HSA February 2021

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Sustainability Lead Shown by SA Pubs Click here to watch video SA pubs and hotels have taken a leadership role, well in advance of single use plastic laws that comes into force in March 2021. South Australia’s ban on single-use plastics will start on 1 March, after legislation was passed in September last year. HOW IT AFFECTS HOTELS A ban on the sale, supply and distribution of single-use plastic products such a: • straws • cutlery • beverage stirrers. In the second stage, slated for early 2022, will see the ban extended further to cover: • polystyrene cups, bowls and plates • the ability to add further items may be added to this list. “Hotels have been quick to replace the likes of plastic straws with environmentally alternatives, such as paper and metal straws,” said AHA |SA CEO, Ian Horne. “Many pubs have already made the switch, well ahead of time. They have been educating staff and patrons and using up old stock. There is a recognition that taking this action reduces litter, waste and harm to wildlife, including marine life.” The Minister for Environment and Water David Speirs has congratulated all businesses “who are already voluntarily making changes ahead of 1 March 2021”. “Businesses are urged to prepare now by deleting these items from inventories, using up existing stocks, ordering alternatives, having signage in place and training staff. “The replacethewaste.sa.gov.au website is the go-to place for businesses to get information, tips, tools, Point of Sale materials or other assistance…. “Through this taskforce we’ve developed an approach that balances the benefit to the environment while minimising impact for businesses and recognising the needs of people who rely on single-use plastic straws to safely consume beverages and food. “There will be direct engagement across metropolitan and regional South Australia from early January to help South Australians get ready for the change and a handy hotline has also been established to help businesses, cafés and restaurants with the transition.” WE OFFER INSTALLATION OF AMUSEMENT EQUIPMENT ON A COMMISSION BASIS TO A RANGE OF VENUES. WE RECENTLY REACHED 100 VENUES ACROSS SA! • Pinballs • Buck Hunters • Pool Tables • Prize Games • Newest Equipment • Trouble-free Reliability • PayWave and Automatic Refund Systems • Machines are custom designed to suit your colour scheme/layout E: lukas@gameonentertainment.com.au | P: 0409 680 690 www.gameonentertainment.com.au 28 | Hotel SA | W W W . A H A S A . A S N . A U Back to Contents
Government-backed Loan Packages for SMEs The Federal Government’s loan scheme to assist small and medium-sized companies impacted by COVID-19 was extended in July last year, with leading lenders making up to $1m in new funding available to eligible businesses that apply before 30 June 2021. Originally announced as part of the initial COVID-19 economic support packages, the Federal Government moved to extend its support for small and medium-sized business through the introduction of the Phase 2 Coronavirus SME Guarantee Scheme. As we discussed when the details of the original package were first revealed back in March last year, the scheme is designed to provide SMEs with access to unsecured commercial loans, which are 50 per cent guaranteed by the Federal Government. Major lenders Commonwealth Bank, BankSA, NAB, Westpac and ANZ, as well as a number of second tier banks, revealed details of their Phase 2 loan packages whereby eligible small businesses can apply for up to $1 million in secured or unsecured finance between now and 30 June 2021. WHAT HAS CHANGED UNDER PHASE 2? There were a number of significant changes including the extension of the scheme from its original cut off of date of 30 September 2020 until 30 June 2021 and, importantly for many SMEs, the increase in the loan limit from $250,000 to $1 million. Importantly, Phase 2 also includes amended loan terms designed to provide more flexibility for SMEs accessing finance and better support lenders’ ability to provide credit under the scheme. The amendments included a 10 per cent cap on the interest rate (note: this is only an approximate cap and will be at the discretion of individual lenders) and an increase in the loan term from a period of up to three years (under phase 1) to , now, five years, with repayment holidays offered at the discretion of the lender. Loans are also available as both secured and unsecured finance, with lenders permitted to take guarantees and any security except for residential property. As Perks Director of Banking and Finance , Bruce Debenham , points out, perhaps the most significant of all however, was the move to make the loans available for a broad range of business purposes, including to support investment. “What we saw with the announcement last year was a real pivot in the Federal Government’s policy agenda, which shifted from a position of keeping business on life support to stimulating investment back into the national economy.” “This remains great news for SMEs who are considering a capital purchase to assist with their recovery or looking to capitalise on the current climate to get ahead of the competition.” As part of the amended scheme, SME borrowers can also refinance an existing Phase 1 loan into a Phase 2 loan. And while Phase 2 loans can be used for a wide variety of purposes, there are some restrictions which SMEs need to be aware of, namely, this scheme cannot be used to: • purchase residential property; • purchase financial products; • lend to an associated entity; or • lease, rent, hire or hire purchase existing assets that are more than half-way into their effective life. ARE YOU ELIGIBLE? As part of Phase 2, the Government also moved to broaden the eligibility criteria to make loans available to a larger number of SMEs. Under the original scheme, borrowers were required to demonstrate that their business had been materially impacted by COVID-19; however, under Phase 2, any SME, including sole traders and not-for-profits, with a turnover of up to $50 million are eligible to apply for finance and all SMEs that accessed loans under Phase 1 can also apply. As Bruce explains, with the eligibility criteria having been expanded, it is important to be aware that you will still be subject to the lender’s usual underwriting standards and credit criteria and you should therefore prepare accordingly. “As we know from our experience, each bank is different in their expectations. It is therefore critical to carefully consider all aspects of the loan application and deliver the all the necessary and relevant information so as to ensure that the application process will be as seamless as possible.” “You also need to consider how much of your own time you’re able to spend negotiating with lenders, or whether you are better served speaking with a specialised business broker to help streamline the process.” If you have more questions on how to apply or generally how Phase 2 works, you can always contact Bruce at bdebenham@ perks.com.au and let him know that you saw the Hotel SA article. Pat Hodby Pat Hodby and Tom Paine are Directors at Perks, South Australia’s leading privately-owned accounting and private wealth firm. They are the driving force behind the Perks Hospitality specialisation team and have both provided key advisory and operational support to a number of owner-operators in the sector, ranging from the structuring of their business, to back-of-house bookkeeping , to the streamlining and digitization of their support systems . Pat is also an active industry advocate for publicans and the hospitality industry and owns a successful pub in the Adelaide Hills. Tom Paine Back to Contents W W W . A H A S A . A S N . A U | Hotel SA | 29
Page 1 and 2: THE OFFICIAL PUBLICATION OF THE AUS
Page 3 and 4: C O N T E N T S FEBRUARY 2021 12 20
Page 5 and 6: AHA|SA President, David Basheer, wi
Page 7 and 8: Click here to watch video limited
Page 9 and 10: Bank Note Acceptors and TITO This s
Page 11 and 12: Promotion, and Best Environmental &
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Page 15 and 16: 27 28 29 30 31 32 33 27 REDEVELOPED
Page 17 and 18: Back to Contents W W W . A H A S A
Page 23 and 24: South Australia showed it was highl
Page 25 and 26: Industry (General) Award 2020 and t
Page 27: • General Retail Industry Award 2
Page 31 and 32: “Unlike other medi-hotels in Adel
Page 33 and 34: doors this Friday 5 February. The M
Page 35 and 36: Corporate Partners 2020/21 D I A M
Page 37: Our Purpose - To provide the hotel

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