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In response to “same job, same pay”, we would argue that in the restaurant and cafe segment of accommodation & food service, that it’s not the same job, 18, 19 and 20 year olds, especially those working in the kitchen, haven’t built up that experience and the process and expertise of working in a kitchen and front of house. And that takes time.
ABC Radio National-The Money
Australian’s love affair with paying by card – and not cash – has now surpassed 90% of transactions. But each time we tap our card, the merchant incurs a cost that’s passed onto you, the customer, to the tune of billions of dollars a year.
As part of a Review of Retail Payments Regulation, the RBA is expecting the industry – the banks, card companies and payment terminal companies – to cut processing costs by using what’s called ‘least cost routing’.
Brad Kelly, Managing Director of Consulting Company, Payment Services
Wes Lambert CPA, FGIA, CAE, MAICD, CEO of the Australian Restaurant & Cafe Association
Hospitality industry calls Victoria’s new gas laws misleading
Victoria’s hospitality is fighting back against the Allan government’s new laws around gas, which they say are designed to phase out gas by stealth.
Restaurants and café owners believe the move by the government could send more businesses to the wall.
The Australian Restaurant & Cafe Association called the move “deeply disappointing”.
“Without proper compensation or support, thousands of hospitality businesses now face potential closure, massive losses, or costly conversions to electric appliances,” chief executive Wes Lambert said.
“These changes could devastate Victoria’s hospitality sector, which is already struggling to survive.”
Foodie chiefs sound alarm over tsunami of new Brisbane venues
Australian Restaurant and Catering Association CEO Wes Lambert said most of the 100 eateries to open in the next three months would be by experienced operators, who he believed would survive, but perhaps at the cost of smaller businesses.
“May of the new openings are by medium and large restaurant groups around the country that are extremely experienced, so we expect that there could potentially be further consolidation until economic conditions improve,” he said.
Catering to changing tastes
Wes Lambert, CEO of the newly formed Australian Restaurant & Cafe
Association (ARCA) says consumers expect to be able to use “hospo tech” to make bookings, order from the table/kiosk, pay their bills and also are utilising social media to discover venues.
“We work directly with multiple partners to bring those advancements to the industry,” he said.
Cafe, pub splurge short-lived as consumer pain persists
Pubs, restaurants and cafes reaped the benefits of early Father’s Day celebrations but the boost was likely temporary as financial pressures keep a lid on consumer spending.
Melbourne rally takes toll on businesses
Australian Restaurant & Cafe Association (ARCA) chief executive Wes Lambert said he knew of “dozens” of businesses in the area that had closed or restricted trade on Wednesday as a result of the protest.
“In the midst of an economic crisis, it is unacceptable that anarchistic behaviour can disrupt the city, forcing businesses to close and causing unnecessary hardship,” he said.
Is the cost of living changing the way we eat out? 1 in 11 hospitality businesses at risk of closing as the cost of living crisis hits restaurants
A new report suggests that over 8% of restaurants and bars will close over the next year as rising costs hit their bottom line and the rising cost of living changes the way we eat.
While some parts of the industry are doing quite well, many smaller businesses are struggling, even if they’re not at risk of closing.
Is it just consumer spending driving these challenges or are there deeper economic concerns for the hospitality market? And what will it mean for your next meal out?
Guests:
Luke Siddham Dundon, reporter, RN Breakfast
Wes Lambert, CEO, Australian Restaurant & Cafe Association
Why you pay $5.08 for a $5 coffee
“A surcharge ban would be utterly devastating to the restaurant and cafe segment of the accommodation and food service industry,” says Wes Lambert, CEO of the Australian Restaurant and Cafe Association.
“With some venues facing up to a 50 per cent drop in net profit if a ban is introduced, they will need to put up menu prices to cover the merchant fees they must pay leading to further inflation.”
Power rebates hide inflation threat, with no rate cuts in sight
While the RBA expects state and federal government rebates will temporarily push headline inflation down to 3 per cent by the end of the year, it expects inflation to shoot higher to 3.7 per cent in December next year when the subsidies end.