Victoria and hospitality specialist Leigh Barrett & Associates, PubTIC has created this free, easy to follow checklist of things to consider when shutting down a pub for an extended period, such as this time of crisis. DOWNLOAD HERE
A commercial finance specialist says every year many hotel owners pay tens of thousands of dollars more tax than necessary by failing to effectively claim capital allowance and depreciation. Regular accountants may not aware of the full benefits that can be deducted at hotel businesses, according to Mark Wilkins, director of Capital Claims Tax Depreciation,
Business.gov.au is an online resource for Australian businesses, providing easy access to information, assistance, forms and services, and advice on planning, starting and growing a business. This article just released as part of the department’s ongoing publications deals with a common situation in Australian family-run businesses, including hotels and hospitality. Transferring your family business
Recent findings by the Turnbull government’s Energy Committee show the cost of electricity has more than doubled for most businesses since 2007. As the Liberal and Labor parties debate the merits of reviving coal as a short-term solution versus investing in renewables, the current edition of PubTIC magazine explores the state of power. (Extract –
COST OF POWER HAS DOUBLED FOR BUSINESSES: ENERGY COMMITTEE Read More »
Amid the increasing need for smart decision-making in a competitive marketplace, hoteliers are turning to bespoke solutions to better guide intelligent solutions. The ATO offers benchmarking tools and advice for small business. As labour-based businesses, it specifies the key benchmarking ratio for Pubs, Taverns and Bars is: cost of sales – turnover. Most often the
Bundaberg publicans have experienced a spate of ‘doctored’ $50 notes, pointing to a suspected counterfeit scam. The notes, found in poker machines, have had the clear hologram section cut out, which may be intended to add realism to counterfeited notes produced on high quality printers or copiers. Owner of the Railway Hotel, Steve Hooper, told
The bottom line has hit the directors of ASX-listed Lantern Hotel Group, as big shareholders succeed in ousting them in favour of more experience and the promise of potential. Millinium Asset Services served Lantern (LTN) notice in April it was exercising its right as a 24 per cent shareholder to call a general meeting. This
BIG BUSINESS BITES LANTERN HOTELS DIRECTORS AS STAKEHOLDERS OUST OLD FOR NEW Read More »
Thousands of hotels and hospitality businesses around the country are gearing up to take advantage of the Federal Government’s spotlight on small business. Starting immediately and schedule to continue until the end of June 2017, businesses turning over less than $2 million annually can immediately claim a write-off for capital purchases under $20,000. This can
The 2015 budget has shaped up as the year for small business, as both parties have now aggressively targeted the so-called ‘engine room’ of Australia. Following the Treasurer’s revelations on Tuesday about a 1.5 per cent tax cut and $20k in immediate deductions for enterprises grossing under $2 million, last night the Opposition Leader countered
EDITOR’S RANT – BUDGET BIDDING: ALL GOOD FOR (SMALL) BUSINESS Read More »
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