The swagger’s back: Commonwealth Bank announces $7.3b profit

The Commonwealth Bank reports a $7.3 billion half year profit, as other corporates feel the impact of COVID-19.  But the market’s reaction to CBA’s result has been interesting. Also today: A stunning contraction in the British economy Wages growth in Australia slows to its weakest level in 23 years And cyber security laws come under the spotlight Plus an interview with Australian Hotels Association CEO Stephen Ferguson about the plight of the hotels sector.
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Categories: Media Release.

AHA appointed to lead IR reform for accommodation and hospitality industries

The Australian Hotels Association (AHA) has been appointed by the Federal Government as the peak Accommodation and Hospitality industry body to lead the sectors contribution and guidance in two key working groups tasked with overhauling Australia’s industrial relations system. AHA National CEO Stephen Ferguson said having Australia’s peak accommodation and hospitality industry body as the lead organisation for the sector, was a unique opportunity to reform Australia’s employment law system which has rightly been described as no longer fit for purpose.   “For decades the AHA and its subsidiary Tourism Accommodation Australia, has shown itself to be the sectors leader as a
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Categories: Media Release.

2019 AHA NATIONAL AWARDS FOR EXCELLENCE

MEDIA RELEASE    AUSTRALIA’S TOP HOTELS RECOGNISED AT AHA NATIONAL AWARDS FOR EXCELLENCE   The nation’s best hotels have been recognised at a gala ceremony on Queensland’s Gold Coast this afternoon. Nearly 500 VIP and industry guests from across Australia were at The Star on the Gold Coast for the 2019 Australian Hotels Association National Awards for Excellence. There was a standing ovation for Tasmanian Hospitality Association President Paul Jubb – this year’s National Hall of Fame recipient, and a moment of silence for industry icon former National President Peter Burnett of Victoria who passed away earlier this year. Sydney’s
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Categories: Media Release.