Iconic Aussie Eateries Closing As Cost Of Living Bites Aussies

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The Project

Күн бұрын

Пікірлер: 56

@JessicaKeith-uj1jq 6 ай бұрын

The cost of living seems to be increasing every year, making it harder to keep up.

@ChloeCarter-kd7gz 6 ай бұрын

Indeed, it's becoming quite challenging to manage expenses.

@AshleyKeith-vw7ws 6 ай бұрын

@ScottLarrry Impressive! How did you achieve that?

@HRMColoniallifeinsurance 6 ай бұрын

⁠ Absolutely, RPC WEALTH. has a knack for analyzing market trends and helping clients make informed decisions.

@MelissaHobbs-qm8wi 6 ай бұрын

Wow, that's impressive! I've heard of them I'm excited to hear about their success stories. I've actually had my mortgage paid off by following their guidelines calls.

@JessicaKeith-uj1jq 6 ай бұрын

@@MelissaHobbs-qm8wi That's interesting. How did you connect with the company ?

@OliverMisha 6 ай бұрын

In Vic the state government has recently imposed an additional land tax on rental properties including commercial and retail properties. The tax has added tens of thousands to landlords who in turn pass the cost onto tenants. The biggest white elephant in the room and for some reason there is no media pressure on the government to take responsibility for destroying businesses.

@0401412740 6 ай бұрын

While yearly government salary increases

@whynot2030 6 ай бұрын

Well said. Spot on

@anthonyszy7191 6 ай бұрын

Survival of the fitest

@kevinkwok7626 6 ай бұрын

Not just restaurants, other sectors of small businesses like services, retailers and entertainments.... are feeling the pinch and tightening.

@greghatton1787 6 ай бұрын

Nice Mortal Combat analogy.

@deborahciardulli4057 6 ай бұрын

All by design

@StormLord-AOS 6 ай бұрын

Good story to show that the cost of living will be hitting everyone as uncertainty of the future eats at at the confidence of the consumer.

@dallasr8555 6 ай бұрын

If they voted Labor they get no sympathy from me.

@adiintel1 6 ай бұрын

And the libs are better at running things 😂 Both parties are compulsive liars , highly corrupt and short term thinkers...

@elizabethdjokovic2691 6 ай бұрын

It's hard to understand how we got to this. That said, I've reduced my eating out. It's too expensive and I'm usually disappointed with the dishes I've ordered. Some restaurants are thriving at the moment.When there's a queue outside waiting for tables it's a very good sign that the price is right and the food is good.

@rebeccaavoca9143 6 ай бұрын

AFTER 13X MORTGAGE RATE INCREASED, N GROCERIES PRICES KEEP GOING UP, ELECTRICITY BILL KEEPS GOING UP - WHAT DO YOU EXPECT ???? WE CUT UNNECESSARY THINGS IN OUR LIFE MORE IN ORDER TO PAY OUR BILLS N PUT PUT ON THE TABLE ..

@junle5162 6 ай бұрын

just cooked some instant noodle at home while watching this😂

@bachinaramya6183 4 ай бұрын

😢

@martat11 6 ай бұрын

Terribly SAD! ALL small businesses are suffering or forced to close. People are suffering DAILY, paying hugely inflated food prices and sky-rocketing mortgage payments. Housing and rental accommodation is in crisis situation, hundreds of people are getting homeless. Any tips from government leaders for improvement?🤔

@stephenjohnson6146 6 ай бұрын

The garbage what you buy at the restaurants is a totally waste of money . When you go to restaurants overseas the food what you order is way better. And cheaper.

@rabidsminions2079 6 ай бұрын

Wages have not kept up with rampant inflation and the BCA wanted the minimum wage to rise by 2% making the lowest earning workers unable to afford even the basics let alone going to a cafe or restaurant. There goes your customers. Everything has been going up by 5 & 10% and wages will rise by 3.75%. If workers wages fail to keep up with inflation then you no longer have customers....

@illletmyselfout.8516 6 ай бұрын

When I go to my local fish n chip shop and the order costs as much as going to a restaurant it's over

@ratnoinamaew7822 6 ай бұрын

Nobody can afford $20 a pint.

@joebloggs24 6 ай бұрын

Many can, but they don't drink beer 😂

@MidnightSun-j1u 6 ай бұрын

When coffelovers see even $1 jump in cost, omg😱 they start a tantrum & its a BIG drama

@colinthompson3111 6 ай бұрын

Interesting that businesses would ask for financial assistance. Didn't businesses receive low taxes from the previous government? Wouldn't income for ordinary people be better as most people like eating in restaurants?

@Herbert12864 6 ай бұрын

That’ll cause inflation. Unfortunately we gotta cop it a bit

@detectiveofmoneypolitics 6 ай бұрын

Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊

@MeditateMeHigher 6 ай бұрын

And on top of this, chefs cant live a 2hr transit away from work, its really hard as a chef to live so far from the Resto! Yet there is nowhere in Cremorne/Nuetral Bay and surrounds! To commute w more ease into the CBD and surrounds for work! Chefs work on long hour rosters 14hrs most days! Yet cannot live close any longer! Yet the cashed up upper mid to upper class want the quality service/the amazing food from a qualified restaurant chef! Yet these same customers are the 1st to cry on review sites and are plain nasty when the service or food isnt better quality! Well Karen's staff cant even get a unit for under 500pw on the outskirts of the city n surrounds! 🙄 Chefs should be on the "Essential Workers" housing, where by chefs too can get a subsidised unit in the center too! 😢chef de parties dont make over 80k per yr! Mostly around 70k. Its too hard!

@morganoox3838 6 ай бұрын

Housing is essential for everyone.

@georgetsipas49 6 ай бұрын

The ATO is judge, jury and executioner combined. I truly feel for these business owners. Loosing them is loosing colour, flair and vibrancy in the community. We will be left with drive thru options to pick from.

@FreddyJong-co6cb 6 ай бұрын

Labour goverment's fault 😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢

@strikeforce448 6 ай бұрын

🙄

@DanielKreyzig 6 ай бұрын

The Perfect storm in a tea cup

@joebloggs24 6 ай бұрын

Can't wait for it - the storm has been brewing for decades!

@kr0nic666 6 ай бұрын

LOL 1 out of 13 Hospitality business expected to close in the next year........... thats 7% ........ not bad at all

@minpat1015 6 ай бұрын

the government wants inflation to slow down and unemploymnt rising is a consequence somewhere the jobs have to be lost this is why the increasing interest rates

@coopsnz1 6 ай бұрын

14% more taxes on a truck did that by labor

@glenmale1748 6 ай бұрын

Nothing to do with tax. Most restaurants are run by people who love making great food but have zero idea about business. Restaurants are the riskiest of all businesses to run and have the highest bankruptcy rates of any business. The vast majority will only last 18 months. Hire a manager and stay in the kitchen is the best advice.