Finance

ADGEMIS BANKRUPT AS PUBLIC GOES UNDER

Posted on October 3rd, 2025 by Clyde Mooney
Jon Adgemis has surrendered the game, filing for bankruptcy as he is said to owe billions, Deutsche Bank takes control of his last five pubs, and a showdown with the ATO loomed in Federal Court. The former KPMG banker had

AVC WELCOMES NEW MAJOR INVESTOR

Posted on August 4th, 2025 by Clyde Mooney
Australian Venue Co has engineered its next phase of industry-leading growth, taking CVC Capital in as a new private equity partner. Australian Venue Co (AVC) is one of the country’s largest operators, currently keeping 243 licensed venues, primarily pubs, across

HARVEST RAMPS UP INVESTMENT STRATEGIES

Posted on July 21st, 2025 by Clyde Mooney
Hospitality investment entity and operator Harvest has unveiled its “evolution” from Hotels to Hospitality, plus a new investment strategy in a burgeoning asset class. Many operators and investors see hospitality assets as combining the stability of resilient revenue with the

MD HOTELS GOES UNDER IN GEELONG

Posted on June 4th, 2025 by Clyde Mooney
Melbourne operators MD Hotels, fronted by former AFL star Corey Enright, have fallen into administration and lost possession of their Geelong pubs. According to ASIC documents, MD Hotels is owned by Mathew Dyer and Dean Trembath, listed as directors, with

KINGSTON UNDER ADMINISTRATION CLOUD

Posted on May 5th, 2025 by Clyde Mooney
Richmond’s heritage-listed Kingston Hotel has sunk into insolvency following an ATO wind-up order, prompting a rapid sale campaign. Located only a few minutes from Melbourne’s CBD, the Kingston, one of the city’s most historic pubs, was established in the 1850s.

INSOLVENCIES SPIKE AS SUMMER SETS

Posted on February 26th, 2025 by Clyde Mooney
Marking the cold end to fervent and optimistic summer trade, the month of February saw a succession of insolvencies and sorry locals. Early in the month Newcastle pub The Edwards closed without warning, leaving patrons shocked and upcoming event bookings

POLITIS’ SEQ TURNS TIDE ON EUMUNDI

Posted on February 7th, 2025 by Clyde Mooney
Hot on the heels of Charter Hall and Hostplus’ successful play on HPI, SEQ Hospitality has secured the keys for listed publican landlord Eumundi Group. Eumundi began as a craft brewery named after its Sunshine Coast location, going on to

HPI’S TAKEOVER TAKES HOLD

Posted on January 29th, 2025 by Clyde Mooney
Listed pub landlord Hotel Property Investments' shareholders have voted with their balance sheets to accept the protracted, $760 million attempted takeover by Charter Hall and Hostplus. HPI (ASX:HPI) holds a stable of pubs in multiple states, totalling around 60 sites.

HPI’S TAKEOVER-BUSTING GROWTH STRATEGY

Posted on November 15th, 2024 by Clyde Mooney
Hotel Property Investments is embracing a strategy in line with its moniker, looking to a raft of opportunities in a virile market in a fight-back against the attempted takeover by Charter Hall and Hostplus. After an initial bid in September,

SEQ HOSPITALITY FALLS SHORT ON EUMUNDI TAKEOVER

Posted on November 4th, 2024 by Clyde Mooney
SEQ Hospitality, headed by rich-lister Nick Politis, has put up a $77 million bid for listed publican landlord Eumundi Group, but one major shareholder and hospitality player is holding out. Eumundi began as a craft brewery named after its location,