Industry News Search
by Vanessa Sciortino | Special Counsel, Nicholsons
Annual remuneration reviews – are you being paid correctly?
All caretaking agreements will provide for an annual review of the caretaker’s remuneration. Unless there has been a specific change that review will normally be on the anniversary of the commencement date [...]
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by Lel Parnis - Holmans
Get ready for a new year – 2021 financial year end is fast approaching!
If I’ve said it once… planning is key. And there are a few changes coming from July 1, 2021 so best be prepared to take any actions required to get compliant and to enact any tax minimisation measures [...]
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by Andrew Morgan - QTHB
The Price is Right!
In this edition we are focusing on setting the price of motel assets correctly before the start of the marketing campaign. So, what is the definition of market value? The API states the definition of [...]
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by Grantlee Kieza
Bumper harvest reaps property riches
A freehold motel netting more than half a million dollars a year and with limited competition! That’s the Kingsley Motel and Cabernet restaurant in beautiful Manjimup, 300km south of Perth – an [...]
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by Grantlee Kieza
Lakeside living offers great returns
It’s a magnificent lakeside setting, nestled in sublime, lush tablelands with a lucrative income stream – the perfect place to relax, recuperate, rejuvenate and make a great living. Management [...]
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by Grantlee Kieza
Electric vehicles on the charge
The sale of electric cars in Australia has doubled this year. In a bid to win new customers, increasing numbers of accommodation providers are supplying guests with charging equipment. Dean Long [...]
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by Kelley Rigby
Know your worth
How much are you worth to your investors? The original subject line when I first started writing this article was ‘how much is an investor worth to your business?’. Let us be honest though, we [...]
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by Andrew Morgan - QTHB
Motelier management is in demand
As with many professions, demand for people to fill positions fluctuates depending on how the industry is performing. A timely example is that increased demand for fresh fruit and vegetables, combined [...]
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by Andrew Morgan - QTHB
Leave some in the tank!
Whenever starting something new we always kick off with such gusto and enthusiasm. Whether it is a new gym membership, and we attend three times a week, eager and ready to go, until the enthusiasm drops off [...]
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