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Hospitality businesses are failing at nearly twice the rate of a decade earlier

Article image for Hospitality businesses are failing at nearly twice the rate of a decade earlier

Hospitality businesses are failing at nearly twice the rate of a decade earlier, as industry players warn that soaring food and energy prices are pushing an increasing number of cafes and restaurants to the brink of collapse.

Richard Forbes, Chief Executive of Independent Food Distributors Australia joined Gary Adshead to discuss the significant hardship hospitality business are facing.

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Image: Getty Images/courtneyk

Gary Adshead
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