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The Queensland hospitality scene is known for its vibrancy, but there’s a storm brewing on the horizon. Recent figures from the Australian Securities & Investments Commission (ASIC) show a worrying trend – insolvency rates across Australia are rising, and that means tougher times ahead for pubs and clubs.
Strong corporate governance practices stand as the cornerstone for success and sustainability within the club industry. With harm minimisation emerging as the number one focus in the industry right now, Club Boards and Committees face escalating pressure to uphold ethical and sustainable practices within the liquor and gaming environment.
Maximising the effectiveness of your club’s governance is vital for sustaining growth and ensuring smooth operations and compliance. As you navigate recent changes to the grievance and remuneration policies, it’s crucial to align your constitution accordingly to maintain compliance, transparency, and fairness.
AUSTRAC Compliance Reporting due March 31st Each year before March 31st, hospitality venues must submit an independent review of their AML/CTF program. Every venue offering a Designated Service—defined as any establishment with gaming machines or TAB offerings—is obligated to submit an AUSTRAC compliance report by the 31st of March 2023....
Marketing and loyalty in the hospitality industry has rapidly evolved in the past few years, with the introduction of more personalised loyalty programs, intensified competition, and ever-changing industry and technological trends. As such, it’s often a challenge for non-experts and busy hospitality venues to keep up with (after all, you’re...
The Office of Liquor & Gambling Regulation (OLGR) has recently released a new Liquor Guideline. The Liquor Guideline 68 provides advice about the considerations of the Commissioner for Liquor and Gaming regarding late-night (between midnight and 5am) extended hours permits, as related to the administration of the relevant legislative criteria.
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