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This is the first of our new monthly hospitality industry updates-where Tim sits down with Wes Lambert from ARCA to break down what's happening behind the scenes that every venue owner needs to know. In this February edition, we cover everything from upcoming 30% junior wage increases, a potential ban on debit card surcharges, RBA interest rate outlook, and how to get ahead of the 5%+ wage rise expected in 2026. If you've been too busy in the day-to-day to track it all-this is your shortcut. You'll hear: 00:00 - Why this new monthly series exists 02:40 - What's driving inflation (and why it won't ease soon) 06:10 - RBA's outlook: no rate cuts until 2028 09:30 - Junior wages could rise 30%: here's what that means 13:00 - Why your award wage bill is set to rise 5-5.5% 18:00 - Surcharge bans? RBA ruling lands March 27 22:45 - Superannuation must be paid weekly from July 1 26:00 - Slowdown in visa approvals (and how to speed it up) 31:00 - Al in hospo: what the government's signalling next 36:10 - The experience economy is here-are you ready for it? 40:00 - Tourism trends, CBD recovery & shifting consumer habits 46:00 - Why now is the time to optimise, not panic Want help planning for the upcoming wage increases or compliance changes? Book a free call with the Foodie Coaches team: www.foodiecoaches.com Want to join ARCA and get directly involved in shaping hospo's future? Join here: www.arca.net.au