With a Federal election looming, the incumbent Albanese administration has begun wooing the battlers, promising a freeze on the unpopular tax on beer for at least two years. If re-elected, the Albanese Government has mandated the temporary halt on increases to the excise on beer, but only on beers poured in licensed venues. This is […]
The electioneering has begun and the Coalition has put forth proposal to allow small businesses to claim business-related meal and entertainment expenses, in a boon for hospitality. The proposal was announced this week by opposition leader Peter Dutton, suggesting a capped tax deduction for small businesses of up to $20K. Industry watchdog the Australian Hotels
Social drinkers across Australia brace for the year’s second tax hike on alcohol, as the ratcheting beer and spirit excise goes up again in August. The nation’s peak hospitality body is again protesting the “crippling tax” scheduled to increase 5 August, saying it is another blow for everyday people struggling with the rising cost of
The Federal government this week handed down its latest budget, hinting at a troubled global outlook and hedging Australia’s position, and hospitality has given the strategies a thumbs-down. A core focus of the budget was the forecast for inflation, which has fallen to less than half of the 7.8 per cent peak of late 2022,
BUDGET BLUES AS TREASURY LOOKS TO SOFTEN THE REBOUND Read More »
The Albanese government and Treasurer Jim Chalmers have handed down the Budget for 2023, bringing economic prudence in the wake of the pandemic, and positives for employment and hospitality. The government expects economic growth to slow from 3.25 per cent this financial year to 1.5 per cent next year, while inflation is also expected to
The twice-annual beer excise is set to ratchet up again this week, finding continued cries for leniency as Australia clocks undesirably high inflation and marks the biggest annual beer tax increase in decades. The excise duty is the tax per litre of alcohol and the rate for beer is indexed every February, and again every
The National chapter of the Australian Hotels Association says it is time to party again “cocktail style” as the 2022 Awards for Excellence revs up. A showcase of Australia’s hottest pubs and hotels will take place Monday, 28 November at Campbells Cove on Sydney Harbour, offering guests first-class views of the Sydney Harbour Bridge and
Details are emerging of the results of the government’s Jobs and Skills Summit, addressing the employment challenges holding back the country and crippling hospitality. The two-day Summit last week came after more than 100 recent roundtables around the country, across different portfolios. Stephen Ferguson, CEO of the National AHA, represented hospitality amid more than 50
The Albanese Government has this week undertaken a landmark Jobs and Skills Summit, attended by more than 140 representatives, with staffing in hospitality key on the agenda. Prime Minister Anthony Albanese and Treasurer Jim Chalmers led the two-day event, inviting business, unions and industry stakeholders to discuss the workforce crisis and economic challenges. The Summit
Australia’s ratcheting tax on draught beer has risen again, this time representing the biggest increase in more than three decades, prompting further debate amid economic constraints. The world has been experiencing uncomfortably high inflation post-pandemic, largely as a result of supply chain and labour disruptions as countries hunkered down. Linked to CPI, the biannual indexation
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