BARS (DRINKING ESTABLISHMENTS) – AUSTRALIA

Mogul’s son shut out of Endeavour board meetings

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Original article by Simon Evans,[SPACE]Carrie LaFrenz
The Australian Financial Review – Page: 15 : 12-Oct-23

Endeavour Group director Bruce Mathieson jnr claims a meeting of its board that approved a letter to shareholders rejecting criticisms by his father was illegally convened. His father is pubs billionaire Bruce Mathieson Snr, who owns 15 per cent of the hotel and liquor chain company, and who is threatening legal action against it if he is not able to inspect certain documents concerning Bill Wavish’s nomination as an Endeavour director. For its part, Endeavour stated it was appropriate that a representative of the Bruce Mathieson Group not be part of a meeting that concerned its response to a campaign against it based on "selective and incomplete information"; that campaign is being run and financed by the Mathieson family.

CORPORATES
ENDEAVOUR GROUP LIMITED – ASX EDV

LIQUOR STORES – AUSTRALIA,[SPACE]DIRECTORS OF CORPORATIONS – AUSTRALIA]

Endeavour has backed down on potentially blocking a vote on Bill Wavish running for the board

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Original article by Eli Greenblat
The Australian – Page: Online : 4-Oct-23

Pubs billionaire Bruce Mathieson Senior has stated the position of Peter Hearl as Endeavour Group chairman is "untenable", with Mathieson Snr being the biggest shareholder of the liquor store and pubs owner. His comments come as Endeavour backed down on its stance of refusing to allow Bill Wavish to run for election to its board without having the necessary regulatory clearance. With Endeavour holding its AGM at the end of October, Wavish, who is a former Woolworths supermarket and liquor boss, can now seek election to the board knowing he has the backing of Mathieson snr, who owns 15 per cent of Endeavour

CORPORATES
ENDEAVOUR GROUP LIMITED – ASX EDV,[SPACE]WOOLWORTHS GROUP LIMITED – ASX WOW

LIQUOR STORES – AUSTRALIA,[SPACE]DIRECTORS OF CORPORATIONS – AUSTRALIA – APPOINTMENTS AND RETIREMENTS]

Pubs plan one-size-fits-all pay for full-timers

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Original article by Ewin Hannan
The Australian – Page: 6 : 21-Jul-21

The Australian Hotels Association has proposed the introduction of all-in pay rates for full-time workers in the hospitality sector. AHA CEO Stephen Ferguson says that no employee would be disadvantaged under the proposed loaded rates regime, which would provide workers with higher above-award pay rates in lieu of some penalty rates. He says many employees in the sector would benefit from a simplified pay system. The United Workers Union will consult with its members regarding the proposal, which has been put before the Fair Work Commission.

CORPORATES
AUSTRALIAN HOTELS ASSOCIATION, UNITED WORKERS UNION, AUSTRALIA. FAIR WORK COMMISSION

11 million Australians visit pubs – mostly for a good feed

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Original article by Roy Morgan
Market Research Update – Page: Online : 8-Jul-20

New Roy Morgan data shows that pre-COVID-19, 11 million Australians aged 14+ (52%) were visiting pubs (hotels) for meals or for a drink in an average three months, up from 10 million four years ago. Most visitors to these establishments (9.5 million) go primarily for food. There are also 5.2 million people who do so for the sole purpose of having a drink, while around 3.8 million enjoy visiting pubs for both of these activities at different times. On a State-based level it is South Australians (62%) and Tasmanians (59%) who are proportionally most likely to visit pubs, followed by people in Victoria (54%) and New South Wales (52%). People in Gen X are the leading age group for Australia’s pubs, with nearly 2.76 million (57%) visiting them. Other generations aren’t far behind, with 2.68 million Millennials (54%), 2.4 million Baby Boomers (52%) and 2.4 million in Gen Z (52%) visiting pubs. These findings are from the Roy Morgan Single Source survey in the year to March 2020, derived from in-depth interviews with over 1,000 Australians each week and around 50,000 Australians per year.

CORPORATES
ROY MORGAN LIMITED

Woolies gives up liquor and gambling

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Original article by Sue Mitchell
The Australian Financial Review – Page: 1 & 18 : 4-Jul-19

Woolworths CEO Brad Banducci says the retail giant has been working on the proposed demerger of its liquor and hotels business for more than a year. Endeavour Group will be created via the merger of pubs and poker machines operator ALH Group and Endeavour Drinks, which owns the Dan Murphy’s and BSW liquor chains. Woolworths plans to divest Endeavour Group via a demerger, trade sale or IPO in 2020 and retain a minority stake. Woolworths has attracted criticism over its exposure to poker machines, but Banducci stresses that this was not a driver of the demerger proposal.

CORPORATES
WOOLWORTHS GROUP LIMITED – ASX WOW, ENDEAVOUR GROUP, ALH GROUP LIMITED, DAN MURPHY’S, BWS – BEER WINE SPIRITS, CITIGROUP PTY LTD, UBS HOLDINGS PTY LTD, ABERDEEN ASSET MANAGEMENT LIMITED, LANGTON’S, CELLARMASTER WINES PTY LTD, PINNACLE DRINKS, THE MATHIESON GROUP PTY LTD, BIG W DISCOUNT STORES, THE QUANTIUM GROUP PTY LTD

Craft beer gives big brewers competition

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Original article by Julie-Anne Sprague
The Australian Financial Review – Page: 10 : 17-Feb-15

Australians’ enthusiasm for craft beer continues to grow. Big breweries, such as Lion and CUB, are trying to retain market share by offering attractive incentives to pubs. Their behaviour is being monitored by the Australia Competition & Consumer Commission. Great Northern Hotel owner Alistair Carragher prefers not to be restricted in his choice of beers. He believes that craft beers offer a point of difference for his business

CORPORATES
FOSTER’S GROUP LIMITED, CARLTON UNITED BREWERS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, COOPERS BREWERY LIMITED, SABMILLER PLC, LION PTY LTD, KIRIN HOLDINGS COMPANY LIMITED

Woolworths’ pub fund lightens load with $603m property sale

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Original article by Ben Wilmot, Richard Gluyas
The Australian – Page: 17 : 9-Sep-14

Real estate funds management group Charter Hall and industry superannuation fund HOSTPLUS will jointly pay $A603m via a new unlisted vehicle to acquire pub assets. The seller of the freehold properties is the ALH Group linked to bottle shops and pubs operator Woolworths. The latter, through its venture with entrepreneur Bruce Mathieson, will lease back the 54 sites. The real estate holdings divestment by Woolworths has now reached $A2.9bn in value

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, CHARTER HALL GROUP – ASX CHC, AUSTRALIAN LEISURE AND HOSPITALITY GROUP LIMITED, BRUANDWO PTY LTD, HOST-PLUS, MH CARNEGIE AND COMPANY PTY LTD, AUSTRALIAN PUBS FUND, DAN MURPHY’S, BWS – BEER WINE SPIRITS, SHOPPING CENTRES AUSTRALASIA PROPERTY GROUP – ASX SCP, LAUNDY HOTELS PTY LTD, TELSTRA STAFF SUPERANNUATION SCHEME, ALE PROPERTY GROUP – ASX LEP, HOTEL PROPERTIES INVESTMENTS – ASX HPI, COLES GROUP LIMITED, WESFARMERS LIMITED – ASX WES