Cash Comes Back, Tourism Rebounds & the Acquisition Market Heats Up: What's Coming for Hospo | July Hospo Update

Cash is back, tourism is rebounding and the hospitality acquisition market is heating up. Here's what's coming for hospo this month — for restaurant owners, café owners and bar owners across Australia trying to stay ahead of the changes.Three big things landed on hospitality this month — and for once, most of them are good news.In this month's industry update, Tim sits down with Wes Lambert — CEO of ARCA and the man in Parliament advocating for every café and restaurant in Australia — to break down what's happening now, what's coming next, and what you need to be doing about it before the next round of change hits.Payday super is live and running smoothly. Tourism is rebounding, with record weeks reported by operators from Toowoomba to Cairns to Sydney. The surcharge ban is landing 1 October, and the RBA is encouraging cash discounts — which means ATMs may be making a comeback. CGT and negative gearing laws have passed Parliament. Trust tax changes are looming. And the acquisition market is red hot — great news whether you're looking to buy or sell.Plus AI. If you're not using it in your business yet, you're leaving money on the table.You'll hear:00:00 – Payday super update: no major issues so far02:00 – Tourism is rebounding — record weeks across the country03:00 – Cash is back: the RBA's push for cash discounts before the surcharge ban05:00 – Why the Telstra outage proved you need alternatives to card payments07:00 – The 10% price increase you'll need across 202609:30 – CGT and negative gearing laws have passed — what it means for your business11:30 – Trust tax changes: why you need advice now, not later14:00 – Consumer spending, interest rates and the road to 202715:30 – The acquisition market is red hot — buy or sell opportunities everywhere17:00 – When it's time to restructure or exit — and why that's not failure19:00 – The AI revolution — what every hospitality business should be adopting nowLINKS FROM THE EPISODEJoin ARCA: arca.org.auGSE Business Brokers: https://www.gsehospitalitybrokers.com.au/Restaurant Revive: https://www.restaurantrevive.com/homeBook a free Profit Finding Session with the Foodie Coaches team: https://discover.foodiecoaches.com/bacFollow along:@[email protected]