Navigating the Dynamic Terrain of Australia’s Hospitality Industry

Simon Cathro

The hospitality industry in Australia is a vital and thriving sector that plays a critical role in the country’s economy.

In Cathro and Partners latest whitepaper titled “The Hospitality Industry in Australia: Understanding Current Dynamics and Anticipating Future Shifts” we consider the Covid interruptions between March 2020 and February 2022, the historically low unemployment rate, the changing global outlooks impact on the industry to date and the key factors that will effect different sub sectors in the industry through FY2024 and beyond.

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Insights into creditor activism with Anna Taylor, Principal at Results Legal

In this episode of The Cut, host Andrew Blundell, Principal at Cathro & Partners, is joined by Anna Taylor, Principal at Results Legal, to discuss various aspects of insolvency, debt recovery, and trade credit. Key Takeaways: This episode provides valuable insights for insolvency practitioners, creditors, and businesses on effectively navigating

Director Penalty Notices – Expect to see a pick-up in personal insolvencies during FY25

Back in November 2023, I wrote an article about the Australian Taxation Office (“ATO”) outstanding lodgement amnesty program finishing up in December 2023. Since then, the ATO has returned to normal pre COVID collection procedures. In seeking to encourage compliance, the ATO has also issued large numbers of Director Penalty

Bankruptcy – Who is liable for the CGT?

On 4 July 2024, Downes J of the Federal Court of Australia provided a decision in favour of the ATO that contradicts how Bankruptcy Trustees have traditionally treated Capital Gains Tax (CGT) prior to June 2021 in Robson as trustee for the bankrupt estate of Lanning v Commissioner of Taxation