ECONOMIC WOES THREATEN AUSSIE TRADITION OF A SHOUT

Recent research has shown that the time-honoured Aussie tradition of buying a round has declined, most likely due to a combination of a change in drinking habits, changes in technology and of course cost of living pressures. The National Australia Bank (NAB) surveyed 2,000 Australians late last year, discovering that while over half of all

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SOLOTEL SNARES A SET OF PUBLIC PUBS

Leading Sydney operator Solotel has emerged as the new operator of the majority of the Public Hospitality portfolio recently into receivership, adding three inner west pubs to the collection. Formerly high-flying dealmaker for tax advisor KPMG, Jon Adgemis, came unstuck during a rapid rise to two-dozen hotels, as construction costs and interest rates rose following

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