Thursday, August 20, 2026

HomeGeneral NewsHospitality sector faces significant closures and defaults

Hospitality sector faces significant closures and defaults

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Cafes and restaurants in Australia face alarming closures, with nearly 4000 businesses shutting down due to rising costs

In Short:
– Cafes and restaurants in Australia face significant closures, with 12% of establishments closed in the past year.
–…

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