PUBS CASHING IN ON RESIDENTIAL APPEAL

Major NSW pubs and groups are increasingly looking to the state government’s Housing Delivery Authority, fast-tracking redevelopment projects under streamlined rules for new residential property. A deepening supply shortage prompted commitment by the NSW Government to address the housing shortage

NAVIGATING THE NEW AML & CTF REGULATIONS

Austrac’s AML and CTF reforms have come into effect, reflecting the regulator’s mandate for improved governance, processes and calculated risk-based outcomes in a complex regulatory environment. The new regulations began 1 April and apply to all gaming venues – pubs

LAUNDY SYNDICATE INTO SINGLETON’S IMPERIAL

A Laundy-backed syndicate has snapped up the large-format opportunity that is the Imperial Hotel in Singleton, in another significant regional transaction. The Imperial came to market in February on behalf of a private Sydney-based property investor, who had acquired it

HISTORIC STAR OF PORT FAIRY ON OFFER

The historic Star of the West Hotel in Port Fairy is being sold by long-time owners ready to retire, offering a blank slate opportunity for its next chapter. The Star is a vast two-storey bluestone structure built for West Indian-born

OSCARS TAKE REDCAPE’S SOUTH TERRACE IN BANKSTOWN

Redcape Hospitality has shuffled the portfolio again, selling the South Terrace Hotel in Bankstown to Oscars Group in another major NSW transaction. Redcape, under MA Financial’s MA Hotel Management, has been making moves in south-east Queensland, after recycling capital from

THE MERC, THE ROCKS: TRADING AND TOPPED UP

Sydney’s oldest Irish pub, The Mercantile, in The Rocks, has officially reawakened from a major overhaul and temporary digs to reveal a blend of history and modernity, and a “game-changing” rooftop bar. The pub was established in 1915, replacing the

MAN ARRESTED OVER VIOLENT NAROOMA ARMED ROBBERY

Following a 10-day manhunt, detectives have apprehended and charged a man accused of an armed robbery at the Narooma Hotel where an employee was shot. Emergency services were called to the hotel around 10.30pm on Friday, 20 March, with reports

RBA SURCHARGE BAN: BAD FOR BUSINESS AND CONSUMERS

Australia’s Reserve Bank has ruled on the future of surcharges, deciding to end the practise on card payments from 1 October, in what is described as a “political fix” for the problems facing businesses.   For years consumers opting to

SHUTDOWN EXEMPTIONS END ACROSS NSW

This month hundreds more NSW pubs and clubs will be required to exercise the mandatory six-hour daily gaming machine shutdown as the state government revokes what are deemed ‘outdated’ exemptions. In December Minister for Gaming & Racing David Harris announced

EBET ROLLS OUT NEW EVOLVE TECH

Gaming services provider Ebet has begun rolling out its new next generation ‘Evolve’ platform in live venues. Central to Evolve is a dynamic NFC-enabled (Near Field Communication) interface that makes it faster and easier for customers to connect, requiring them