HISTORIC FRASER COAST PUB ON MARKET
Maryborough historic Engineer’s Arms is up for sale following an extensive restoration by former local Councillor Anne Nioa. Maryborough is just south of Hervey Bay, and home to the ‘World’s Greatest Pub Crawl’, attracting thousands of locals and visitors to
ACCC INVOLVEMENT IN BIG BEER BATTLES CONTINUES
Following a positive ruling on Australia’s part in the beer global mega-merger, the Australian Competition & Consumer Commission (ACCC) is still unhappy about tap contracts and craft brewers. Last month the ACCC gave the green light to a $145 billion
LANTERN EXITS SUNSHINE STATE
ASX-listed Lantern Hotel Group reports it is on track to turn around, now listing its final Queensland pub as per its strategic divestment of non-core assets. Last week it put to market its freehold interest of Cairns’ iconic Courthouse Hotel,
BALMAIN OVERHAULS AND TOPS OFF TOWN HALL
Balmain Pub Group has announced the re-opening and “complete change” of its newly acquired Town Hall Hotel. Following the $7 million purchase of the prominent corner pub in February, Balmain Pub Group (BPG) owners Nick Wills and Warren Livingstone had
ALE REVEALS LATEST PORTFOLIO VALUATION JUMP
The original ALH landlord has posted its half-yearly property results, demonstrating why the hotel market continues to attract hungry investment. Listed entity ALE (ASX: LEP) reports the value of its portfolio of 86 freeholds grew by a healthy 10 per
MINIMUM WAGE HIKE DOUBLE INFLATION BUT NOT ENOUGH
The new minimum wage and hourly rate comes into effect in two weeks, and an increase twice the rate of inflation still sees the usual pundits not satisfied. From 1 July the minimum wage will rise 41c an hour to
WORLD’S BIGGEST BOURBON PUSHES PREMIUM WITH DOUBLE OAK
The progressive drinks giant that is Beam Suntory with Coca-Cola Amatil has announced Jim Beam Double Oak as part of its permanent line-up and push on ‘super-premium’ bourbon. Beam and Suntory teamed up in 2014 to create a new force
BYRON ‘TOP PUB’ LOOKS TO FETCH $70m+
Byron Bay’s juggernaut ‘Top Pub’ has hit the market and tight investor yields could see it fetch over $70 million. The Beach Hotel is possibly Australia’s ultimate beach hotel, located on 4,585 m² offering ring-side views of Byron Bay’s picturesque
NEW $5 NOTES TO AFFECT MOST CASH EQUIPMENT
The new $5 notes will begin appearing in September, and most cash-handling equipment will need to be upgraded. The RBA unveiled the new notes in April, which incorporate advanced security features to prevent counterfeiting while retaining key design aspects such
NEW AUSTRALIAN BEER CO CRAFT RANGE GOES ‘BEYOND’
The Australian Beer Company is tapping consumer preferences for artisan products with cultural provenance, releasing its new and limited edition ‘Beyond the Black Stump’ range of craft beers. Crafted to evoke drinkers’ imagination and celebrate Australian native ingredients, brewers were